Lake Houston - Humble - Kingwood | March 2020

LAKEHOUSTON HUMBLE KINGWOODEDITION

VOLUME 4, ISSUE 11  MARCH 2APRIL 5, 2020

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Multiple local agencies are considering a partnership to acquire an in-progress development in southeast Montgomery County that has been accused of causing ooding in Kingwood neighborhoods. Last year the Lake Houston area was hit with heavy rainstorms May 7-9 and by Tropical Storm Imelda on Sept. 19. During both events, hundreds of homes in north Kingwood neighborhoods ooded—with many homeowners blaming the Woodridge Village devel- opment located on the boundary between Harris and Montgomery counties. Preliminary drawings for the 268-acre develop- ment showed more than 800 residential lots planned, according to plat information from the Montgomery County engineer’s oce. The neighborhood of Elm Grove Village reportedly did not ood in any other rain event in recent decades until development began just north of the commu- nity, said Beth Guide, a director of the Elm Grove Harris County considers acquiring property in Montgomery County to reduce ooding in Kingwood BY KELLY SCHAFLER

Negotiating a deal Figure Four Partners, a subsidiary of Perry Homes, has oered to let government partners purchase Woodridge Village, a 268-acre development that Kingwood residents allege caused ooding in their communities, such as Elm Grove Village.

Woodridge Village development

Elm Grove Village

Montgomery County

Woodridge Village development

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DeerbrookMall invests in its future

Retail occupancy ON THE RISE The Far North’s retail occupancy lagged behind others in recent years but caught up after a spike in 2019. Northeast EAST OF HWY. 59 AND INCLUDES KINGWOOD AND ATASCOCITA Houston Far North WEST OF HWY. 59 AND INCLUDES THE DEERBROOK MALL

BY KELLY SCHAFLER

major anchor stores, in April. Despite this, Limontes said he hopes to curb the “Amazon eect,” which describes the trend of shoppers buy- ing more items online, with the mall’s modern renovations and new tenants. Mark Mitchell, the president of the Lake Houston Economic Development Partnership, said he believes malls that are well-managed can drive job creation and economic vibrancy and CONTINUED ON 27

Last year, Deerbook Mall received its rst major renovation since 2003 and brought in a slew of new retailers and eateries to refresh the mall. Deerbrook Mall faced several clo- sures last year, such as the Gap and A’Gaci in August, but it has since lled those spots and now operates at near- full capacity, said Carlos Limontes, the general manager of the mall. The mall will also soon lose Sears, one of its

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SOURCE: CBRECOMMUNITY IMPACT NEWSPAPER

KELLY SCHAFLERCOMMUNITY IMPACT NEWSPAPER

communityimpact.com

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