FRIENDSWOOD – Tannos Development plans to break ground next year on a $710 million mixed-use project with retail, apartments, offices, hotel, and a waterfront public park.
The 106-acre Friendswood City Center will be at FM 528 and Blackhawk Blvd.
It will have 11 commercial buildings, including 150,000 sf of retail, 200,000 sf of offices and medical offices, plus a 500-unit midrise apartment community next to a lake.
Tannos Development received a minority stake investment on the project from its partner, Wolfgramm Capital. Wolfgramm also plans to develop a medical office building and a small hotel within the complex.
Tannos bought the undeveloped land from Clear Creek Community Church last year.