The brief
- Long-standing staples like Schilleci’s New Orleans Kitchen and Uni Sushi have shuttered their Market Street doors after 15 years, signaling a major shift in the development’s tenant base.
- Former tenants and residents say the Market Street is intentionally pivoting away from local, service-based businesses to make room for high-end global brands, like Gucci and David Yurman.
- Residents fear the rising costs and the influx of elite developments, like the upcoming Ritz-Carlton, are stripping The Woodlands of the “mom-and-pop” culture that built the community.
THE WOODLANDS, Texas – For nearly two decades, Market Street has served as a hub in The Woodlands. But in 2026, a wave of closures of long-standing local staples is sparking a conversation about whether the development is losing its community soul in favor of high-end luxury.
Woodlands Market street closures
The backstory:
While the shopping destination is seeing a surge of global luxury brands like Gucci and David Yurman, the local businesses that helped build the center’s reputation are heading for the exits.
Trademark Property Company, the management firm behind Market Street, has characterized the current changes as a deliberate “evolution.” According to company statements from a December 3, 2025, press release, the goal is to “refine the mix” by bringing in premier lifestyle brands to drive the property’s continued success.…