KLEINGATE COMMERCIAL CENTER
Raj Development Corporation will provide an in-neighborhood retail outlet for the residents of MUD 180 with the development of the Kleingate Commercial Center.
PROJECT NAME
Kleingate Commercial Center
LOCATION
Northwest Houston / Harris County
MARKET SEGMENT
Commercial Retail Center
VALUATION
Approximately $18 million
TOTAL AREA
8.4 Acres
TOTAL BUILT SQ FT
101,000 Sq Ft
CURRENT STATUS
Under Design, Development pending infrastructure enhancement
DEVELOPMENT SERVING THE COMMUNITY
Kleingate Shopping Center is being developed concurrently with our townhome and multifamily developments, and will provide requisite and desirable services and shopping to the people that live within the community. By introducing developments capable of supporting commercial activity RDC will make the community more desirable, and resultantly be able to command a higher value for neighboring developments.
INVESTMENT RETURN COMMUNITY VALUE
With the completion of this shopping center RDC will bring the stability of a retail tax base to MUD 180, which will enable the continued maintenance and improvement of the community. As another source of long term revenue generation this project will further enhance the returns of RDC’s MUD 180 portfolio.
