Located at the intersection of U.S. Highway 59 South and the future Grand Parkway in Porter, the Valley Ranch Town Center is “the largest retail development in the greater Houston area,” said Danny Signorelli, founder and principal of The Signorelli Company.
Leadership and Teamwork, is “what makes a town center. Instead of being a small shopping center with a grocery store. That’s what makes a true life style center” here in East Montgomery County – “Our shopping experience will rival anything in the greater Houston area, in fact, the center we are developing here today is the largest retail development in the greater Houston area, and 7 surrounding counties, not the largest by a little bit, but over two times larger – all that happens because of the team.”
The 240-acre Valley Ranch Town Center, situated within the 1,400-acre master-planned community of Valley Ranch, is projected to include 1.8 million square feet of retail, plus a 10,000-seat amphitheater, the 8,500-seat Texan Drive Stadium at New Caney ISD (opened September, 2014), a multi-attraction cinema, and 1,000 multi-family residences.
The Town Center is set to include everything from a Kroger Marketplace, our grocery anchor, to a large Sam’s Club, boutique stores, a full slate of restaurants, banks, fitness facilities, and entertainment attractions — any convenience that you can imagine,” said Signorelli.
The East Montgomery County Improvement District (EMCID) has partnered with the developer with a commitment to create an economic zone and capture these newly generated sales tax dollars to reinvest, assuring that the highest quality and maximum level of development can be achieved in Valley Ranch. With this success, EMCID will be able to expand its ability to influence jobs and make a positive impact on how the greater EMCID boundary develops out.
Frank McCrady, president and CEO of the East Montgomery County Improvement District said “There were a lot of challenges along the way, the process took a team effort between us, the county commissioners, the school district, Danny (The Signorelli Company), and numerous others to make this all fit together to provide job opportunities for the future.”
McCrady continued “You may not be aware, but the the first round of sales tax that comes through the district, up to 2 million dollars goes directly to education, into the East Montgomery County scholarship foundation. so it’s a huge donation into our scholarship”
The first phase of the development is expected to open in the first quarter of 2016.