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    an oasis in Katy

    Houston's hottest suburb reveals plans for game-changing boardwalk entertainment district

    Steven Devadanam
    Dec 18, 2018 | 12:05 pm
    Katy Boardwalk District rendering lakefront
    Booming Katy is planning a boardwalk empire.
    Photo courtesy of Katy Boardwalk District

    If the booming success of LaCenterra and the move of Inner Loop favorites such as Bosscat and Star Pizza out west are any indicators, Katy is arguably Houston’s hottest suburb. Now, developers are banking on a new level of excitement with the announcement of a lakefront entertainment and cultural destination.

    The team behind the Katy Boardwalk District has revealed plans for a center that will be anchored by the area’s first full-service conference center hotel, entertainment concepts, luxury loft residences, and a 90-acre nature preserve showcasing the area’s greenspace, according to a statement. The concept marries boardwalk charm with bustling, mixed-use living.

    “The entire project is about creating something unexpected — truly a natural-suburban oasis,” says Kayce Reina, director of tourism and marketing for the City of Katy, in a statement.

    The move comes comes just after news of a future full-service, four-star conference center hotel at the 169-acre property at Kingsland Boulevard and Katy Fort Bend Road, just south of I-10. That development is a partnership between the Katy Development Authority and developer KBH Venture.

    According to a statement, the master development agreement calls for a conference center hotel with a minimum of 300 rooms, a specialty restaurant, bar, pool, and fitness center. The master development agreement also calls for a conference center of at least 43,000 square feet. The conference center hotel, designed by Gensler and built by Houston-based KDW, is expected to open fall 2021 with construction beginning in the fall of 2019. The hotel’s brand is expected to be announced early next year.

    Planners hope to lure the young professional crowd with Katy Boardwalk District’s residential component, Lofts at Katy Boardwalk. The area will feature 319 loft-style luxury residences with two resort-style pools, state-of-the-art fitness center, resident lounge, business center, outdoor cabanas, and grilling areas.

    Katy Boardwalk District will also feature approximately 155,000 square feet of retail space, with an emphasis on restaurant, bar, and entertainment concepts, along with 60,000 square feet of Class A office space, all designed by Gensler, per the statement.

    The retail and office will surround more than an acre of public green space designed for outdoor activities and events. The lake and nature preserve features two miles of walking paths, wooden boardwalks, and other pedestrian-friendly pathways, ideal for residents and visitors.

    trendsshoppinghotelsurban-renewal
    news/real-estate

    millennial magnet

    Houston stars among 30 hottest U.S. metros for millennial homebuyers

    Amber Heckler
    Jul 20, 2026 | 1:30 pm
    Houston neighborhood
    Photo by Jose Losada on Unsplash
    Houston is a millennial magnet.

    Houston and its surrounding cities have already proved to be magnets for millennials, and now a new national housing report has established the city as one of the 15 hottest destinations for millennials, whose local homeownership rate has nearly doubled since 2018.

    The number of millennials who own their homes in Houston has grown from 227,365 to 418,698 households over the last five years (84.2 percent), according to a new housing analysis from RentCafe.

    The study compared homeowner growth rates versus renter growth rates of millennials — based on Pew Research Center's definition as individuals born between 1981 and 1996 — across 107 U.S. metro areas from 2018 to 2023.

    Houston ranked No. 29 in the overall list of U.S. metros that have seen the highest increase in millennial homeowners since 2018. About 49 percent of all Houston-area millennials own their homes, with the remaining 51 percent renting, the report found.

    Houston also ranked 22nd in the national list of cities with the biggest growth rates among millennial-age renters. The number of millennial renter households jumped from 397,410 to 439,371 in five years, a 10.6 percent hike.

    About 5.3 million millennials have become homeowners over the last five years nationwide, RentCafe's analysts said, which represents a massive 74 percent increase in millennial-owned households. The growth rate of renters was much lower in comparison.

    "At the same time, the number of millennial renters in the U.S. rose by a modest 5 percent, adding approximately 600,000 households," RentCafe said. "This brings the total number of millennial homeowner households to 12.4 million, close to the 12.6 million millennial renter households."

    While the rate of millennial homeowners is on the rise, the same can't be said for Gen Zers. Less than 15 percent of all Gen Z households in Houston own their homes, while the vast majority are renters, a separate RentCafe study found.

    Elsewhere across the state, Austin (No. 7) and San Antonio (No. 10) ranked among the top 10 U.S. cities with the biggest growth rates among millennial homeowners.

    The top 10 U.S. metros with the highest gains in millennial homeowners are:

    • No. 1 – North Port, Florida
    • No. 2 – Lakeland, Florida
    • No. 3 – Jacksonville, Florida
    • No. 4 – Stockton, California
    • No. 5 – Oxnard, California
    • No. 6 – Palm Bay, Florida
    • No. 7 – Austin, Texas
    • No. 8 – Tuscon, Arizona
    • No. 9 – Deltona, Florida
    • No. 10 – San Antonio, Texas
    rentcafestudyreal estatehousing reportmillennialshouston
    news/real-estate

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