Magnolia Town Center

Planned

Magnolia Town Center is a $1 billion development project planned by Tannos Development Group and Maritia LP on 200 acres in Magnolia, Montgomery County. The project includes a nationally branded luxury hotel with restaurant, bar, and convention space, 250,000 square feet of retail space, 200,000 square feet of medical and office space, 400,000 square feet of mixed-use hospitality and multifamily units, a 350-unit apartment complex, a mid-rise senior living development, single-family homes, pad sites, amenities, and multilevel parking areas. The development will also feature more than 32 acres of dedicated public areas with walking and biking trails, lakes, and a running stream. Construction plans include utility upgrades, multiple road connections with traffic controls, and drainage improvements. The goal is to break ground in the first quarter of 2026, with infrastructure primarily built by Tannos Development Group and buildings developed by third parties.