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<br />Business Development News <br /> <br />Page 3 of 5 <br /> <br />largest store in the southeast Houston area. New private roads are being built for easy access <br />to/from Fairmont Parkway or Beltway 8. <br /> <br />Did you know Pasadena has the second highest disposable income in Harris County? <br /> <br />· Construction on Webster Plaza - Bay Area Boulevard & N. Texas Avenue in Webster, has begun. <br />Tenants for the 23,820 sf center include Buffalo Wild Wings, Jamba Juice, EB Games, a sandwich <br />shop, and a fresh, fast-food Mexican restaurant. <br /> <br />Did you know in a 5-mile radius of Baybrook Mall, the average household income is $79,132? <br /> <br />· Chair King has leased 31,000+ sf at the Centre at Baybrook in the former Best Buy spot. Other <br />center tenants include Stein mart, ashman's and Bed, Bath & Beyond. <br /> <br />· An upscale seafood restaurant will be built at Vista and Beltway 8 in Pasadena. In Kemah, the new <br />Saltgrass Steakhouse is now under contruction; word is that more restaurants are in the works. <br /> <br />Did you know Nassau Bay's median family income is $77,252 .... <br />(there are approximately 2,243 families in this city of 4,170P <br /> <br />· Construction started on Marina Bay Village Shopping Center, a 37,000 sf retail center at FM 2094 <br />and Twin Oaks Blvd. in League City. The development also includes an office complex, and 200 <br />storage units. And in Friendswood, work has begun on an 8,500 sq. ft. retail center at FM 528 and <br />FM 518. <br /> <br />. FYI Traffic Counts: <br /> <br />Pasadena Traffic Count - 2001 24-hour count <br />Fairmont Parkway west of Jana - 26,650 <br />Fairmont Parkway east of Jana - 40,740 <br /> <br />Seabrook Traffic Count - 2002 Avg. Daily Count <br />NASA Parkway west of SH 146 - 18,400 <br />NASA Parkway east of SH 146 - 31,000 <br />SH 146 south of NASA Parkway - 33,000 <br /> <br />Coming soon' <br />Friendswood - P9IlClrGer1t~ral- Friendswood Plaza; FM 2351 and FM 518 <br /> <br />What's New? <br />Pasadena - Koli3_c:l1eFactgry <br />Webster - Anni3Pl.Jrni3lnc:lji3nBe~tClJ,!fiwJ - Point NASA <br /> <br />Residential Development <br /> <br />· Plans have finalized for Tuscan Lakes, Johnson Development's new community in League City. <br />The new 870-acre project will include 2,000 homes, a 20-acre lake, trails, a 28-acre park, 144 acres <br />for commercial development, 47 acres for apartments and a lot of green space. The master-planned <br />community is on SH 96 and FM 270 in League City. <br /> <br />f"- <br /> <br />· Also in League City, Sam Boyd recently purchased 403 acres giving him a total of 1,411 for a new <br />development off SH 96. He plans to build 1400 new homes and will extend So. Shore Harbour Blvd. <br />through the project. State Highway 96 will connect to Hwy. 646 at Caroline Street. Construction <br />should start this summer. <br /> <br />1/28/2004 <br />