Greenview Development is no stranger to Manor, having recently received approval from the town to build phase III of Manor Commons. This $71 million project could bring hundreds of thousands of square feet in stores, restaurants and hotel space to the area.
The 47-acre greenfield site for this new development is located 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’s expected that this new phase will increase Manor’s tax base by approximately $105 million across property taxes, hotel taxes and sales taxes while creating 670 jobs in total for local residents . The city has also agreed on providing up to $9 million in sales and property tax rebates over a 15-year period once a certificate of occupancy is issued for the development . Across US Route 290 lies another major project -Manor Crossing – which includes 600 rental units as well as up 425000 square feet commercial space when completed .
A retail development worth an estimated 71 Million dollars has been planned for Manor , bringing forth potential economic growth through increased taxation revenue , job creation opportunities along with additional commercial spaces within its vicinity
