Westside Development
Retail
I-10 Katy Freeway @ Grand Parkway
www.cinemark.com
Grand Parkway Flyer

Westside Development I-10 Katy Freeway @ Grand Parkway In 1995 an Interfin partnership acquired the Westside site: 757 acres of land in the heart of rapid growing West Houston. It is located on the Katy Freeway (1-10 West) between Mason Road and the Grand Parkway. Situated amid some of Houston’s most desirable communities (Williamsburg, Cinco Ranch, Cimmarron and the town of Katy) the development site is large enough to accommodate a large retail center, restaurants, as well as office, specialty retail, warehouse distribution facilities and multi-family residential.

In 1998, Interfin sold 159 acres to a joint venture led by Simon Property Group for the purpose of building a 1,000,000 square foot mall. The peripheral of the mall is currently under construction with the JC Penney store now open. In preparation, Interfin constructed over 2 miles of roads and all necessary infrastructures. Adjoining this site, Interfin developed a Cinemark Tinseltown 19-screen movie theatre, with 4,000 seats and approximately 1,400 parking spaces. The theatre and some adjoining land was later sold to New Quest Properties in 2007.

In 2004, Interfin donated 35 acres for the building of Pope John XXIII Catholic High School and also sold 40 acres to Memorial Hermann Hospital System for the development of a hospital and professional office building.

Also in 2007 approximately 11.9 acres was sold to Blazer to build an independent living center, 33.6 acres was sold to Pathfinder Energy and 53.2 acres was sold to Kickerillo and Sueba to build a multi family and residential development.

Currently 60 acres of the land owned by Interfin is under construction with the infrastructure for the development of an office park. The first building under development in the Westside Office Park is Duke Realty’s building for Det Norske Veritas which is scheduled to open in the Winter of 2009.