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cla

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Everything posted by cla

  1. Most of the apartments going up in Katy are high-end luxury apts. The demand is high for housing in Katy and not everyone wants to buy a home.
  2. It is no longer being marketed as a mall, but as a mixed-use site... http://verdeparc.com/ http://impactnews.com/houston-metro/katy/new-life-imagined-for-property-at-i-10-and-the-grand-parkway/
  3. This must be the place... http://thegrowlerspot.com/ https://www.facebook.com/TheGrowlerSpot/
  4. There is a connector for it on the flyover from 99 south to 1093 east. The Westpark Tollway expansion will add a ramp from 1093 east to 99 north. http://www.fortbendstar.com/2013/01/02/construction-starts-this-year-on-fm-1093westpark-tollway-extension/
  5. Noticed this morning that the southbound overpass at 1093 and 99 was open. The northbound overpass is set to open tomorrow. http://impactnews.com/houston-metro/sugar-land--missouri-city/construction-wraps-on-segment-d-of-the-grand-parkway/
  6. Roche contractors was awarded the contract and expects a finish date of September 2014. Note that this announcement as well as the construction plans locate the store in "Cinco Ranch" - I suppose because it is the most well-known nearby community. http://www.rocheconstructors.com/dyn/news_singleArticle.cfm?id=135
  7. I know that segments F and G were financed with 2.6 billion in bonds last summer, so I assume this 1 billion is for some or all of segments H and/or I.
  8. http://www.lacenterra.com/files/337/download/ Nothing specific noted on the site plans other than retail/office and apts. Looks like there is a Phase 4 which includes office and retail space and and unnamed phase of apts
  9. That is a few years old. I don't think the area developed as quickly as they thought it would. I do know that tract 2 (SW corner of Bellaire and 99) was sold a couple of years ago. According to fbcad, Tract 12 is still owned by Parkway Lakes. I did find this on loopnet... http://www.loopnet.com/Listing/17646462/Peek-Road-Westpark-Tollway-Richmond-TX/#
  10. Nice profile pic! Sams Club confirmation below... http://coveringkaty.com/2013/10/01/sams-club-open-katy-costco/
  11. It is listed for sale http://srsre.com/properties/1025-highway-6-north-houston-tx-77079 apparently, the new Sams at Westheimer and Eldridge is a replacement for this location. http://www.bizjournals.com/houston/morning_call/2013/09/new-sams-club-to-open-thursday.html
  12. The sign at Seven Meadows has said for a while now that a medical office building was going up there. I hope you didn't move out here expecting the undeveloped areas to stay that way. Eventually every square in of land along 1093 and 99 will be developed (as long as the residential devlelopment continues along those routes.
  13. We heard about Trader Joe's coming to Katy - another forum had this link... http://www.houstonchronicle.com/business/article/Trader-Joe-s-to-open-store-in-Katy-area-next-year-4784939.php Katy residents who want dried chile-spiced mango or a jar of cookie butter will have a shorter shopping trip next year. Specialty grocer Trader Joe's, known for its quirky offerings, will open its fourth Houston-area store in the Cinco Ranch area sometime in 2014. The store will be at 2643 Commercial Center Blvd., company spokeswoman Alison Mochizuki said. "Cinco Ranch is a wonderful community, filled with foodies - it's a great fit for Trader Joe's," she said. The Monrovia, Calif.-based specialty grocer arrived in Houston last year, and the company currently has locations in The Woodlands, Montrose and Memorial areas. Trader Joe's offers gourmet and organic products, often value-priced. Products range from a wasabi seaweed snack to staples such as milk and eggs. About 80 percent of the store's products are private label. The Cinco Ranch store will be 12,500 square feet. Trader Joe's is a "well- managed company," has no debt and is "unique" in its offerings, said David Livingston, an analyst at Waukesha, Wis.-based DJL Research. The company is among the industry leaders in generating sales per square foot, he said. It typically places its stores in high-density areas with higher-income residents. An H-E-B has been in Cinco Ranch for a few years, and Kroger and Whole Foods have opened stores in the high-growth area within the past year or so. Trader Joe's has almost 400 stores in 35 states.
  14. The Spec's at 1093 and Spring Green is finally open. Had a small section of food products in addition to the beverages. The aisles are spaced pretty far apart, so it looks like they could expand their product line in the future. I also heard that the owners of DaVinci's are opening up another italian restaurant (different name I think) at Westheimer Lakes North. Speaking of WLN, I saw a site plan showing a Wendy's at the strip mall being built at the corner of Fry and 1463, and I did see a drive through window on the Fry end of the building. I don't know if this Wendy's is in addition to, or in place of, the one that was planned at Firethorne. Behind the new Wendy's at Fry, an auto repair shop is also under construction.
  15. Luby's bought that land about the same time the senior apts were being developed - that was quite a while ago, it seems. Yep, they owned that land as far back as 2008. http://www.houstonarchitecture.com/haif/topic/18440-lubys/?hl=luby
  16. There probably aren't that many people on this forum that use the park and ride from Katy, and of those that do, they probably don't come on this forum that often. You would probably have a better chance if you posted on http://www.city-data.com/forum/houston/
  17. Also, Kickerillo bought a large piece of property north of the proposed mall and began marketing an upscale neighborhood. Now both that land and the proposed mall property is being marketed for sale by Page Partners
  18. That has been there since the late 90's I believe. It was being developed as an outlet mall at the same time that Katy Mills mall was being planned. The developers of katy mills (I am assuming Simon) bought out the other. Around 2006/2007 or so Simon started marketing the Grand (first to open in 2009, then 2011 and 2012), but it never came to fruition. Found this old story on bizjournals: Katy Mills becomes lone survivor in war for the west Developers drop plans for Premium Outlet Mall to accept buyout offer Laura ElderAnd then there was one. After more than a year of battling it out over Katy mall territory, Arlington, Va.-based The Mills Corp. finally prevailed by paying off rival developers Indianapolis-based Simon Property Group along with New Jersey-based Chelsea GCA Realty Inc., to back out of its deal to build an outlet shopping center -- Premium Outlet Mall -- near the Mills project. Tired of verbal competition and litigation costs, Mills and Simon will co-develop a master-planned retail, office and hotel complex on the site. And after the buyout, Chelsea will be completely out of the picture. Mills is apparently taking a bygones approach to the entire deal. "It also enables us to join our partners at Simon to develop an attractive site at I-10 and Grand Parkway for complementary uses. We achieve critical mass at a great growth location for a very attractive price," says of Mills CEO Laurence C. Siegal. Mills also will pay $9.2 million to buy Chelsea's half-ownership in the 150 acres site where it proposed to build the mall. Simon Property and Chelsea had plans to build Houston Premium Outlet Center at the northeast corner of Interstate 10 and the Grand Parkway. Last year, rivalry between Mills and Chelsea GCA intensified when the two companies announced they would develop outlet malls in Katy. And at one point, another mall project in the vicinity was announced, only to be scrapped by developers. Under terms laid out this week, Simon and Chelsea GCA will terminate its development of the Houston Premium Outlets, a planned-value shopping center, located just two miles from Katy Mills, a project that Mills has already begun. Burying the Houston PremiumOutlet mall is going to cost Mills Corp. Under the agreement, Mills will pay Chelsea $21.4 million (including interest) over a four-year period, as well as immediate reimbursement for its share of land costs, development costs and fees to the related project. Siegal says the buyout and the resulting partnership with Simon is well worth the expense. "This expenditure represents only seven percent of the total cost of the Katy Mills project," he says. Katy Mills development will cost the company $250 million. The 1.4 million-square-foot project will sit on 640 acres in Katy and is expected to open November of next year. Mills' project also includes some 400 acres of peripheal development that could include a golf course, hotels, restaurants, office, entertainment and other facilities. As a part of its agreement to sell its partnership interest in the Houston site, Chelsea agreed to certain restrictions on competing in the Houston market through the year 2002. The lawsuit filed earlier this year by Mills Corp. to block the Simon Property Group and Chelsea GCA claimed Simon had agreed not to build competing malls in the same market without first offering Mills a 50 percent stake in the development. Although both malls publicly contended their concepts were quite different, the companies now agree that all parties were working on an identical development, consisting of big-name, off-price retailers. Already, stores including Bass Pro Outdoor World, Off Rodeo Drive Beverly Hills, a Virgin Megastore, Books-A-Million, and a Boot Town Outlet among others have made commitments to Mills. But officials have no word on what will become of tenants committed to Houston Premium Outlets. In March of this year, Houston Premium Outlets announced it had snagged a Last Call Neiman Marcus clearance store and a mega-movie theater. All along, local real estate observers predicted the two malls couldn't co-exist, saying there weren't enough shoppers or tenants to go around. Paul White, a spokesman for Mills, says it's too early to know what will become of tenant agreements already struck. "There's been no movement," says White. "We understand that Houston Premium Outlet had two or three preliminary agreements, but nothing has been decided. There's going to be a lot of transitioning to take place first."
  19. Read that Carrabba's is opening July 8th.
  20. That property is owned by Children's Learning Adventure. A check of their website has a "Coming Soon" for that location. http://www.childrenslearningadventure.com/index.php/locator?find=1 And here is a site plan - they also own the property to the south. http://www.axiomconstruction.com/uploads/1/3/2/0/13206447/0002_c1_site.pdf
  21. fairly common. A developer wants to scoop up the land and secure major anchors before someone else does, but it doesn't start building until the area is a bit more built out. The retail at Spring Green and 1093 was announced more than 5 years before they actually started building - that delay was probably due more to threatened litigation by the developer (who eventually ironed things out with Ft Bend county and then sold off part of the original development). The NW corner, which was originally part of the development was up for sale recently - I hope the original proposed Lowe's at that spot is still in the picture.
  22. Yes, but I was only interested in naming major roadways.
  23. That portion of Beechnut is already constructed. Beechnut is continuous into town from just west of 99 (although the street name changes to Braeswood east of 610). Bellaire is continuous from Addicks Clodine eastward (with a name change to W Holcomb east of 610).
  24. Yes, this is true. I live in Katy and the streets expand as the developers build them. The county gets involved when needed - such as parts of the roadway being built around the new high school at Falcon Landing and Gaston. If it weren't for the new school, only the developer's portion would be built right now. Same thing for the extension of Spring Green northward. As the developers build out their communities, the roadway will be built.
  25. Yes to both. http://www.b4-u-eat.com/imap.asp?M=7775,7
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