Parkside purchased 55 acres at the northeast corner of the Grand Parkway and Cypress-Rosehill in February 2016. The expansion of the Grand Parkway connecting US-290 with IH-45 is expected to lead to explosive growth in this area. Cypress-Rosehill is one of only 3 interchanges between US-290 and SH-249 along the new Grand Parkway. Parkside believes Cypress Rosehill is the most obvious retail corner because it intersects the Grand Parkway at a 5 mile distance from both US-290 and SH-249. The retail characteristics of this site coupled with the expected residential growth around the site over the next several years provide what Parkside believes is competitive advantage in the marketplace.