Real estate company Avison Young held a groundbreaking ceremony July 18 on the new six-story office building for Phase 2 of the Katy Ranch Offices.
The development, which is available for preleasing, is located at 24279 Katy Freeway, Katy, and will be completed by summer 2020.
It will include a skybridge to link the existing garage constructed during Phase 1 to the new building’s main lobby, where conference and training rooms will be available as well as catering space, according to a press release.
The existing five-story garage will be expanded to accommodate more than 1,000 spaces, Powers Brown Architecture principal A.J. Breneman said.
Phase 1 of Katy Ranch Offices is next to the new building and was completed in 2015, per the release, and is fully leased with nearly 20 tenants, per the release, including Flagstar Bank, Escalate Workspace, US Silica, JMT Engineering, Price Gregory International and KGA/Deforest Design.
The two buildings will total more than 300,000 square feet, Breneman said.
Houston-based Avison Young principals Sam Hansen and Doug Pack will represent the landlord, Mike Baker, CEO of Freeway Properties.
The groundbreaking ceremony was held with Breneman; Lance LaCour, president and CEO of the Katy Area Economic Development Council; and Kerry LaGrone, LSI General Contractors & Construction Managers managing partner.
As the Katy area continues to grow, high-quality, conveniently located office space is needed to serve businesses in the area, including the Energy Corridor of West Houston, according to the release.
“The excitement created by Phase 1 will continue to generate momentum for Phase 2,” Baker said. “With the collaborative effort and support of Powers Brown Architecture, LSI Construction, Avison Young and the Katy Economic Development Council, this new project will be a great success and benefit the greater Katy area.”