KATY, Texas – Rise Communities is developing a 1,000-acre site in Katy into master-planned community to be known as Cane Island, a master-planned community with 2,000 new homes priced from the $200’s to the millions.
Named after the 1872 settlement which later became Katy, the Cane Island master-planned community will be accessible from Interstate 10 at the new Cane Island Parkway interchange, scheduled to open in mid-2015. The four-lane, north-south boulevard, less than four miles west of the Grand Parkway, will serve as the entry to Cane Island and the major thoroughfare through the community to Morton Road.
Dan Naef is president of Rise Communities. Homebuilders in the project include Coventry Homes, David Weekley Homes, Perry Homes, Ryland Homes, Shea Homes, Toll Brothers and Trendmaker Homes.