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A new 188-acre shopping and retail center called Marketplace is coming soon to Valley Ranch, a 1,400-acre master-planned community in New Caney. Set to begin construction in 2026, the shopping center will include 850,000 square feet of retail space. Signorelli is developing Valley Ranch, just north of Houston.

Marketplace is designed to be a walkable shopping center with outdoor seating at restaurants and a mix of national retailers and local shops. It will be located along Valley Ranch Parkway south of the Grand Parkway and north of Olympic Forest Drive. Tenant discussions for Marketplace have already begun. A big-box retail building is slated to be constructed first, followed by the Village Green areas and finally pad sites.