Valley Ranch Town Center - Tract 7w

Valley Ranch Town Center Holdings LTD is developing a new 6,760-square-foot shell building at 21580 Market Place Dr in New Caney. The project, registered as Tract 7w, is a privately funded new construction effort with an estimated cost of $1,800,000. This investment places the build above the median estimated cost for similar filings in Montgomery County, while the scheduled build window of 91 days is shorter than the county median of 212 days.

Construction Status and Timeline

TDLR completed the plan review process in October 2025, clearing the way for construction to begin. The filing scheduled construction to start in December 2025, with a target completion date of March 2026. Although that completion date has passed, TDLR has not yet recorded a final inspection. Consequently, the current state of the site is not confirmed in the public record, and the project remains in a status of review complete rather than inspection complete.

The design firm of record is CDA Architects, which also handles other retail and grocery projects across the region, including locations in Houston, Tomball, and Sugar Land. The registered accessibility specialist for this specific filing is Jeromy G Murphy. This project is part of a broader development by Valley Ranch Town Center Holdings LTD, which also has a separate registered project for Tract 29 in New Caney valued at $4,180,300.

Local Context and Market Data

The building sits in ZIP code 77357, where the U.S. Census Bureau estimates the population at about 34,770 people. The median household income in this area is $73,773, and the median owner-occupied home value is $218,800. Nearby businesses include Academy Sports + Outdoors, Chili's Grill & Bar, PetSmart, Ross Dress for Less, and T.J. Maxx. A Facebook post by greatthingsemc referenced the project number and location, indicating local interest in the development. The Montgomery County unemployment rate was 4.8 percent in July 2026.