West Katy Grows

5-acre green space and Houston restaurants anchor new Katy development

Katy continues to grow, this time with the addition of Texas Heritage Marketplace — an 800,000-square-foot mixed-use development under construction in Waller County. While the project spans 165 acres at the southwest junction of I-10 and Texas Heritage Parkway, it’s the nearly five-acre central green space that will be surrounded by a curated mix of restaurants and retailers that sets it apart, according to the project's developer.

"We want to raise the bar on green space concepts. We envision a mix of inviting dining concepts and spa- or fitness-related brands to play off the entire project's lifestyle component," said Bob Conwell, senior vice president of NewQuest, in a statement. Conwell is leading pre-leasing efforts for the Houston-based real estate firm.

Escalante’s, Tony C’s Pizza and Beer Garden, Aji Izakaya, and Kilwin’s are the first wave of tenants to secure a spot in the 39,811 square feet of premium retail space encircling the green space. Half of that square footage is already either leased or in negotiations.

"Signing Escalante's is a badge of honor for Texas Heritage Marketplace's green space. It's well-known that the upscale restaurateur is very selective about its locations," said NewQuest senior vice president Bob Conwell.

The future Escalante’s outpost will be the Tex-Mex chain’s eighth location in the Houston area. Tony C’s Pizza and Beer Garden, a sports bar concept named after Red Sox legend Tony Conigliaro, is making its Greater Houston debut with the project.

"Aji Izakaya and Kilwin's are equally well-known brands in the market and both are expanding," Conwell said. "We're starting with four strong attractions as place-makers for the green space."

A large heritage oak tree that NewQuest saved from the path of nearby highway construction will serve as a focal point of the green space, with a water feature and native plants adding to the attraction.

"We're being highly selective about the tenants who will co-exist in the green space,” David Meyers, managing director of leasing and development partner for Houston-based NewQuest, said in a statement. “They ultimately share a common bond, which is to encourage people to stay longer and return frequently.”

Texas Heritage Marketplace, which broke ground in January, 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

"It's rare to see a project of this magnitude being built today," Conwell said. "Once construction is fully underway, meaning walls are going up, the market's anticipation will really start to take off."

Rendering courtesy of NewQuest

Texas Heritage Marketplace, a mixed-use development under construction in Waller County, spans 165 acres with a five-acre central green space.

openings texas heritage marketplace

Where to Live Now

Houston high-rise's 2-story penthouse hits the market at $11 million

Photo by Harry Stonhill

Penthouse 2502 at The Belfiore spans the top two stories of the high rise.

For those looking to move on up to a deluxe penthouse in the sky — the new $11 million listing at 1275 S. Post Oak Lane, Unit 2502 hits the right note.

At nearly 9,000 square feet, Penthouse 2502 at The Belfiore spans the top two floors of the 26-story high rise.

"The team that created Penthouse 2502 offers Houston something exceptionally rare: a brand-new, never-occupied, two-story residence with custom-caliber design atop an established luxury tower," said Justin Dugat of Douglas Elliman, co-listing agent with Misty Meredith, in a statement.

The penthouse underwent a full build-out in the past seven months under the guidance of Jeffrey Fawaz and Mike Elaridi of Fratelli Companies with Ghandi Saad and Salim Obeid of RSG Development Group.

“From the beginning, we saw the opportunity to create something truly elevated; not just in design, but in experience,” Fawaz said. “Every detail was approached with intention, and the result is a space that reflects both luxury and functionality in a seamless way.”

$\u200bPenthouse 2502 at The Belfiore$

Photo by Harry Stonhill

Penthouse 2502 at The Belfiore spans the top two stories of the high rise.

What was once a blank concrete shell is now an 8,689-square-foot home with five bedrooms, including two primaries and a dedicated 680-square-foot dressing room, along with three full and three half bathrooms.

The home’s two floors are connected via both an interior lift and a floating staircase that serves as a sculptural centerpiece. Multiple entertaining spaces include a media room, office, wet bar, massage room, and a wine cellar.

The views are a luxury of their own, with floor-to-ceiling windows and two corner terraces offering panoramas of the east, west, and south.

The list of elevated features is extensive, including an automated designer lighting system by Lutron and appliances from La Cornue and Gaggenau. Venetian plaster, Italian marble countertops, European cabinetry, and custom white oak herringbone flooring throughout highlight the attention to craftsmanship.

The Belfiore’s amenities add to the penthouse’s appeal, with a 24-hour concierge and valet, swimming pool, athletic club, private dog park, and — perhaps most enticing in Houston — industrial generators. The perks come with a hefty monthly maintenance fee of $11,157.

The 45-residence building, completed in 2016, was originally developed by Giorgio Borlenghi of The Interfin Companies alongside McNair Interests, the investment entity of late Texans owner Bob McNair.

“Houston’s luxury high-rise condo market is gaining momentum, driven by demand for a lock-and-leave, full-service lifestyle,” Dugat said. “As more wealth flows into the city, buyers are prioritizing efficiency, design, and the ability to spend more time living and less time managing a traditional home.”

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