HOUSTON – (Realty News Report) – NewQuest has started construction on the multi-tenant component of Texas Heritage Marketplace, a $400 million mixed-use development that will bring 800,000 SF of retail to a growing region of Waller County.
The development sits on 165 acres at the southeast corner of Interstate 10 and Texas Heritage Parkway in the Katy area. Construction is underway for anchors Lowe’s Home Improvement, Target, and Sam’s Club with staggered openings planned to begin in September.
Heritage Grove, a five-acre greenspace, will be at the center of the development surrounded by 35,000 SF of restaurants and spa or fitness-related retail, according to NewQuest. Escalante’s, Tony C’s, and Aji Izakaya, are among the planned restaurants. In a nearby building, four junior anchors will occupy just over 100,000 SF: Academy Sports and Outdoors, Burlington, Spec’s, and Ulta Beauty. EOS Fitness will occupy a 40,000-SF building. The stores and restaurants will begin opening in the first quarter of 2027…