Grand West Central-Building 4

EastGroup Properties, LP is developing a new 68,498-square-foot industrial shell building at 22727 Peron Meadow Drive in Katy, Texas. The project, designated as Building 4 within the Grand West Central complex, is a ground-up construction effort designed for future office and storage use. With an estimated cost of $6,157,000, the development represents a significant investment in the area's commercial infrastructure, translating to a computed cost of $90 per square foot.

Construction Status and Timeline

The project is in the active construction phase. Work began in May 2026, following the completion of plan review by the Texas Department of Licensing and Regulation (TDLR) in June 2026. The filing indicates that construction is scheduled to finish in February 2027. This timeline reflects a build window of approximately 262 days, which is close to the county median of 219 days for similar new construction filings in Harris County.

Method Architecture serves as the design firm of record for this project. The scope of work is strictly defined as a one-story industrial shell, emphasizing structural integrity and flexibility for future tenants. The registered accessibility specialist for the project is Kathy S Rodriguez. The project is privately funded and located on private land, ensuring that the development proceeds according to the specific requirements of the owner and design team.

Regional Context and Ownership

EastGroup Properties, LP has a substantial portfolio of TDLR-registered projects, including six other developments totaling over $20 million. These include facilities in Houston, Buda, Fort Worth, and Pflugerville. Method Architecture also has a diverse portfolio, with projects in Dallas, Austin, and Brookshire. The presence of these established firms suggests a high level of professional oversight and adherence to state construction standards.

The location in Katy, within Harris County, is part of a broader trend of commercial development in the region. The estimated cost of $6,157,000 places this project above the median estimated cost of $750,000 for new construction filings in the county, indicating a larger scale of investment. The $90 per square foot cost is close to the county median of $88, suggesting efficient use of resources relative to the local market.

Residents and businesses in the 77449 ZIP code can expect this new facility to contribute to the local economic landscape. The project is registered with TDLR and has completed the necessary plan review stages, ensuring compliance with state regulations. The focus on accessibility and professional design underscores the commitment to creating a functional and compliant commercial space for future use.