A new $60 million residential community is on deck for New Caney, with plans calling for a 15‑building project dubbed The Crossing at Big Rivers about a mile from Big Rivers Waterpark & Adventures. The proposal would bring roughly 342 homes and a sizable clubhouse to a site along State Highway 242 that developers have circled for years because of its proximity to the entertainment complex. According to recent state filings, it is one of the largest concentrated housing bets so far inside the broader Grand Texas footprint.
Project details and timeline
Records submitted to the Texas Department of Licensing and Regulation describe the project at 24101 Big Rivers Road as 15 three‑story residential buildings totaling about 125,740 square feet of building area and accommodating 342 units. Plans also outline a one‑story, 7,400‑square‑foot clubhouse, a 770‑square‑foot maintenance building and a 199‑square‑foot cabana. The filing pegs the estimated cost at roughly $60 million and targets a construction start in February, with work scheduled to continue through late January 2029. Katy‑based Investwell Architects is listed as the design firm and Jet Lending LLC as the owner, according to the Houston Chronicle.
Who’s behind the plan
Investwell Architects, named in the TDLR filing, appears in industry directories as a Katy‑area architecture firm with active Texas licensing that aligns with the design credit in the paperwork, per BuildZoom. Jet Lending LLC, listed as the owner, operates as an asset‑based lender with a Houston presence and an FM‑1960 address on its company site. Those listings help flesh out the parties tied to the proposed development, although they do not by themselves indicate that construction financing has closed or that a general contractor is in place.
A mile from the waterpark
The proposed community sits about a mile from Big Rivers Waterpark & Adventures, which bills itself as a combined waterpark and adventure venue featuring slides, a lazy river, a wave pool, ziplines, obstacle courses and seasonal fairground rides, according to Big Rivers Waterpark. Recent press materials for the park tout new attractions geared toward extending its year‑round appeal, a pitch that developers often lean on when promoting nearby housing. That cluster of rides and recreation is likely a key part of the marketing story for The Crossing at Big Rivers.
How it fits into the Grand Texas picture
The Crossing at Big Rivers is slated inside the larger Grand Texas district, a roughly 632‑acre assemblage that was originally marketed for shopping, entertainment and a major amusement‑park anchor, but the broader vision has encountered multiple delays. As the Houston Chronicle reports, certain pieces of the district have opened over the past decade, while the full amusement‑park anchor and overall timeline remain uncertain as of mid‑June 2026.
For now, the TDLR filing functions as an early marker for the project and is still subject to revisions during state review and local permitting. If the current schedule holds, the development would inject hundreds of new homes into an area that is still defining itself around tourism and entertainment. Expect more clarity as permit records, site plans and additional filings work their way through the approval pipeline.
