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Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

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🔨 New Mixed-Use Development in Katy: Elyson Town Center 🏗️

🚀 Katy TX Grows with Elyson Town Center! 🏡

Bill Rapp, Commercial Mortgage Broker

September 26, 2024•3 min read

🚀 Katy TX Grows with Elyson Town Center! 🏡

🔨 New Mixed-Use Development in Katy: Elyson Town Center 🏗️

🏙️ Elyson Town Center: Transforming Katy, TX by 2025 🌟Katy, Texas, is on the verge of a major transformation with the upcoming Elyson Town Center, a mixed-use development set to open in 2025. This ambitious project, located at the bustling corner of the Grand Parkway and FM 529, promises to be a game-changer for the area, providing residents with unparalleled convenience and a vibrant community hub. 🛍️🏠

A Glimpse into the Future: What Elyson Town Center Will Offer 🔮

Construction of the Elyson Town Center kicked off this summer, and progress is well underway. The development will feature 11 buildings, offering a mix of retail, dining, residential, and office spaces. With 195,000 square feet of space, the center is designed to cater to the growing needs of the Elyson neighborhood and surrounding areas. 📈

Several businesses have already secured their spots in this highly anticipated development. Among the first to sign leases are:

🍩 Shipley Do-Nuts: A beloved local favorite, offering delicious pastries and coffee.
🍹 Smoothie King: Providing health-conscious smoothies and snacks.
🍣 Akashi Sushi: A premier destination for sushi lovers.

But that’s not all—more businesses are close to sealing the deal. Keep an eye out for announcements regarding Chipotle, Deca Dental, and First Watch, which are expected to join the lineup soon. 🌯🦷🍳

Mixed-Use Design: A Modern Community Hub 🏙️

One of the standout features of Elyson Town Center is its mixed-use design. Four of the buildings will include second-story apartments, each housing 12 to 13 units. This blend of residential and commercial spaces is set to create a dynamic and walkable community atmosphere, where residents can enjoy the convenience of living steps away from shopping, dining, and entertainment options. 🏡🚶‍♂️

Additionally, one building will offer office space on its second floor, catering to local businesses and professionals. All buildings will feature retail spaces on the ground floor, making Elyson Town Center a true one-stop destination for all your needs. 💼🛒

Elyson: A Growing Community with Big Plans 🌱

The Elyson neighborhood, developed by Brookfield Properties, has been steadily growing since its inception in late 2016. According to Heather Gustafson, Marketing Manager at Brookfield Properties, the new shopping center is a vital addition to the community, designed to meet the increasing demand for retail and services as the number of homes in Elyson is projected to double from just under 3,000 in 2024 to 6,000 by 2029. 🏘️📊

“[The shopping center is] just giving all of our residents the opportunity that they don’t have to travel far for all of the conveniences and shopping that they’re looking for,” Gustafson remarked. 🚗🛍️

With more space still available, Elyson Town Center is poised to attract even more retailers, ensuring that the center will continue to grow and evolve to meet the needs of this expanding community. 🏗️🔜

Looking Ahead 🌅

As Katy continues to develop, projects like Elyson Town Center are setting the stage for a more connected and convenient lifestyle for its residents. With its strategic location, diverse offerings, and commitment to serving the community, Elyson Town Center is set to become a cornerstone of Katy’s future. 🌟

Stay tuned for more updates as this exciting development progresses. Whether you’re a resident of Elyson or a nearby community, Elyson Town Center is sure to bring new energy and opportunities to the area, making it a must-visit destination in 2025 and beyond. 🎉🏡

I’m an experienced Commercial Real Estate Mortgage Broker, please feel free to reach me at 281-222-0433.

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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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