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Category Archives: New Development

James Avery Jewelry Building Factory, Hiring 360 in Kerrville, Texas

KERRVILLE, Texas—James Avery, a family-owned jewelry retailer, announces plans to build a 53,600 square foot production facility on 30 acres just across from the Kerrville Municipal Airport on Highway 27 in Kerrville, Texas. The new facility is scheduled to be completed in the summer of 2016. Kerrville is located northwest of San Antonio in the Texas Hill Country. The company ... Read More »

New 2,700-acre Community on 288 Corridor South of Houston to Break Ground in 2015

HOUSTON – Rise Communities is planning a 2,700-acre master planned community near Highway 288, about 20 miles south of Houston. The project, called Meridiana, is projected to have more than 1,300 acres for single-family home building, more than 60 acres for commercial, about 25 acres for multifamily and other significant development. Rise Communities, based in Henderson, Nev., anticipates having Meridiana ... Read More »

More Office Space Planned in LaCenterra as Demand Verified on the Grand Parkway in Far West Houston

HOUSTON – Developers are ramping up plans to build more office space in the LaCenterra at Cinco Ranch following strong preleasing in Phase III of the LaCenterra of Cinco Ranch on the west side of Houston. The project is being developed by a partnership of Vista Cos., which is a Houston company led by Woody Mann, and Denver-based Amstar. Transwestern ... Read More »

Camden Planning a Pair of High-Rise Towers in Downtown Houston

HOUSTON – Camden Property Trust, a Houston-based REIT led by Ric Campo, is planning two high-rise residential towers in downtown Houston. The apartment towers will be built near the Toyota Center on two blocks bounded by Austin, La Branch, Pease and Bell. Camden is planning to construct a pair of 20-story buildings, each containing 550 units. The first building is ... Read More »

DATELINE HOUSTON: Oil Prices and Real Estate

HOUSTON – Texas real estate will be unscathed by the significant decline in oil prices this fall, although the topic is getting a lot of buzz in Houston, known as the “Energy Capital of the World.” Oil prices are a sensitive topic here. Houston was the place where the battle cry of the business community once was “$90 in ‘90” ... Read More »

Two Valencia Hotels Planned for College Station Mixed-Use Project

COLLEGE STATION – Midway Cos. has broken ground on a 60-acre mixed-use development with two hotels, office space, apartments, retail outlets and restaurants. The project, called Century Square, will be located across the street from the Texas A&M University campus in College Station. Century Square will have two full service hotels, The George (160-rooms) and Cavalry Court (140-rooms), developed in ... Read More »

Howard Hughes Developing Two Condo Towers in Hawaii

HONOLULU – Howard Hughes Corp. has secured a $600 million non-recourse construction loan from Blackstone Real Estate Debt Strategies for the development of Waiea and Anaha, the first two condominium towers at Ward Village. The financing was arranged by Randy Fleisher with the Dallas Capital Markets group of JLL. The two condo towers will have a combined total 482 units, plus retail space. ... Read More »

Home Builder Buys 127 Acres in Redevelopment of Historic Imperial Sugar Campus

SUGAR LAND, Texas – Meritage Homes has purchased 127 acres in Imperial Sugar Land, a redevelopment mixed-use of a historic sugar production campus of a well known brand name in sugar. Imperial Sugar Land, is now a 716-acre master-planned community by Johnson Development Corp., just southwest of Houston.  Imperial Sugar Co., the oldest continuously operating business in the State of ... Read More »

RNR Apartment Briefs from Around the Nation

HOUSTON – Marquette Cos. of Chicago will break ground this week on a 28-story apartment tower in downtown Houston on Texas Avenue between Austin and LaBranch, near the Astros’ Minute Maid Field. The project, called Catalyst, will have 361 units. Hines, Trammell Crow and Finger Cos. – and others – have projects underway in downtown Houston. RALEIGH — Greystone acquired ... Read More »

Toll Brothers Developing 692-acre Community Near New Exxon Mobil Campus North of Houston

HOUSTON – Toll Brothers is developing the 692-acre Woodson’s Reserve community north of Houston on the route of the new extension of the Grand Parkway – not far from the new 385-acre Exxon Mobil campus. Three home builders, Toll Brothers, Perry Homes and Meritage Homes will open for pre-sales in Woodson’s Reserve in early 2015. The site is on Riley Fuzzel Road, ... Read More »

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