The latest news and information from the Grid. Watch here for status updates, event information, and new tenant announcements.
In-N-Out Burger, golf venue and other retailers kick off former TI redevelopment
September 24, 2018
By Nancy Sarnoff
After more than two years of planning, construction has started on the redevelopment of the former Texas Instruments property in Stafford - including plans for the Houston area’s first In-N-Out Burger.
The former research and manufacturing facility is being remade into a mixed-use development with hotels, apartments and a spate of shops, restaurants and entertainment venues.
Tenants slated to join the project — dubbed The Grid — include Drive Shack, a golf entertainment venue; Whiskey Cake, a craft cocktail bar and restaurant; Luma Grove, an outdoor dining concept; and California fast-food chain In-N-Out Burger.
Hint: It’s popular on the West Coast.
Pluckers Wing Bar, Outback Steakhouse, Chipotle and Verizon are also headed for the project.
Aloft Hotels and Element by Westin will operate a co-branded hotel with 234 rooms, and apartment developer JLB Partners is under way on a 380-unit rental complex at The Grid.
A food hall and community gathering area called The Lawn, which will host live music, movie nights and art shows, are also planned.
Developer StreetLevel Investments of Dallas said the new project will build upon the site’s legacy of innovation.
The project will repurpose more than 750,000 square feet of mid-century modern buildings that were part of the original TI campus.
“We look forward to building upon that legacy as the Grid sparks new economic growth in southwest Houston,” Adam Schiller, managing principal of StreetLevel Investments, said in a statement.
StreetLevel is developing the 192-acre project with Provident Realty Advisors.
The components will be joined by a network of pocket parks, jogging and bike trails and activated public spaces. The developer said heritage oak trees on the site will be preserved.
Long-term plans for the project on U.S. 69 between West Airport Boulevard and South Kirkwood Road call for 350,000 square feet of retail and restaurant space; 2,400 residential units; 500,000 square feet of office space; multiple hotel brands; a health club and luxury cinema.
Gensler and TBG are involved in the design. CBRE has been tapped to lease the office space.
The first phase of the the $500 million project is slated to open next year.
Jeff Wiley, president and CEO of the Fort Bend Economic Development Council, said The Grid will be transforming for Stafford.
“The former TI campus, which was the home of much innovation powering today’s technology, will now be transformed into a tech-savvy, mixed-use development,” Wiley said in a statement. “We have worked on the delivery of this project with the developer, city, county, water district and development authority for quite some time. The day has finally come to let others see the collective vision come to fruition.”
The project will receive a 70 percent county tax abatement for 15 years and the developers could be reimbursed for as much as $52 million worth of infrastructure improvements made to the site, including new roads, landscaping, water and sewer systems and public parking garages.