Shell Building Tract 5 in Katy, TX

Katy Grand is a 10,396 sq ft new shell building planned for 23315 Grand Circle Blvd in Katy, Texas. The project, identified in the TDLR filing as Shell Building Tract 5, is a privately funded development on private land. The owner of record is A-S 98 NEC Grand Pkwy-IH 10W, LP. Construction is targeted for September 2027. This new construction effort includes site work and is registered with the Texas Department of Licensing and Regulation. The estimated cost for the build is $1,700,000, which works out to $164 per square foot.

Design and Scope

Osborn & Vane Architects, Inc. is the design firm of record for this project. The scope of work is defined as a new shell building and associated site work. Ernest G Taylor is the registered accessibility specialist associated with the filing. The construction start date is listed as January 2027, with a scheduled completion date of September 2027. The total scheduled build window is 272 days, which is close to the county median of 221 days for similar new construction filings.

The estimated cost of $1,700,000 is above the Harris County median for this type of work, which stands at $750,000. The $164 per square foot cost is also above the county median of $88 per square foot. The size of 10,396 sq ft is larger than the county median of 9,000 sq ft. Osborn & Vane Architects, Inc. has six other TDLR-registered projects in the region, with a combined value of $17,635,000. These include projects in Houston, Pflugerville, Magnolia, Webster, and Humble. The firm’s portfolio includes both completed reviews and registered projects, indicating an active presence in the Texas construction market.

Local Context

The project is situated in ZIP code 77449, which has a population of about 123,042 according to U.S. Census ACS 2023 five-year estimates. The median household income in this area is $85,934, and the median owner-occupied home value is $236,400. There are approximately 40,773 housing units in the ZIP code, with housing being predominantly owner-occupied. The Harris County unemployment rate was 5 percent in August 2026, which is lower than a year earlier. This economic context provides a backdrop for the private investment in new commercial or industrial shell space in the Katy area. The registration status is Project Registered, and plan review is pending following the October 2026 registration date.

The specific location at 23315 Grand Circle Blvd places the development in a suburban part of Harris County. The private funding nature of the project means it is not subject to public funding restrictions, allowing for a straightforward build process. The inclusion of site work in the scope suggests that the infrastructure will be developed alongside the shell structure. The accessibility specialist’s role ensures that the design meets state standards for accessibility. The project’s registration in October 2026 marks the formal start of the regulatory process, with the physical construction expected to begin in January 2027.