394
KATY, TEXAS — NewQuest Residential will begin construction on a $62 million development in the Houston suburb of Katy this September. The property is located on an 11-acre site in the Grand at Aliana shopping center. The project will comprise 294 units across 11 residential buildings, as well as a clubhouse. Units will come in studio, one-, two- and three-bedroom floor plans. Amenities will include a pool, fitness center, business center with co-working space and conference room, event space, grilling stations, an outdoor lounge and a dog park. Humphreys & Partners of Dallas designed the project. The general contractor has yet to be named. The community is slated for completion in June 2025.