Houston Business Journal staffer Paul Takahashi reports that national developer Newland Communities has submitted plans to the city of Houston for a new 3,600-acre master-planned community west of Houston, near Katy.
Houston has become a masterplanner's hive of activity in the past 18 month, with energy fueling the jobs economy, Exxon Mobil moving its headquarters campus, and The Woodlands--granddaddy of all MPCs in the area reaches its final months of building. Here's what Takahashi says of the frenzy:
Elyson will join four other Newland communities in the Houston metropolitan region: Cinco Ranch in Katy, Telfair in Sugar Land, Summerwood in Houston and Eagle Springs in Humble.
The Grand Parkway has spurred a flurry of new development in the suburbs of Houston. Earlier this year, local investors snatched up 621 acres near Elyson for a new development, and Houston-based Johnson Development announced plans to build a new master-planned community on 1,300 acres at the intersection of the Grand Parkway and West Airport Boulevard in Fort Bend County.