“Planned $71M Retail Development Coming to Manor, TX”

"Planned $71M Retail Development Coming to Manor, TX"

Greenview Development is no stranger to Manor, having recently received approval from the town to build phase III of Manor Commons. This $71 million development could bring hundreds of thousands of square feet in stores, restaurants and hotel space to the area.

The new phase will be located on a 47-acre greenfield site at the northeast corner of Farm to Market Road 973 and U.S. Route 290 with preliminary site work estimated at 18-24 months before vertical construction begins. At full buildout, it is expected that this project will grow Manor’s tax base by about $105 million across property taxes, hotel taxes and sales taxes while creating 670 jobs for local residents as well as providing up to $9 million in sales and property tax rebates over a 15-year period once a certificate of occupancy has been issued . Across US Route 290 lies another development called Manor Crossing which includes 600 rental units along with 425,000 square feet dedicated for commercial use .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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