The Signorelli Company Signs Sam's Club as Anchor for Valley Ranch Town Center
THE WOODLANDS, TX – (March 27, 2015) – The Signorelli Company, one of the largest real estate developers in Texas, has announced that Sam’s Club, a leading membership warehouse club, has signed on as the first anchor store for Valley Ranch Town Center, a new retail district inside the master-planned community of Valley Ranch. This 1,400-acre community is ideally situated at the intersection of US 59 and the Grand Parkway just north of Kingwood.
“We are excited to welcome our first major anchor to Valley Ranch Town Center, a 240-acre district that will encompass 1.5 million square feet of retail,” said Danny Signorelli, President and CEO of The Signorelli Company. “With paving of the Grand Parkway frontage roads now completed, development and leasing are well underway. In addition to Sam’s Club, we plan to sign a popular grocery store chain along with other major ‘big box’ retailers and smaller shops, a selection of restaurants, a multi-attraction cinema, and a 10,000-seat amphitheater. The retail district will be bordered by a 135-acre park called Town Grove, a natural gathering place for residents and visitors.”
Also part of Town Center is Texan Drive Stadium, a state-of-the-art New Caney ISD football stadium that opened last September.
“Valley Ranch Town Center is at the epicenter of a market that is rapidly emerging in northeast Houston,” Signorelli said. “It is a very advantageous location for retail development and leasing. It will also provide an added attraction to homebuyers desiring shopping, dining and entertainment close to home.”
New homes in a variety of price ranges are also being added in the new Azalea District of Valley Ranch, along with several new parks and greenspaces throughout the wooded community. At final completion, Valley Ranch is planned to include approximately 2,500 homes and townhomes and 1,000 multi-family residences.
Valley Ranch is strategically located within minutes of Bush Intercontinental Airport, Houston’s Central Business District, The Galleria/Uptown, The Woodlands, and minutes from ExxonMobil’s new 385-acre campus in Spring – making it one of the closest commutes of all of the recently announced master-planned communities.
For more information about Valley Ranch, visit www.valley-ranch.com.
About The Signorelli Company:
For more than two decades, The Signorelli Company, founded by Danny Signorelli, has developed and built the finest places where families can live, work, shop and play. Diversified in all aspects of real estate, from single-family and multi-family to retail, commercial and mixed-use projects, The Signorelli Company is recognized as a leader in Houston, and is one of the largest privately held development companies in the State of Texas. The company is headquartered in The Woodlands, TX. For more information about The Signorelli Company, visit www.signorellicompany.com.
About Sam’s Club:
Sam’s Club®, a division of Wal-Mart Stores, Inc. (NYSE: WMT), is a leading membership warehouse club offering savings and services to millions of members in 647 clubs in the U.S. and Puerto Rico. For more information, visit www.samsclub.com.