Details
300-400 blocks of Carroll Street — currently Michael's, Dollar Tree, Office Depot, PetSmart, Five Below. Approved for ~600 apartments (5-story 315 units + 7-story 280 units) + 70K SF new retail
Retail
Ulta Beauty planning tenant improvement/build-out at Montgomery Plaza
Context
Historic 1928 Montgomery Ward building, already has 240 condos on upper floors
Source: fortworthprojects.com, ftwtoday.6amcity.com
Details
1-3 BR units + penthouses. 18K SF pool deck, 24-hour fitness, pet spa, concierge. ~10K SF ground-floor retail. Direct access to River Oaks Shopping Center (Kroger-anchored). Announced Aug 2017 by Weingarten, construction began 2018, inherited by Kimco via merger.
This is Kimco's ONLY completed multifamily tower in Texas. Listed on Kimco's corporate Multifamily Portfolio page. Validates the mixed-use densification model at a legacy Weingarten center.
Source: kimcorealty.com/properties/multifamily, REBusiness Online
Details
338K SF, built 1937, one of oldest shopping centers in US. Part of Kimco's Lifestyle Collection (11 flagship centers). Historic River Oaks Theater reopened with local operator. Broader mixed-use redevelopment underway. The Driscoll tower already on site proves the densification concept.
No public filings found for additional phases beyond The Driscoll, but further densification is plausible given site and submarket value. Nearby River Oaks District (NOT Kimco-owned) sold for $450M in March 2024 — demonstrates submarket premium.
Source: culturemap.com, celluloidjunkie.com, reit.com
Details
1.6M SF open-air retail, 16M annual visitors. Acquired by Big V Property Group + Equity Street Capital with Kimco preferred equity. Kimco received $202.4M in loan repayments related to The Rim in Q4 2025.
This is a lending/investment position, not a direct development project
Source: equitystreetcapital.com, globenewswire.com
Details
Two-phase, 100+ acre development. Phase I: 488K SF ($87M), Phase II: 241K SF ($52M). Total ~750K SF across 110 acres
Civil Engineer
BGE, Inc. (creative stormwater design saved $1M, enabling Phase II land purchase)
Notable
BGE's relationship with Kimco on this project is a confirmed consultant connection
Source: businesswire.com, bgeinc.com
Theater Restoration
River Oaks Theatre reopened Oct 2022 after 3-year closure. Kimco signed Star Cinema Grill (Culinary Khancepts/Omar Khan) to operate
Historical Opposition
2006-2007 preservation fight (25K+ petition signatures against Barnes & Noble demolition plan). The River Oaks area has organized, vocal preservation advocates
30-Story Tower
Weingarten had 2018 plans for a 30-story residential tower on the Laff Stop site. Status under Kimco unknown
Sensitivity
This property has community significance well beyond its GLA. Any redevelopment will draw public attention
Details
New retail at Center at Baybrook complex. EoS Fitness signed 53,829 SF (backfilling former Bed Bath & Beyond, opened 2025). Kura Sushi (3,848 SF), Wild Fork (4,700 SF) signed 2022. Colliers + Kimco internal (Christi Vinzant) handle leasing.
Source: REBusiness Online
Details
357K SF within the 700-acre Mueller Airport redevelopment. Other developers (Ryan Cos., AMLI Residential) have built substantial multifamily within Mueller. Natural context for Kimco to pursue residential densification at their retail asset.
Redevelopment
$250M-$300M across portfolio (10-K)
Acquisitions
$300M-$500M
Dispositions
$400M-$600M
Source: catellus.com, muelleraustin.com