HOUSTON, Texas (KTRK) — The Greenspoint Mall site will be leveled and transformed into a $150 million industrial park, developers announced on Tuesday.
Lincoln, in association with New York Life Investment Management, announced the acquisition of the mall site and showcased plans for CityNorth Industrial Park. According to developers, the park will be located at 12300 North Freeway on the northeast corner of I-45 and Beltway 8.
“Greenspoint Mall was an important part of North Houston for nearly five decades, and its redevelopment represents a defining opportunity for the area,” said Kevin Wyatt, Executive Vice President for Lincoln. “CityNorth Industrial Park will return a prominent property to productive use and support the continued growth of the Greenspoint community.”
The $150 million project will create 300 construction jobs and 1,200 permanent jobs in the coming years, according to developers, and include a business retail space.
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“As a longtime Houston resident, I have witnessed both the proud days of Greenspoint Mall and the unfortunate neglect the mall and the Greenspoint community have suffered for too long,” said Houston Mayor John Whitmire. “I have worked hard with Lincoln and other stakeholders to make Greenspoint and, by extension, the Aldine ISD community regain its once proud stature with the redevelopment that will bring us the CityNorth Industrial Park. This redevelopment will create new jobs, attract businesses, and improve the quality of life in Greenspoint. Combined with the upcoming Houston Police North Belt Station and the Fire Department’s Station 84, the CityNorth Industrial Park is one more example that Houston is going in the right direction.”
According to developers, the demolition of the mall is expected to begin in October of this year, with the first phase scheduled to be finished in the first quarter of 2028.
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