The first and largest phase of the master-planned community Meridiana, outside Houston, is nearing completion, according to Paul Takahashi of the Houston Business Journal.
Rise Communities LLC, the project’s developer, has delivered 450 home lots to eight home builders so far. David Weekley Homes, CalAtlantic Homes, Highland Homes, Perry Homes, Plantation Homes, Shea Homes, Taylor Morrison Homes and Trendmaker Homes finished building 12 model homes, ranging in price from the $230,000s to the $500,000s.
The community should open in the spring, but over the next decade, Rise Communities plans to develop between 5,000 and 7,000 homes in the 2,700 acres of Meridiana in Iowa Colony and Manvel, Texas.
Meridiana, which broke ground in spring 2015, is Rise Communities’ second master-planned community in the Houston area. Last year, the developer opened Cane Island, a 1,000-acre master planned community in Katy, [Texas].