The Global Shenandoah project is a 8.0909 acre mixed use project located north of Houston, Texas in the city of Shenandoah. The property is located along the southbound Interstate 45 access lane approximately midway between Highway 242 and Research Forest Drive. There is approximate 350 linear feet of frontage along the I-45 access lane. Access to the property is from entrances onto the access lane. The property also has access to all major utilities including power, water and sewer.
Shenandoah is a small city well positioned in the path of growth and almost entirely surrounded by the highly acclaimed master planned community of the Woodlands. The Woodlands has a population of approximately 95,000 and is home to numerous major oil service companies and other industries.
Exxon Mobil is developing a new 360 acre North American corporate campus off of Interstate 45 on the southern border of the Woodlands approximately 4 miles directly south of the Global site. There are two general hospitals within ½ mile of the project and three rehabilitation hospitals within walking distance.
The development plan for the project includes a mix of retail, restaurant, hotel and medical office. Global has negotiated the ground lease of two pads for restaurant and retail uses and is negotiating the joint venture of a hotel on a portion of the property. It is intended that the balance of the property will be used for a restaurant and medical office uses.