Prime Development Opportunity – 0 Star Lane, Katy, TX This 7.83-acre tract presents a rare chance to secure a high-visibility development site in one of Houston’s most rapidly growing and economically vibrant submarkets. Located at the intersection of Star Lane and Katy Fort Bend Road, with direct connectivity to Kingsland Boulevard, the property offers unmatched exposure, accessibility, and flexibility for a wide range of commercial, mixed-use, or specialty projects. Strategic Location Immediate access to Interstate 10 and Grand Parkway (SH-99) for regional reach Adjacent to Katy Mills Mall, Typhoon Texas Waterpark, and Memorial Hermann Katy Hospital — proven traffic drivers Surrounded by master-planned communities like Cinco Ranch and Bridgeland, supporting a growing and affluent population High-traffic corridor ideal for retail, entertainment, hospitality, or destination uses Unique Infrastructure Advantage This property benefits from a “Reimbursement Agreement – City of Katy” in which developers can fund essential infrastructure improvements — water, sewer, drainage, parks, recreational facilities, and roads — with the potential for reimbursement from Katy Management District No. 1 through bond sales or surplus funds. Key benefits include: Utilities and infrastructure designed to City of Katy, TCEQ, and County standards Staged construction options to align with phased development No impact fees or capital recovery fees — only standard connection and user fees Reimbursement rights assignable to lenders, enhancing financing flexibility Potential for “developer interest” reimbursement, creating additional returns Thriving Market Environment Katy is among the fastest-growing Houston suburbs, fueled by strong job growth and a family-friendly environment Average household income within 3 miles exceeds $90,000 Significant housing expansion underway, including build-to-rent communities and luxury master-planned developments Diverse demand drivers: retail, dining, entertainment, healthcare, and hospitality Surrounding Developments Katy Mills Mall – Over 175 stores, restaurants, and entertainment options attracting regional visitors Typhoon Texas Waterpark – Major seasonal and tourist attraction directly adjacent to the site Katy Boardwalk – Planned mixed-use project with a convention center, boosting regional appeal Katy Park – 32 baseball, softball, and soccer fields, drawing steady year-round traffic Memorial Hermann Katy Hospital – Anchoring healthcare demand in the area Ideal Development Uses High-profile retail or entertainment venues Mixed-use developments blending residential, retail, and lifestyle spaces Hospitality projects leveraging tourist traffic and event venues Flex-tech or office spaces serving Katy’s expanding business community Investment Highlights 7.83-acre raw land tract in a prime Katy location Rare infrastructure reimbursement framework to reduce long-term costs Strong demographics and consistent market growth Flexible development potential with high-visibility frontage Positioned in a pro-business jurisdiction with streamlined permitting Summary This site’s combination of strategic location, strong demographics, surrounding amenities, and unique infrastructure incentives make it an exceptional choice for developers looking to capitalize on Katy’s rapid expansion. Whether your vision is retail, entertainment, mixed-use, hospitality, or flex-tech, this tract provides the location, tools, and market support to ensure long-term success.