BROOKSHIRE, Texas (Covering Katy News) \u2014 Construction has begun on a centerpiece section of Texas Heritage Marketplace, a sprawling $400 million shopping and dining development just west of Katy that will be the largest retail project in Waller County.<\/p>\n
Developer NewQuest broke ground on the multi-tenant phase of the project, which features a five-acre park called Heritage Grove surrounded by restaurants, fitness and spa businesses, and space for four mid-size retailers.<\/p>\n
When complete, Texas Heritage Marketplace will cover 165 acres along Interstate 10 \u2014 the largest development site along that corridor in the Katy area.<\/p>\n
“As it stands, Waller and surrounding rural counties have been unserved by major retailers,” said Austin Alvis, president and chief development officer for Houston-based NewQuest. “Texas Heritage Marketplace will fill in that gap.”<\/p>\n
<\/p>\n
NewQuest expects to open roughly 101,000 square feet of retail space in early 2027, including locations for Academy Sports + Outdoors, Burlington, Spec’s Fine Wines & Spirits and Ulta Beauty. An EoS Fitness location will also open at that time.<\/p>\n
Three large anchor stores \u2014 Lowe’s, Target and an unnamed wholesale club \u2014 are already under construction and are expected to begin opening in September. A Chase Bank, Whataburger and several other businesses are also in various stages of construction on the site.<\/p>\n
The development team said more than 90% of the project has been leased in roughly 18 months.<\/p>\n
Texas Heritage Marketplace sits at the entrance to several large master-planned communities familiar to Katy-area residents, including Jordan Ranch, Tamarron, Willow Creek Farms and Cross Creek Ranch, where the average home price is $522,248.<\/p>\n
The site offers nearly 2,900 feet of frontage along Interstate 10 and about 2,200 feet along Texas Heritage Parkway. The Texas Department of Transportation is designing new I-10 on- and off-ramps to serve the development.<\/p>\n
Analysts project the anchor stores alone will draw four million visitors per year, with the full development expected to attract more than nine million customers annually.<\/p>\n
Plans also call for a medical office building of up to 70,000 square feet and 550 apartments.<\/p>\n","protected":false},"excerpt":{"rendered":"BROOKSHIRE, Texas (Covering Katy News) \u2014 Construction has begun on a centerpiece section of Texas Heritage Marketplace, a…\n","protected":false},"author":2,"featured_media":238158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[43901,110,437,808,27,29,28],"class_list":{"0":"post-238157","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-texas","8":"tag-dennis-spellman","9":"tag-development","10":"tag-economic-development","11":"tag-shopping","12":"tag-texas","13":"tag-texas-headlines","14":"tag-texas-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/238157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=238157"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/238157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/238158"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=238157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=238157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=238157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}