CYPRESS, TEXAS — The Howard Hughes Corp., along with Bridgeland and The Woodlands Development Co., have begun construction on Lakeland Village Center, in which CVS/pharmacy will be the anchor retail tenant. Lakeland Village Center is the first commercial development in Bridgeland, a master-planned community in Cypress. Set on 20 acres along Fry Road, Phase I of Lakeland Village Center will include 84,000 square feet of retail, restaurants, and professional and medical offices. The center will also feature landscaping, views of two bordering lakes and sidewalks. The contractor for the project is VCC LLC. Completion of Phase I is slated for spring 2016. Lakeland Village Center is within walking distance of Lakeland Heights, a traditional neighborhood development in Bridgeland. The 15,300-square-foot CVS/pharmacy will feature a drive-thru pharmacy, along with health, beauty and personal care products. Construction is expected to begin in mid-July, and the store is scheduled to open in early 2016. Genesis Design Group is the architect for CVS/pharmacy. Rip Reynolds of The Howard Hughes Corp. and the J. Beard Real Estate Co. represented Bridgeland in the lease transaction.
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