Frost Financial Center - Fulshear in Katy, TX

Frost Financial Center - Fulshear is a new construction project for a 5,336 sq ft, one-story financial branch located at 6525 FM 1463 Rd. in Katy, Texas. The filing specifies ground-up construction including utilities and site modifications, with an estimated cost of $9,000,000. This places the project's estimated cost in the top quarter of new construction filings in Fort Bend County, where the median estimated cost is $700,000.

The project is owned by Ross Wood, who has six other TDLR-registered Frost Financial Center projects totaling $52,090,000. O'Connell Robertson serves as the design firm of record, a firm that has registered six other projects totaling $38,034,222. The registered accessibility specialist for this build is James A Rickard.

Construction Timeline and Status

TDLR completed plan review in August 2026. The filing indicates construction is scheduled to finish in May 2027, with work starting in October 2026. This scheduled build window of 205 days is close to the county median of 199 days for new construction projects. The TDLR status for the project is Review Complete, and it was registered in June 2026.

The project is privately funded, on private land for private use. The estimated cost per square foot is $1,687, which is above the county median of $100 per square foot. This financial investment supports the construction of a new branch facility in the Katy area, specifically within the ZIP code 77494 region.

For context, the U.S. Census ACS 2022 five-year estimates for ZIP 77494 indicate a population of about 130,920, a median household income of $144,444, and a median owner-occupied home value of $420,100. The housing stock in this area is predominantly owner-occupied, with 42,520 housing units recorded. These demographic figures provide a snapshot of the community where the new financial branch will be situated.

The project details are specific to the construction phase and do not indicate that the business is open or operating. The focus of the record is on the physical construction of the 5,336 sq ft facility, the involvement of the named owner and design firm, and the regulatory status with TDLR. The completion date on the filing is May 2027, aligning with the scheduled finish date.