Introduction to Texas Heritage Marketplace
Katy is experiencing significant growth with the development of Texas Heritage Marketplace, an 800,000-square-foot mixed-use project in Waller County. The project, which spans 165 acres at the southwest junction of I-10 and Texas Heritage Parkway, boasts a nearly five-acre central green space surrounded by a curated mix of restaurants and retailers. This unique feature sets it apart from other developments, according to the project’s developer, NewQuest.
Green Space Concept
The central green space is designed to raise the bar on traditional green space concepts. NewQuest’s senior vice president, Bob Conwell, envisions a mix of inviting dining concepts and spa- or fitness-related brands to play off the project’s lifestyle component. This approach aims to create an attractive and inviting atmosphere that encourages people to stay longer and return frequently.
First Wave of Tenants
The first wave of tenants to secure a spot in the 39,811 square feet of premium retail space encircling the green space includes Escalante’s, Tony C’s Pizza and Beer Garden, Aji Izakaya, and Kilwin’s. Half of the available square footage is already leased or in negotiations, demonstrating the high demand for space in this development. The future Escalante’s outpost will be the Tex-Mex chain’s eighth location in the Houston area, while Tony C’s Pizza and Beer Garden is making its Greater Houston debut with the project.
Unique Features
A large heritage oak tree, saved from the path of nearby highway construction, will serve as a focal point of the green space. A water feature and native plants will add to the attraction, creating a unique and relaxing atmosphere. The developer is being highly selective about the tenants who will co-exist in the green space, ensuring that they share a common bond and encourage people to stay longer and return frequently.
Project Details
Texas Heritage Marketplace broke ground in January and is already slated to be home to at least four national anchors, including a Target store expected to open in October 2026 and EoS Fitness. The anchors alone are projected to draw roughly four million visits annually. A 50,000-square-foot medical facility, with potential expansion to 70,000 square feet, and at least 500 high-end multifamily units are also planned.
Market Anticipation
The project’s senior vice president, Bob Conwell, believes that once construction is fully underway, the market’s anticipation will really start to take off. The project’s magnitude and unique features are expected to generate significant interest and excitement in the market.
Conclusion
Texas Heritage Marketplace is a significant development that promises to bring a new level of excitement and entertainment to the Katy area. With its unique green space concept, curated mix of restaurants and retailers, and impressive list of national anchors, this project is poised to become a major destination in the region. As construction progresses, it will be interesting to see how this development evolves and what other attractions and amenities it will offer to the community.
