This Week in Houston Real Estate: Walton Group acquires 1,445 acres of land for new master-planned community

by Rincey Abraham

Photo source: The Howard Hughes Corporation

David Weekley Homes will be the builder of the final two phases of the Lakeland Heights neighborhood at Bridgeland. Three collections of home sites will be available in the neighborhood, with the new sections expected to debut in early 2018, according to a press release. The neighborhoods will have a walkable streetscape that blends with the community’s proximity to Lakeland Village Center and the new park will have both adult and children’s activities including bocce ball, corn hole, a playground and picnic pavilion.

In other Houston real estate news:

  • The first residents have begun to move into the new master-planned community Parkland Village at Bridgeland. The MPC is located in northwest Houston. Beazer Homes was the first homebuilder to at Parkland Village in September and several other builders — including Coventry Homes, David Weekley Homes, Lennar, M/I Homes, Taylor Morrison, Trendmaker Homes, Village Builders and Westin Homes — will join later this year with the grand opening scheduled for early Spring 2018, according to BuilderOnline .
  • Lane Pearson of Better Homes and Gardens Real Estate was named the Houston Association of Realtors/Fort Bend County Outstanding Realtor for 2017. As a top-producing agent since 1991, Pearson was recognized for her leadership and support in the local community, according to a press release.
  • The Walton Group of Companies announced this week that it acquired a 1,445-acre land tract about 25 miles south of Houston for a new master-planned community. The currently proposal has more than 2,500 single-family lots and will include schools, neighborhood commercial and open recreational spaces. This is the Walton Group’s entry into the Houston market. Its location will be near Highway 288 and run adjacent to the future expansion of the Grand Parkway, which will allow future residents to have access to major employment centers including the Texas Medical Center, William P. Hobby International Airport, Port of Houston, the Houston Energy Corridor and the Central Business District of Houston, according to BuilderOnline.

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