KFB Plaza, Inc. will begin construction on new strip centers at 1165 and 1185 Katy Fort Bend Road in Katy by mid-August, Commercial Realty Company President Fred Ash said. Commercial Realty Company is handling the preleasing for the property.
Ash said the property will feature an 8,000-square-foot and a 10,000-square-foot building just north of I-10 at the southwest corner of the intersection of Katy Fort Bend Road and Fifth Street.
The new strip centers will be designed to cater to a variety of businesses including fast food, sit-down restaurants, coffee shops and medical offices, Ash said.
"[The site will feature] two drive-thrus," said Ash. "There's one on either end of those two buildings. Those are going to be relatively easy to lease."
Ray Golshan, a manager at KFB Plaza, Inc. said the development should be complete by the first quarter of 2019.
Ash said suites will be available in a range of sizes from 1,000-10,000 square feet. Commercial Realty Company said the new facility will be within a mile of about 8,500 residents. About 21,500 vehicles per day pass near the facility, including those on nearby I-10, according to the company.
Ash estimates the site may bring about 60 jobs to the area, but the number will depend on which types of businesses lease suites, he said.
KFB Plaza, Inc. to break ground on new strip centers along Katy Fort Bend Road by mid-August
KFB Plaza, Inc. will begin construction on new strip centers at 1165 and 1185 Katy Fort Bend Road in Katy by mid-August.