The upcoming 120-acre Flyway Webster destination development south of Houston has nieghbors moving in.
A 5-acre tract to the north of the new development that overlooks the Gulf Freeway is set to develop a restaurant and shopping center, according to the Houston Business Journal. The future Fairway Plaza will go up between a Rudy’s Country Store and Bar-B-Q, an Academy Sports & Outdoors and a Topgolf to the south of the NASA Bypass. This area has seen heightened real estate activity since Flyway Webster started construction.
An undisclosed restaurateur that owns several Smoothie King and Walk-On’s Sports Bistreaux franchises, purchased the property in August 2021 from Houston-based Pappas Restaurants Inc., according to Kevin Sims of NewQuest, the firm marketing the project for preleasing.
The company plans to build a restaurant on the east side with a 15,000-square-foot retail building on the west side facing the freeway, Sims said.
While plans have not been finalized, Sims said it is likely to be a one-story building with one or more retail and restaurant tenants. He did not provide a construction timeline, though he did tell HBJ that there’s substantial tenant interest in the location.
“We’re focused on national tenants right now, national branded tenants,” he said. “But this project would be perfect for any number of restaurant concepts, retailers, even medical-type retail, destination or entertainment users.”
The Flyway Webster project suffered a pandemic-induced setback, but it is well underway now. The 1.6 million square feet Medistar development will include a signature hotel, an outdoor concert venue, bars, restaurants and retail space.
Since buying the land from Exxon in 2016, Medistar has been working with the city of Webster on developing the site. The original opening date was set for 2021, but that has been pushed back to 2024.
Though infrastructure work, including for streets, has been underway for more than a year, vertical development isn’t expected to start until later this year. Supply chain issues could further delay the project.
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— Maddy Sperling