Development

PDF of the development, Waterstone Retail and Commercial Development, by NewQuest Properties along the Grand Parkway directly next to neighborhoods within the Bridgewater Community Association (HOA) - west of Elrod along Clay Rd and Morton Ranch Rd:

http://www.newquest.com/Content/properties/353/Waterstone-retaildevelopmentopp_grandpkwy_morton.pdf

"Grand Parkway construction progresses"

"Grand Parkway construction progresses"

http://impactnews.com/houston-metro/katy/grand-parkway-construction-progresses/

Excerpt (emphasis mine):

Katy area officials say the Grand Parkway will act as a catalyst for growth in all sectors, specifically in north Katy which suffers from a lack of access.

“It is my opinion that we will see development that will take place all throughout the Katy area,” Harris County Precinct 3 Commissioner Steve Radack said. “It is going to be a boom town.”

There are multiple commercial and retail projects in the works near Segment E, but many are in their infant stages of tenant negotiations, including a more than 300-acre mixed-use development by NewQuest Properties at Morton Ranch and Clay roads.

“We are working on securing our first big anchors for the retail portion as well as other commercial tenants,” said Jeff Hayes with NewQuest.

Residential projects are also expected to appear soon, and Katy ISD is preparing to acquire sites for future schools, district land planner Peter McElwain said.

Grand Parkway Segment E

Grand Parkway Segment E

" ... there was an explosion of growth on both sides of the Grand Parkway, south of I-10, and the same kind of scenario is projected along the mostly-underdeveloped Segment E corridor."

per Katy Times article:

http://katytimes.com/news/article_c4f469ca-3977-11e2-ae08-001a4bcf887a.html

" 'This whole section of Cypress and Katy between I-10 and Hwy. 290 is going to enjoy a robust growth period, in my opinion.' "

per Impact News article:

http://impactnews.com/houston-metro/northwest-houston/nwh-local-grand-parkway-construction-upcoming/

West Houston Association update on the Grand Parkway:

"SP/SH 99 SEGMENT E SET FOR COMPLETION DEC, 2013

The Grand Parkway from I-10 W to US 290 is set to be open for traffic in December, 2013."

http://www.westhouston.org/grand_parkway.htm

The Grand Parkway Association - IH 10 (W) to US 290 - Segment E:

http://grandpky.com/segments/e/