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P.O. Box 58448
Nassau Bay, TX 77258
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Griffin Properties Commercial Area Redevelopment

Following years of declining property values in the commercial areas around City Hall, we are working with new ownership of the 27 acres and 12 office buildings to enhance the community and provide better shopping opportunities for our City. Eleven of the buildings are shown in blue on the following image. The other building is at 1275 Space Park

Griffin Partners is planning a significant mixed-use development that involves retail, new office buildings, a public plaza, multi-family residential, and a hotel.

Larger view of the images

The new projects are being prepared for the City as a Planned Unit Development (PUD). The PUD ensures a quality project with consistent architectural themes throughout the development. Griffin has produced some preliminary plans that reflect the general character of this exciting new development.

City Manager John Kennedy describes the new development concept

As the old buildings come down and new ones are constructed, the value of the Griffin Properties is expected to increase exponentially. This new development will have a significant and positive impact on the City’s commercial property value. The built-out value is expected to be in excess of $150 million. There will be ample green and public spaces in the development.