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Hines, with partners Trez Capital, Caravel Ventures, and Sumitomo Forestry, has announced the close of 850 acres in Houston to be developed into master-planned community Brookewater. On varying lots sizes, Brookewater will consist of roughly 2,400 single-family homes.

Phase one of Brookewater will consist of approximately 400 lots with homes to be built by Highland, Perry, David Weekley, Gehan, Chesmar, and Westin Homes. The homes will be a variety of sizes and styles. The community also has a planned school site and expansive amenities including 200 acres of parks, recreation, open space, walking trails, playgrounds, and lakes.

“Houston continues to be a major employment hub in Texas, and home buyers are seeking homes in strong school districts that are in close proximity to the city," says Rob Witte, senior managing director at Hines.

"As one of the largest master-planned communities in Rosenberg, Brookewater will be essential in meeting the demand for lot inventory and top-tier residential amenities for Houston’s rapidly growing population. We look forward to working alongside our partners given their unique and valued perspectives in single-family development.”

Located in the Rosenberg suburb, the community offers direct access to Greenway Plaza and downtown Houston. The Fort Bend Transit System is 5 miles away, and commuters can use the shared-ride service for Rosenberg residents that offers weekday service to the TMC, Greenway Plaza, and the Galleria.

Brookewater is Hines’ largest lot development project in Houston since First Colony, its 9,700-acre master-planned community in Sugar Land, Texas. Previously, Hines has partnered with Trez Capital, Caravel Ventures, and Sumitomo Forestry for Mirador, a master-planned community in Austin.

Construction is anticipated to begin this year, with the first phase expected to deliver in 2024.