Development
BY KELLY SCHAFLER
Infrastructure work to wrap up at Katy Boardwalk District
More movement will soon happen at the mixed- use Katy Boardwalk District development, with Katy city o cials expecting to announce the long- awaited hotel and conference center this spring. The details The city of Katy broke ground on the Katy Board- walk District in 2017 on 169 acres south and east of Katy Mills, Community Impact previously reported. Two projects will be complete this spring: • The roughly 2.5-mile trail system winding through the nature preserve • The extension of Katy Fort Bend Road from Kingsland Boulevard to Boardwalk Drive The update As these district elements wrap up, two others are taking o , city o cials said. A groundbreaking will take place in April for the 353-unit Boardwalk Square apartments—a second
phase to the existing Boardwalk Lofts, Mayor William “Dusty” Thiele said. Finally, o cials with KBH Venture LLC—a joint venture of several local developers including Sueba USA—are working to secure nancing for the long-awaited hotel and conference center, developers said in an email. City o cials hope to announce the hotel this spring, City Administrator Byron Hebert said. The Katy Development Authority, a tax increment reinvestment zone in the city, will pay about $24 million to fund the conference center, and the adjacent hotel will be paid by developers, Hebert said. The big picture The hotel and conference center will help attract tourism in the city of Katy, Hebert said. This will couple with nearby attractions, such as Katy Mills, Typhoon Texas, Dig World and Slick City Action Park.
The extension of Katy Fort Bend Road will open for tra c this spring.
COURTESY CITY OF KATY
KATY FORT BEND DR.
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Katy Boardwalk District
1 Boardwalk Square apartments 2 Future hotel & conference center 3 Katy Boardwalk trails
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SOURCE: CITY OF KATY COMMUNITY IMPACT
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