Pulte Homes and Friendswood Development Co. have partnered to develop a 175-acre entry-level new home community in the north Katy, Tex. area. The Katy Crossing community will contain more than 600 homes on 40- and 50-foot wide lots, with prices expected at about $190,000 and up.

Both Pulte and Lennar are signed on to build at Katy Crossing. Initial lots will be delivered in the fourth quarter and model homes are expected to open in January. The community will feature greenbelt trails, a splash pad, and pocket parks.

"Katy Crossing will fill the demand for a popular price range in the north Katy area," Friendswood Development Co. senior acquisitions manager Sawyer Blackburn said in an announcement. "Both Pulte and Lennar have had individual successes in this area offering new homes in a comparable price range and both builders are looking forward to working together in this venture."

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