on target

Houston developer breaks ground on $400 million, 165 acre Katy project

Those driving along the frontage road of Interstate 10 and the newly completed Texas Heritage Parkway in Katy might have noticed a big new project under construction. That’s because Houston-based commercial real estate firm NewQuest just began work on its $400 million, 165-acre, mixed-use shopping center in Waller County.

The Texas Heritage Marketplace, when complete, will include 750,000 square feet of retail and restaurants, along with 550 apartments in two communities. NewQuest will develop all of those, plus nearly 300,000 square feet of medical office space and self-storage units. Target is set to anchor the development and will build a 149,000-square-foot store.

NewQuest has invested nearly 10 years in bringing the project to fruition.

"After all these years of work, we couldn't be happier to kick off Texas Heritage Marketplace with a great anchor like Target," says Austin Alvis, NewQuest's president and chief development officer. "We are presently working with a variety of leading retailers and restaurateurs to procure the best possible mix for the project. We look forward to announcing additional anchors and tenants soon."

The developer waited for a decade, as growth in the area pushed westward. Now, the communities around Katy and the city itself are nationally ranked as one of the best places to live in Texas. With the completion of the 6.5-mile Texas Heritage Parkway and interest from prospective tenants, NewQuest hit go on the project. The new artery links the development to a five-mile trade area with a population of nearly 147,000 with an average annual income of more than $160,000, according to NewQuest.

For residents along the corridor, the completed project will bring new shopping, business and entertainment options. The developer’s in-house architectural team designed a cohesive, walkable environment with ample greenspace, including a huge Heritage oak tree that has been relocated from the path of the recently-completed road. NewQuest says it's the largest tree ever moved in the Houston area.

The project represents a collaboration with the City of Katy, Waller County, and Texas Heritage Parkway Association. There’s no date yet on when the development will be fully complete.

Photo courtesy of NewQuest

The new Texas Heritage Marketplace will be located along Interstate 10 and the newly completed Texas Heritage Parkway in Katy.

HAUTE PROPERTIES

NBA champion Jordan Clarkson lists San Antonio mansion for $7.5M

Photo courtesy of Barlowe Daly Realty

The spacious open area is roomy enough for an oversized sectional.

Another NBA player has listed his San Antonio home, but this one never housed a Spur. New York Knicks guard Jordan Clarkson is selling his Dominion estate for $7.5 million.

After the still-stinging finals, maybe it’s for the best.

Having a Knick embedded in Silver and Black country might seem as unlikely as finding a Connecticut Yankee in King Arthur’s court. But the shooting guard has a long history in the Alamo City. His parents, both in the Air Force, moved there when he was six. Later, he was named San Antonio High School Player of the Year while attending Karen Wagner High School.

His sprawling five-bedroom, seven-bath mansion, listed by Janay Bankston of Barlowe Daly Realty, naturally contains touches tailored to a pro baller. Photos show customized closets with shelving for caps and a huge collection of kicks. And the property makes space for a private gym and a half basketball court.

Jordan Clarkson home Half-court basketball kept Clarkson in shape.Photo courtesy of Barlowe Daly Realty

During downtime, Clarkson could relax in a jacuzzi, sip Champagne in a wine lounge, or watch Space Jam from the comfort of a theater room outfitted with stadium seating. Other luxe features include a four-car garage and elevator for those days when he did too many line sprints.

Photo courtesy of Barlowe Daly Realty

The spacious open area is roomy enough for an oversized sectional.

Outside, resort-style landscaping surrounds an infinity pool deck outfitted with an Italian pizza oven. A detached casita — built with its own bar — gives guests privacy but easy access to a quick dip.

Although the home is mostly in neutral grays and whites, the listing does give a peek of some of Clarkson’s personality. A zippy blue stove is installed in the marble island, an oversized Swatch hangs near the living room, and one room features a funky purple shag rug. A mischievous Pokémon is pictured on another rug.

Interested parties must book a showing 24 hours in advance. Inquiries may be made through Realtor.com. There’s no word on whether the many lanterns scattered across the living areas are included in the sale.

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