Malabar Hill Capital NEQ Bartlett Stockdick Building B in Katy, TX

Building B is a 14,063 sq ft, one-story retail shell under new construction at 7436 Bartlett Rd in Katy, Waller County. The project, filed under the name Malabar Hill Capital NEQ Bartlett Stockdick Building B, is estimated to cost $2,109,450. This equates to a cost of $150 per square foot, a figure that sits above the county median of $75 for similar new construction filings. The development is privately funded on private land for private use, with no public funding indicated in the record.

Malabar Hill Capital is the owner and developer of record for this project. The firm is also behind six other TDLR-registered projects in Texas, including developments in Fulshear and Texas City, totaling $17,378,550 in estimated costs. Identity Architects serves as the design firm of record, a practice that has registered six other projects in the region, ranging from medical plazas in Houston to commercial spaces in Deer Park. The registered accessibility specialist for this build is Brian Gary Stanton.

The project entered the TDLR system in January 2025, with plan review completed in the same month. The current status is Review Complete. Construction is scheduled to start in July 2026 and is scheduled to finish in December 2026. This timeline represents a build window of 153 days, which is shorter than the 273-day median scheduled build window for new construction projects in Waller County.

Local Context and Market Position

The estimated cost of $2,109,450 is above the county median of $1,200,000 for new construction filings in Waller County. The size of 14,063 sq ft is close to the county median of 13,689 sq ft. The area surrounding the site includes existing businesses such as MTE Roofing, Stand Up Str8, and Jason's Dryer Vent Cleaning. Other registered projects in the vicinity include the Houston Methodist Katy Emergency Care Center and a Texas Roadhouse location, both of which are also new construction projects.

According to U.S. Census American Community Survey 2023 five-year estimates for ZIP code 77493, the population is about 62,264 with a median household income of $113,388. The area contains 20,552 housing units, and the median owner-occupied home value is $321,900, with housing predominantly owner-occupied. Waller County’s unemployment rate was 5.6 percent in August 2026, lower than a year earlier.