The long-vacant lot above, near the northeast corner of I-10 and the Grand Parkway, is now being cleared and flattened to make room for the Houston area’s third Super H Mart, according to leasing materials a larger retail development being marketed as Katy Asian Town. Plans for the 16-acre site look to including a pair of smaller strip-style buildings and 2 pad sites, in addition to a long string of retail spots flanking the grocery store:
Katy Asian Town is planned for the gray zone marked Tract A in the map below; inside the ringroad immediately to the southeast sits the 46-acre site the University of Houston plans develop into an 80,000 sq.ft. Katy campus by 2019:
Ryan Graff of Community Impact reported earlier this year that Parkside Capital is looking to put multifamily housing and retail developments on a number of the remaining tracts in and around the ring road, while the clock ticks on UH’s option to purchase the land marked as Reserve E.
The flurry of development represents a new chapter for the area, still marked by the occasional relic of Simon Property Group’s bygone plans for a mall called The Grand, and fading signage for Parkside Capital’s initial master plan for Verde Parc:
In a November filing with the Harris County Clerk, it was decreed that all references to the entire 125-acre parcel as Verde Parc shall be replaced with the new name University Center (which may be proclaimed on no fewer than 4 monument signs around the area).
- See How UH Is Teaming with Parkside Capital To Construct a 125-acre Mixed-Use Development in Northeast Katy [Community Impact]
- Coming Soon! [Katy Asian Town]
- Previously on Swamplot: U of H Preps To Buy Ex-Grand Katy Land, Sell in Cinco Ranch; UH Looking To Build New Campus in Katy, Because That’s Where the Energy Is; The Grand Exit
Images: Brian Walz (photos), Katy Asian Town (Katy Asian Town site plan), Parkside Capital (siteplan of University of Houston campus and surrounding area)