KATY GRAND COMING SOON: Katy's Newest Prime Destination for Dining and Entertainment - NewQuest Properties
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COMING SOON: KATY GRAND Katy’s Newest Prime Destination for Dining and Entertainment NEC of I-10 and The Grand Parkway (Highway 99) | Katy, Texas Rebecca Le | Heather Nguyen | 281.477.4300 Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
KATY GRAND PROJECT HIGHLIGHTS KATY, TEXAS Porter Rd GRAND NEST OFFICE PARK KATY ISD Franz Rd FOOTBALL STADIUM wy Katy Fort Bend Rd Grand Pk N Mason Rd 12% $123K HOUSTON COMMUNITY 787,254 y COLLEGE Pkw est Colonial Pkwy THE REMINGTON UH KATY ew CAMPUS APARTMENTS Prim CURRENT Merchants Way Memorial Hermann KATY GRAND II KATY GRAND I ASIAN/PACIFIC AVERAGE POPULATION Hospital 10 POPULATION HOUSEHOLD WITHIN 10 MILES INCOME 105 S Mason Rd WITHIN 10 MILES TEXAS Plantersville 149 99 105 Conroe Provincial Blvd TEXAS WITHIN 5 MILES TEXAS TOLL 336 Todd Mission TEXAS KATY MILLS FA R M 249 Magnolia 45 2010 Census, 2020 Estimates with S H FO AR 1774 TOLL 242 Delivery Statistics as of 04/21 Pe RT RIS R OA D TEXAS ek BE THE VILLAGES MEMORIAL PARKWAY ND The Woodlands Rd Kingsland Blvd FALCON POINT 99 CIMARRON PARK PARK 249 Tomball TOLL TEXAS Spring 290 FA R M Humble Atascocita 1960 R OA D 90 Cypress EXPLOSIVE RESIDENTIAL GROWTH HCTRA B E LT W AY 8 TOLLWAY Sheldon 59 B E LT W AY 8 45 HCTRA Katy TOLLWAY Houston 10 207,612 HOUSEHOLDS | 35,061 FUTURE HOMES 10 Channelview 43% HOME GROWTH IN TRADE AREA | 2010-2021 FA R M 1463 610 Fulshear WESTPARK R OA D FA R M TOLLWAY 225 TEXAS 1093 99 Pasadena La Porte 17% FUTURE HOME GROWTH | 2021 FORECAST R OA D TOLL Richmond HCTRA T B E F O R UNT N D CO Y Source: MetroStudy Estimates as of 1Q 2021 TOLLWAY 45 TOLL ROAD 59 AUTHORITY 90 Pearland Dickinson 6 TEXAS 288 TEXAS Texas City REBECCA LE HEATHER NGUYEN Galveston 281.477.4327 281.477.4358 rle@newquest.com hnguyen@newquest.com
PROJECT HIGHLIGHTS NEW GOLF VENUE & ENTERTAINMENT COMING SOON DUAL FREEWAY ON-SITE, SIX-LEVEL KATY GRAND 1ST-GEN FAMILY 40% VISITOR GROWTH VISIBILITY WITH METRO PARKING CENTER EXPANSION: ENTERTAINMENT FORECASTED FOR 1,700’ OF FRONTAGE GARAGE (1,727 46% VISITOR GROWTH ANCHOR CINEMARK 19 KATY GRAND IN ON I-10 AND 1,000’ SPACES) SERVING IN MARCH ‘21 VS WITH STADIUM-STYLE FIRST 12 MONTHS OF OF FRONTAGE ON 289K+ VPD ON MARCH ‘20 RECLINE SEATING POPSTROKE OPENING GRAND PARKWAY GRAND PARKWAY - PLACER.AI ‘21 - PLACER.AI ‘21 KATY GRAND | KATY, TEXAS
COME JOIN US TIM HO WAN | 5,160 SF 1ST TEXAS LOCATION | U.S.: 4 | WORLDWIDE: 55+ MICHELIN-STARRED CHINESE DIM SUM RESTAURANT CONSIDERED “THE MOST AFFORDABLE MICHELIN RESTAURANT IN THE WORLD” HAIDILAO HOTPOT | 6,295 SF 1ST TEXAS LOCATION | U.S.: 6 | WORLDWIDE: 768+ LA TIMES CALLS IT “THE FERRARI OF CHINESE HOTPOT”, AND IT IS THE UNDISPUTED LEADER OF CHINESE CUISINE SINCE 1994 85°C BAKERY CAFE | 2,803 SF U.S.: 68 | WORLDWIDE: 1,150+ OVER 60 VARIETIES OF FRESH BREAD, 60 TYPES OF PASTRIES, COFFEES, SMOOTHIES, TEAS, TREATS, AND A NEAR CULT-LIKE FOLLOWING KURA REVOLVING SUSHI BAR | 3,520 SF U.S.: 30 | WORLDWIDE: 500+ OFFERS FRESH AND CHEF-MADE SUSHI ON A FUN AND INTERACTIVE CONVEYOR BELT SO DINERS CAN PICK THE PLATES THEY WANT KINOKUNIYA JAPANESE BOOKSTORE | 4,000 SF 1ST TEXAS LOCATION | U.S.: 15 | WORLDWIDE: 102+ SELLING VARIETY OF BOOKS, MANGA, STATIONERY, AND UNIQUE GIFTS SOMISOMI SOFT SERVE & TAIYAKI | 1,206 SF 1ST TEXAS LOCATION | U.S.: 26 | WORLDWIDE: 26 FRESH, FISH-SHAPED WAFFLE CONES WITH SOFT SERVE ICE CREAM SWEETHONEY DESSERT | 1,569 SF 1ST TEXAS LOCATION | U.S.: 16 | WORLDWIDE: 600+ WIDELY ACCLAIMED FOR ITS CANTONESE-STYLE DESSERT AND SAVORY SNACKS – KATY GRAND WILL MARK THE FIRST FLAGSHIP IN TEXAS POPSTROKE | 6,410 SF 1ST TEXAS LOCATION | U.S.: 2 | VIP START-UP: TIGER WOODS REBECCA LE HEATHER NGUYEN EXPERIENTIAL GOLF AND CASUAL DINING CONCEPT BY TIGER WOODS 281.477.4327 281.477.4358 rle@newquest.com hnguyen@newquest.com
KATY GRAND TENANT HIGHLIGHTS As an industry-leader in retail trends, NewQuest is already looking to the Shadow Anchored By: next wave of retail demand - national and international concepts looking • 47,000-SF Super H-Mart to expand their presence in the United States and Texas. In response to • Metro Park & Ride: Grand Parkway | 3,222 boarding per week the burgeoning demand for new and innovative shopping and dining • University of Houston (10,000 students est. enrolled by 2024) experiences, our team at NewQuest has focused on finding first rate, • Future Houston Community College (7,000 students est. enrolled by 2022) best-in-class tenants for our shopping center. Its convenient locale - in • Cinemark 19 Katy, with 19 screens and stadium-style seating combination to its proximity to a large number of super regional draws • 88,000-SF Andretti Indoor Karting & Games - has allowed us to attract exceptional brands, ranging from Michelin Star restaurant to an unique array of first-to-market concepts. As the center continues to mature, Katy Grand is primed to become an international destination to rival any other.
JOIN OUR TENANTS KURA REVOLVING SUSHI BAR Store Size: 3,250 SF U.S. | Worldwide: 30 | 500+ Kura Sushi has over 400 locations in Japan, Taiwan, and the U.S. Kura Sushi offers a fun and interactive dining experience with fresh, chef-made sushi moving throughout the dining space on a conveyor belt, allowing diners to pick whatever plates they like. Kura utilizes only the freshest organic ingredients, with no preservatives or MSG. KINOKUNIYA JAPANESE BOOKSTORE Store Size: 4,000 SF U.S. | Worldwide: 15 | 102+ Founded in Tokyo in 1927, Kinokuniya began importing English books in 1949, and opened its first overseas location in San Francisco in 1969. Today, Kinokuniya has 15 U.S. stores selling a variety of books, graphic novels, stationery, and gifts. SOMISOMI SOFT SERVE & TAIYAKI Store Size: 1,206 SF U.S. | Worldwide: 26 | 26 SomiSomi, an Asian concept that started in Koreatown Los Angeles, offers what is known as “Taiyaki” in Japanese and “AhBoong” in Korean. Their fish-shaped waffle cones are made fresh to order and filled with a variety of toppings and soft serve ice cream. SomiSomi currently has 10 locations on the west coast. TIM HO WAN Tim Ho Wan is a Michelin-starred Chinese dim sum restaurant that started in Hong Kong, but SWEETHONEY DESSERT has grown to 56 locations throughout China, Taiwan, Singapore, the Philippines, Australian, Vietnam, Malaysia, Thailand, Cambodia, Japan, and the United States. Tim Ho Wan began as Store Size: 1,569 SF U.S. | Worldwide: 16 | 600+ a small, 20-seat dim sum restaurant in Hong Kong in 2009. Upon receiving the prestigious Sweethoney Dessert is widely acclaimed for its Cantonese style Michelin star award in 2010, many began to refer to it as “the most affordable Michelin dessert & savory snacks. Known as the best in class of its category, restaurant in the world.” After expanding internationally throughout Asia and the South Pacific, the brand has been wildly successful since their first US opening in 2015. With over 600 stores worldwide, Katy Grand will mark the Tim Ho Wan opened their first U.S. location in New York City in 2016, and is seeking to expand first flagship location in their Texas location. throughout major markets nationwide. Store Size U.S. | Worldwide Locations 5,160 SF 4 | 55+
JOIN OUR TENANTS 85°C BAKERY CAFE HAIDILAO HOTPOT Named for the ideal temperature for the perfect cup of coffee, 85°C Bakery Cafe was founded Praised by LA Times as the Ferrari of Chinese Hotpot and named NYC’s Best Restaurant of 2019, in Taiwan in 2003, and has since expanded worldwide with over 1,150 locations. With over Haidilao Hotpot is the undisputed leader of Chinese cuisine. A pot of simmering broth is found 60 varieties of fresh bread, 60 types of pastries, coffees, smoothies, teas, and treats, 85°C at the center of every table, accompanied by thin-sliced meat, seafood, vegetable and more. Bakery has gained near cult-like following both internationally and within the U.S. Originally The ingredients are placed in the broth, cooked to order and served with their signature array of popular with first- and second-generation Asian Americans, 85°C Bakery Cafe has expanded sauces. The Haidilao brand was founded in 1994. Trading under Haidilao International Holding, the far beyond their original customer and is a fan favorite across all demographics. brand went public on the Hong Kong Stock Exchange, raising $1B USD and receiving a valuation of $12B in their 2018 IPO. By the end of 2019, Haidilao has expanded to 768 corporate chains worldwide, and grew from its initial valuation to $21B. Store Size U.S. | Worldwide Locations Store Size U.S. | Worldwide Locations 2,803 SF 68 | 1,150+ 6,295 SF 6 | 768+
RETAIL AERIAL PORTER RD STRONG LOCAL REACH DISTANCE TRAVELED CUSTOMER % UNDER 1 MILE 1.05% MORTON RD MORTON RD UNDER 2 MILES 4.38% 99 KATY ASIAN N MASON RD j TOLL UNDER 3 MILES 9.86% TOWN GREENHOUSE RD UNDER 5 MILES 22.49% UNDER 10 MILES 41.10% UNDER 30 MILES 76.28% - PLACER.AI ‘21 KATY KATY GRAND GRAND PHASE I FRANZ RD PHASE II FRANZ RD LEGACY STADIUM 20,000 SEATS N FRY RD KATY FORT BEND RD RHODES STADIUM BARTLETT RD KATYLAND DR COMING SOON 1,000+ EMPLOYEES AVENUE D 90 10 10 S FRY RD PIN KINGSLAND BLVD OAK R BAKERS RD D SH IL KATY MILLS MALL LIN G TO 99 N D R TOLL WESTGREEN BLVD W ES S MASON RD TH G EI A M ST ER O N PK R W D Y 04.21 | 01.21 KATY GRAND | KATY, TEXAS
RESIDENTIAL AERIAL VENTANA LAKES RESIDENTIAL OVERVIEW Total Units: 2,171 Occupied Units: 1,528 ESTABLISHED HOMES TO THE EAST OF I-10 WITH MAJOR Under Construction: 117 GROWTH TO THE WEST Future: 526 Price Range: $195K - $442K BUILT OUT SUNTERRA - PLANNED Total Units: 3,000 99 TOLL UNDER CONSTRUCTION/ FUTURE HA WA GRAND OAKS R R IS LL Total Units: 1,520 ER CO CO Occupied Units: 1,295 UN UN TY CANE ISLAND Under Construction: 31 TY Total Units: 1,947 Future: 194 Occupied Units: 885 CYPRESS MEADOWS 10 MINUTES Price Range: $121K - $398K Under Construction: 116 Total Units: 1,440 Future: 935 Occupied Units: 1,436 Price Range: $210K - $264K Under Construction: 0 Future: 4 Price Range: $181K - $221K CARDIFF KATY FIRETHORNE 10 Total Units: 3,337 Occupied Units: 3,043 ADDICKS 10 Under Construction: 92 10 MINUTES HA Future: 202 FO RT RR IS Price Range: $157K - $700K BE ND CO UN CO TY UN TY 6 TEXAS TY UN CO Y ER NT A LL C OU W E ND TAMARRON LAKES B RT FO Total Units: 4,058 Occupied Units: 2,006 Under Construction: 256 Future: 1,796 Price Range: $205K - $470K 99 CINCO RANCH TOLL Total Units: 11,803 JORDAN RANCH Price Range: $107K - $1,295K CROSS CREEK RANCH Total Units: 2,829 Total Units: 6,142 Occupied Units: 627 Occupied Units: 4,273 FA R M Under Construction: 93 Under Construction: 205 1093 Future: 2,109 Future: 1,664 R OA D Price Range: $218K - $592K Price Range: $179K - $1,200K CLODINE 05.21 | 01.21 KATY GRAND | KATY, TEXAS
AERIAL 30,399 ASIAN POPULATION WITHIN 5 MILES - MAGNIFY, 1Q 2021 Headquarters N. MASON ROAD West Memorial West Memorial Jr. High School 1,151 Homes 756 STUDENTS The Remington 350 Units KATY GRAND 10 WESTSIDE PARKWAY Houston Community College New 24-Acre Campus | 2022 Opening Governor’s Place 7,000 Students Projected 490 Homes U of H Katy - Victoria Coming | 2022 GRAND WEST BOULEVARD 46-Acre Campus | Opened Fall 2019 San Remo 10,000 Students E. FRENHURST DRIVE AY W PHASE II RK Coming Soon PA AL NI PHASE I LO CO 6-Level Parking Garage 1,727 Spaces 99 GRAND PARKWAY 35,381 VPD TOLL 41,255 VPD KATY FR Katy Medical Arts Center HIGH TRAFFIC ZONE 325K VPD GRAND PKWY & KATY FWY EEWAY Y WA NTS 289,900 Texas Headquarters HA Williamsburg Business Park 500 Beds 1,000+ Employees RC ME VPD 04.21 | 04.21 KATY GRAND | KATY, TEXAS
SITE PLAN C O L O N I A L P A R K W AY KEY BUSINESS LEASE AREAS 1 METRO Parking Garage 1,727 Spaces DETENTION 2 Proposed Grocery 26,075 SF 3 Available For Lease 7,000 SF 4 Available For Lease 7,000 SF 5 Cinemark 79,235 SF 6 Walk-On’s Bistreaux & Bar 8,002 SF 7 Available For Lease 6,305 SF 8 NOT A PART Gloria’s Latin Cuisine 5,500 SF 9 Available For Lease 5,600 SF 10 Available For Lease 6,500 SF 11 85°C 2,803 SF 12 Kura Sushi 3,520 SF KATY - VICTORIA CAMPUS NOT A PART 13 Kinokuniya Books 4,000 SF NOT A PART 14 Somi Somi Soft Serve 1,206 SF 15 Sweet Honey Desserts 1,569 SF Y 16 Available For Lease 825 SF WA RK PA 17 Tim Ho Wan Dim Sum 5,160 SF T ILE MERCAN ONLY ONLY 18 Haidilao Hot Pot 6,295 SF ONLY ONLY 11 TR AC T 4 12 NOT A PART 19 The Alley Tea 1,600 SF 13 O PATI 3 14 T LEASE 15 AC 7 6,305 SF LEASE TR 825 SF 16 20 Proposed Ramen 2,400 SF 8 17 TR AC E S T B LV D 21 Available For Lease 6,572 SF T7 2 18 NOT 19 LEASE 6,572 SF A PART PROPOSED GROCERY 9 LEASE 20 5,600 SF 21 22 PopStroke 6,410 SF TRACT 5 PROPOSED RAMEN TR 22 A CT 8 GRAND W BU S ON LY EX LEASE 3 IT 7,000 SF LEASE 10 6,500 SF PARKING TRA CT 9 GARAGE LEVEL 2 GR LEASE AN MPH MPH G R A N D P A R K WAY 10 10 4 7,000 SF VAN VAN PARKING GARAGE 1,727 SPACES TRACT 6 D C VAN IR VAN CLE VAN 1 TRACT 1A B LV D TRACT 1 ONLY VAN VAN ONLY 6 5 NOT A PART 19 SCREENS | 1,475 SEATS CE AN TR EN LY ON TRACT 2 NOT A PART S BU TRACT 1A ONLY ONLY ONLY ONLY I N T E R S T A T E H I G H W AY 1 0 AVAILABLE LEASED IN NEGOTIATION NOT A PART SP-198 | 04.21 | 04.21 KATY GRAND | KATY, TEXAS
DEMOGRAPHICS 2010 Census, 2020 Estimates with Delivery Statistics as of 04/21 POPULATION 3 MILES 5 MILES 10 MILES 85,720 Current Households 40,596 99,061 257,617 ASIAN HOUSEHOLDS Current Population 120,332 304,376 787,254 WITHIN 5 MILES - MAGNIFY, 2Q 2021 2010 Census Population 85,853 196,889 519,956 Population Growth 2010 to 2020 40.62% 54.90% 51.64% 2020 Median Age 34.7 34.6 33.8 INCOME 3 MILES 5 MILES 10 MILES Average Household Income $104,527 $122,746 $113,445 Median Household Income $89,387 $104,753 $98,427 Per Capita Income $36,792 $41,069 $37,975 RACE AND ETHNICITY 3 MILES 5 MILES 10 MILES White 67.48% 65.05% 58.36% Black or African American 11.73% 11.61% 15.60% Asian or Pacific Islander 7.20% 10.72% 12.25% Hispanic 32.90% 31.19% 32.94% CENSUS HOUSEHOLDS 3 MILES 5 MILES 10 MILES 1 Person Household 17.49% 14.98% 17.31% 2 Person Households 28.46% 27.37% 26.58% 3+ Person Households 54.05% 57.65% 56.11% Owner-Occupied Housing Units 71.89% 76.88% 72.77% REBECCA LE HEATHER NGUYEN Renter-Occupied Housing Units 28.11% 23.12% 27.23% 281.477.4327 281.477.4358 rle@newquest.com hnguyen@newquest.com KATY GRAND | KATY, TEXAS
Information About Brokerage Services Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS: will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an • A BROKER is responsible for all brokerage activities, including acts performed by sales agents intermediary. A broker who acts as an intermediary: sponsored by the broker. • Must treat all parties to the transaction impartially and fairly; • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. • May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker the instructions of each party to the transaction. represents): • Must not, unless specifically authorized in writing to do so by the party, disclose: • Put the interests of the client above all others, including the broker’s own interests; • that the owner will accept a price less than the written asking price; • Inform the client of any material information about the property or transaction received by the • that the buyer/tenant will pay a price greater than the price submitted in a written offer; and broker; • any confidential information or any other information that a party specifically instructs the broker • Answer the client’s questions and present any offer to or counter-offer from the client; and in writing not to disclose, unless required to do so by law. • Treat all parties to a real estate transaction honestly and fairly. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any CLEARLY ESTABLISH: material information about the pro erty or transaction known by the agent, including information disclosed • The broker’s duties and responsibilities to you, and your obligations under the representation agreement. to the agent or subagent by the buyer or buyer’s agent. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. minimum duties above and must inform the buyer of any material information about the property or It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent. notice below and retain a copy for your records. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300 Licensed Broker/Broker Firm Name or License No. Email Phone Primary Assumed Business Name H. Dean Lane, Jr. 366134 dlane@newquest.com (281)477-4300 Designated Broker of Firm License No. Email Phone H. Dean Lane, Jr. 366134 dlane@newquest.com (281)477-4300 Licensed Supervisor of Sales Agent/Associate License No. Email Phone Sales Agent/Associate’s Name License No. Email Phone Buyer/Tenant/Seller/Landlord Initials Date Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300 The information herein is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. MS1774_DK_05.05.21
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