Red Hill Ventures is moving forward with Pinemoor Magnolia, a planned mixed-use community that combines for-sale homes, multifamily housing and a significant retail component. The project is designed to feature 216 single-family homes alongside an apartment community expected to include between 250 and 300 units, supported by a substantial new retail offering.
The retail plan for Pinemoor Magnolia currently calls for between 100,000 and 150,000 square feet of space. Within that 14-acre retail portion of the project, Red Hill Ventures is reported to be in advanced discussions with a grocery brand to anchor the site. Those conversations are underway as planning continues for the broader mix of residential and commercial uses at the property.
Beyond the grocery-anchored retail area, there has been interest from commercial developers in an additional 5-acre site located across from the potential grocery location, according to reporting from The Houston Business Journal. That expression of interest suggests that the commercial footprint surrounding Pinemoor Magnolia could expand, with other parties evaluating opportunities near the planned retail hub.
Residential components are being paired with community-oriented amenities. Plans for Pinemoor Magnolia include lakes, parks and playgrounds, along with walking trails intended to connect different parts of the community. A covered pavilion with a picnic area is also planned, providing a shared gathering space for residents and visitors within the development.
On the retail side, Red Hill Ventures expects to close on all of the retail sites associated with the project within the next 12 to 18 months. The company's current sequencing calls for the apartment development, which is planned on the remaining 21 acres, to begin after those retail site transactions are completed. While the multifamily component is part of the overall vision for Pinemoor Magnolia, Red Hill Ventures has not yet selected a multifamily developer to take on that phase of the project.
As planning continues, the project's structure is defined by a phased approach: advancing retail commitments and site closings first, while keeping the larger residential strategy in place for subsequent execution. The interplay between single-family homes, apartments, grocery-anchored retail and community amenities is intended to create an integrated environment once all pieces of the plan are in place, with full details on commercial tenants and multifamily partners still to be determined.
