Katy Boardwalk District development team has announced plans for a new lakefront destination, which will serve as a hub for entertainment, community and culture, anchored by a full-service conference centre hotel, and a 90-acre nature preserve in Katy, Texas, US.
Earlier, the Katy Development Authority has recommended a master development agreement with developer KBH Venture to bring a full-service, four-star conference centre hotel to the 169-acre setting at Kingsland Boulevard and Katy Fort Bend Road, south of I-10.
The master development agreement includes a full-service conference centre hotel with a minimum of 300 rooms, a specialty restaurant, bar, pool and fitness centre as recommended by Benchmark Global Hospitality, which will operate the hotel.
The agreement also calls for a conference centre of at least 43,000ft².
Designed by Gensler and built by Houston-based KDW, the conference centre hotel is expected to open in 2021 with construction beginning in 2019. The hotel’s brand is expected to be announced in 2019.
The Katy Boardwalk District team said that it is in discussions with a global hospitality company.
The residential component, Lofts at Katy Boardwalk, will feature 319 loft-style luxury residences with two resort-style pools, modern fitness centre, resident lounge, business centre, outdoor cabanas and grilling areas, as well as onsite management.
Nearly all residences in Phase 1 will be one or two-bedroom floorplans.
Sueba Construction expects to break ground on Phase 1 of the Lofts at Katy Boardwalk in January 2019 and expects the completion of the phase by 2020.
Sueba Consulting will design the residences and Southampton Management will manage the residences.
Katy Boardwalk District will also feature 155,000ft² of retail space, with emphasis on restaurant, bar and entertainment concepts, along with 60,000ft² of Class A office space, all designed by Gensler.
Construction on the retail phase is expected to begin in late 2019. Leasing for the retail and entertainment phases currently underway is represented by Lacee Jacobs of CBRE.
The project’s retail and office will surround more than an acre of public green space designed for outdoor activities and events.
The lake and nature preserve will feature two miles of walking paths, wooden boardwalks and other pedestrian-friendly pathways.
Image: An aerial rendering of Katy Boardwalk District, a new lakefront destination in Katy, Texas, US. Photo: Courtesy of Katy Boardwalk District / PRNewswire.