There's an update on this! Late last month the entity behind it (7200 Main Corp.), purchased the last remaining parcel for the project.

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The school currently on site has announced they will move to a new location on or before Dec. 2018

From their FB Page:

Taeken, Ltd. is purchasing a 46.82 Acre tract on South Main next to the Menninger Clinic for the purpose of developing a new campus for Saint Nicholas School, in the midst of a nature related multi-use and multi-generational community. It is a wooded tract with a planned lake and nature theme. Nature trails, biking, and golf cart paths are planned, according to Margot Heard, General Partner. CDA Architects, Ray A. Duerer, President, are the architects for the project.

THE SCHOOL
The anchor school site will be developed on 25 acres with a planned building of 38,000 sf, including a gym and chapel. The classrooms will have individual courtyards. The planned enrollment is 375 students through middle school. The school is designed to be small for personal attention and quality of teaching.

The main school garden will be based on the 18th century English gardens, a ferme ornee, or “ornamented farm”. This farm concept is classical from Roman times and Thomas Jefferson took these ideas from English gardens to Montecello.

The school will have fields for elementary and middle school students for soccer, baseball, softball, lacrosse, track and field, and cross-country. The gym will provide space for basketball, ballet, tennis, and martial arts. Facilities can be made available to other private schools and homeschool groups.

The chapel will seat 250 and will be designed to support a Choir School of students and faculty in the English tradition. Daily sung services will be available to the community. A pipe organ is being designed and built for the chapel by Fritz Noack in Andover, Massachusetts. The organ will have a glassed interior wall with walk-through space for students, organists, and visitors to see the working parts of the organ. Only one other organ in the world, located in the Netherlands, is known to have this feature.

CONDOMINIUM AND SINGLE FAMILY HOMES
A developer will offer mid-rise Condominium space with valet parking, package handling, and other personal services. Single family townhomes will offer garden layouts, playgrounds, pools, and a pet park.

MULTI-USE SPACE
Multi-use space will be available for restaurants, professional offices, retail, and multi-family. Included will be a small indoor Farmer’s Market featuring fresh produce and eggs, as well as Certified Grassfed Beef from the Lazy A Ranch, from both British White and Akaushi cattle. Cooking demonstrations and activities will be offered.
Currently in design, the project is scheduled to open the new Saint Nicholas School campus on or before December, 2018.
 
Feb. 2019 Update:


SAINT NICHOLAS SCHOOL ANNOUNCES INTERIM CAMPUS
The current SNS campus at 1920 North Braeswood will not be available beginning in June, 2019. The property was sold in 2015 and the owners will be proceeding with development.
 

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