The Marketplace at Magnolia Green is located about a half mile west of Gateway Center, at the intersection of Hull Street Road and Magnolia Market Avenue and will be the commercial centerpiece of the community as it is truly walkable from over 500 existing homes and apartments and readily bikeable from everyone living in Magnolia Green. The primary access road, Magnolia Market Avenue, will be a beautifully landscaped, four lane, divided roadway that connects Hull Street Road with Magnolia Green Parkway. The northern portion of the roadway, from Magnolia Green parkway down to Magnolia Fields Lane, is complete, and the remaining section down to Hull Street Road is under construction. A traffic signal will be constructed at Hull Street Road once signal warrants have been met.
The Marketplace is comprised of four separate parcels totaling approximately 90 acres, including the following:
- Magnolia Academy Children’s Center is a new child development center located at the southwest corner of Magnolia Green Parkway and Magnolia Market avenue. The center occupies 4 acres and is under construction, with a grand opening slated for late fall 2021. The access to the center will be via Magnolia Fields lane.
- Visit Magnolia Academy Children’s Center
- Parcel 7 is adjacent to the daycare facility and totals approximately 14 acres. The wooded parcel extends southward to the northern right-of-way of the future east-west collector road. The parcel fronts Magnolia Market Avenue and will share the Magnolia Fields Lane access with the daycare facility, with a second access planned off the east-west collector road. Sewer is available at the northeast corner of the site, and water is stubbed out at the end of Magnolia Fields Lane. This parcel is primed for development.
- Parcel 6 is located in the southwest corner of the Marketplace, with frontage on both Hull Street Road and Magnolia Market Avenue. Primary access to the 21-acre parcel will be off of Magnolia Market avenue, with a secondary access off of the east-west collector road. Water is currently available along Magnolia Market Avenue, but the sewer outfall will need to be extended. In addition, this parcel is dependent upon Magnolia Market Avenue being completed down to Hull Street Road.
- Parcel 5 is the largest of the four parcels at 46 acres and is located in the southeast corner of the Marketplace, with frontage on both Hull Street Road and Magnolia Market Avenue. Primary access to the wooded parcel will be off Magnolia Market Avenue, with a second major access off of Hull Street Road, and a third, secondary access off of Magnolia Fields Lane, which also serves the Glenmoor Oaks apartment project. Water is currently available along Magnolia Market Avenue, but the sewer outfall will need to be extended. In addition, this parcel is dependent upon Magnolia Market Avenue being completed down to Hull Street Road.
The Marketplace is zoned for commercial uses, but multi-family residential is also permitted subject to certain limitations. iStar recently developed a conceptual master plan for the project that includes the following, all of which are subject to change:
- 4-story condominiums in Parcel 7 totaling 216 units
- Class A office park with a lake in Parcel 6
- Mixed use in Parcel 5 with stand-alone retail, dining and/or entertainment, apartments/condos over retail, and a village green area
If you’re interested in any or all of the Marketplace parcels, please email Tom Page at tpage@istar.com for more information.
Other terms may apply, offer subject to availability and may change. This is not an offer to sell, but is intended for information only. The developer reserves the right to make modifications in materials, specifications, plans, designs, scheduling and delivery of the homes without prior notice. Pricing is subject to change without prior notice and upon the Seller’s sole discretion. Investment opportunities are limited. Equal Housing Opportunity.
