Developer NewQuest has announced that a new 148,000-square-foot Target store at Texas Heritage Marketplace is scheduled to open on October 11. The big-box retailer will be one of several major anchors at the planned 800,000-square-foot retail center, which NewQuest describes as a significant investment of more than $400 million. Target will be part of an initial wave of openings that are designed to establish the project as a regional shopping destination.
NewQuest plans to position Target alongside other national brands to create a strong anchor lineup for Texas Heritage Marketplace. A Lowe’s home improvement store and a Sam’s Club warehouse store are slated to join Target as additional anchor tenants, helping to drive consistent traffic to the broader property. According to the developer, the center is already close to 95% pre-leased, reflecting retailer interest in the project ahead of its full build-out.
Reporting from the Houston Business Journal notes that earlier this year NewQuest broke ground on the shopping center’s multitenant retail component. That phase will introduce 100,021 square feet of junior anchor space, supported by 35,000 square feet of space targeted to restaurant, spa, and fitness users. Plans also call for approximately 5 acres of green space within the development, to be known as Heritage Grove, which is intended to serve as an open-air amenity and gathering area within the project.
The junior anchor lineup at Texas Heritage Marketplace is led by several national chains. Commitments include a 51,068-square-foot Academy Sports and Outdoors and a 22,147-square-foot Burlington store. In the fitness category, a 40,000-square-foot EoS Fitness is expected to deliver in the first quarter of 2027, adding a daily-use component that supports both weekday and weekend traffic for surrounding retailers. These tenants contribute to the project’s high pre-leasing level as construction continues.
On the construction side, Arch-Con Corp. serves as the general contractor for the multitenant retail buildings and associated site work. Architecture firm AO has been engaged as the project architect, overseeing design for the center’s retail elements and public spaces. Beyond the retail and green space, the master plan for Texas Heritage Marketplace also calls for two multifamily communities and a medical office building within the overall development. These additional components are expected to diversify the property’s user base and support the retail program over time.
