Kingwood’s “downtown,” the four corners bounded by Kingwood Drive and West Lake Houston Parkway, may get some much-needed revitalization.
While two of the four corners have been rejuvenated with the H-E-B Center on one corner and the new CVS Pharmacy on another, two of the corners sport multiple empty buildings.
“The revitalization of the major intersection in Kingwood, West Lake Houston at Kingwood Drive, is important to our neighborhood,” Houston Mayor Pro Tem Dave Martin told The Tribune. “It has a tremendous impact on our property values and our quality of life.”
Martin admits that while he hates to see a great restaurant like Hunan Garden close its doors, he also hates to see two of the four corners of “downtown Kingwood” with rundown, dilapidated retail shops that present a bad image for the Livable Forest.
“We need a revitalization of these shopping centers and we are working hard to present options that enhance our neighborhood and blends with the quality that residents of Kingwood deserve,” he said.
One shopping center, Kings Crossing Shopping Center — known in Kingwood as the old H-E-B shopping center, is being revitalized by SDI Realty Advisors, while another small shopping center adjacent to the new H-E-B center, called Kingwood Docks, is being developed by Lovett Commercial, the same real estate developer that also built the new H-E-B Center.
The Tribune attempted multiple times to speak with representatives at SDI Realty Advisors, Lovett Commercial and Weingarten Realty of Houston, which owns the shopping center that housed Randalls and CVS Pharmacy. No representative responded by press time.
Kings Crossing Shopping Center was unveiled by SDI Founder Charles Shears at the December 2020 Kingwood BizCom.
“We know there is tremendous interest,” said Shears. They acquired the center in March and Shears, back in December, said SDI Realty is in talks with H-E-B which owns the building H-E-B originally occupied.
“We’ll demolish a portion of the center first, then build two new endcaps,” Shears said. At that time. he said that SDI was in discussions with the tenants about relocating them as well as working with them on their leases, their needs and their wants. In addition, Shears said restaurants and new regional tenants would be brought to the revitalized center.
Kings Crossing will be completed by the end of 2021.
However, the future of the empty building H-E-B originally occupied is still unknown. H-E-B has a five-year lease on the empty building, but Shears in December said SDI Realty was in talks with H-E-B about the building.
“The old Kings Crossing Shopping Center has sat mostly dormant since H-E-B left,” Martin said. “The revitalization that SDI Realty will bring to the area will be great for all of Kingwood, bringing new restaurants and retail stores to a shopping center that is an eyesore and 90 percent unoccupied.”
“We’ve worked extremely hard to convince developers to invest in “Downtown Kingwood,” and SDI Realty will bring a new and exciting retail center to this much-needed site,” he said.
Kingwood Docks is a newly constructed retail site located east of Kings Crossing
Drive next to Kingwood Drive and directly east of the Memorial Hermann Convenient Care Center in the new H-E-B Center.
There are no confirmed tenants yet. The development consists of two, 14,000-square-foot buildings featuring unique dock high architecture. The leasing brochure describes Kingwood Docks as suitable for retail, restaurants, offices, medical spaces and coworking spaces.
“I am excited to see the Kingwood Docks development finally nearing completion and working to lease out the spaces,” Martin said.
The shopping center that housed the now-closed Randall’s Grocery, also called Kings Crossing Shopping Center, is still operated by Weingarten Realty of Houston.
“There have been rumors regarding the possible redevelopment of this center,” Martin said, “but nothing serious yet. I hope something happens soon and we can have additional restaurants and retail added to this intersection.