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Work has begun on a 156-duplex rental development near the Market at Katy Park, RSK Real Estate Partners announced in a June 30 news release.
In a nutshell
The Chicago-based real estate developer acquired 9.37 acres along the under-construction Galileo Way to develop a build-to-rent community near the Market at Katy Park, officials said in the release. The project, which has not yet been named, will connect to Morton Road.
The project will feature 156 duplexes averaging 1,600 square feet in two floor plans, including:
Zooming out
The Market at Katy Park, a 158,171 square foot development, features a fully leased H-E-B-anchored retail center with businesses including Airi Ramen, Crust Pizza Co. and Rita's Italian Ice & Frozen Custard. The adjacent 348-unit Oaks at Katy Park apartment complex opened earlier this year.
The 100-acre Katy Park area is expected to see another 25,000 homes built in the near future, according to the release.
