As the Montgomery County area continues to see growth, a series of new development projects are poised to bring more food options to the region.Â
BCS Capital Group, a Houston-based real estate company, has been around for about four years, specializing in retail, mixed-use and industrial development projects, said Ryan Sweeney, a partner of the firm. Since its founding, the firm has development projects across Texas, including areas in Beaumont, Conroe, Katy, Marble Falls, Magnolia, New Caney and Splendora, he said.Â
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This includes four projects in the Montgomery County area, with two potentially bringing more restaurants to Magnolia and Spring.Â
Growth drives demand for more food options
And the demand for businesses to move into the county “is still very strong,” said Jack Burgher, also a partner with the firm.Â
“The reality is that retail, restaurants and grocery stores — it’s all a byproduct of home growth,” Burgher said, noting that the growth in the county has been exponential. “The incomes are so strong in these markets. These residents have disposable income, they have money to go eat out at restaurants and go shopping and utilize other services.”Â
In August, Sweeney had met with Magnolia officials to enter into an agreement with the city to help the firm with its 51 acre site that’s anchored by an H-E-B off FM 1488. The site, which has plans to build a Texas Roadhouse, could potentially bring more restaurants into the community, Sweeney said at the city’s August board meeting.Â
The firm had entered into a 380 agreement with the city shortly after the initial meeting, which is a performance-based agreement that depends on the sales tax generated from the site, Sweeney said.Â
“It’s a mutual benefit to try and bring what the community so desperately wants,” he said. “And that’s more sit-down restaurants. The fact of the matter is, we have quite a bit of public infrastructure work that needs to be constructed in order to accommodate these types of uses. And we, through the coordination with the city, were able to establish a 380 agreement, which incentives BCS to create opportunities for these sit-down restaurants.”Â
Southeast from the site, another is planned to bring restaurants in Birnham Woods. The site is expected to be two proposed buildings on 24 acres with drive-thru opportunities, according to documents provided by the firm.Â
While it’s still early to tell what restaurants will be coming to the area, the firm has been in talks with several sit-down restaurants, Burgher said.Â
Despite growing pains, cities see development
Several cities across the county are dealing with growth issues, with some such as Conroe and Magnolia halting building permits for new residential and commercial projects in hopes to build more infrastructure to meet the demand.Â
And despite the fact, there is still interest from developers to move into the county.Â
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In Magnolia, the city has been under a new building permit moratorium for nearly two years. Since 2022, officials have suspended permit applications with the exception of ongoing projects. This was to address a water capacity shortage caused by growth in the community.
BCS Captiol Group meeting with city officials is proof that the moratorium had not slowed down developer interest, said Magnolia Mayor Matt Dantzer in a previous interview.
“They knew full well that we’re in a moratorium,” said Dantzer said. “But it’s not stopping them from developing.”Â
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