Nassau Bay Town Square
Nassau Bay Town Square is being developed by Griffin Partners Nassau Bay, LP
, a Houston-based real estate development firm. The proposed project is a 31-acre mixed-use development which at build out will include three new office buildings, a new 300 plus luxury multi-family project, and a 176 room Marriott Hotel, numerous retail shops and a conference center, all totaling approximately $150 million in new investment in Nassau Bay.
The Nassau Bay Town Square is located at the intersection of NASA Parkway and Saturn Lane, directly across from the entrance to the Johnson Space Center.
In 2008, the Griffin Partners demolished 10 low-rise, 1960s-era office buildings. This clearing of the site allowed for the development of the luxury multi-family to move forward. These apartments (Voyager at Space Center
) are scheduled for completion in Spring 2010. Griffin Partners broke ground on the first phase of retail in January 2010 and will be completed with the shell by the end of May 2010.
The demolition and clearing of 31 acres of functionally and environmentally obsolete buildings has greatly improved the development viability of this critical commercial core for Nassau Bay. Additionally, the addition of new retail will provide residents with new and varied shopping and dining opportunities. The added tax value of this project will be a catalyst for future redevelopment in the City’s commercial area.