HOUSTON – (Realty News Report) – A New Urbanism influenced community with a strong focus on “non-automobile transportation” is now under construction in City Place, a north Houston development that will benefit from becoming the global headquarters of Exxon Mobil and Hewlett Packard Enterprise.
The 2,000-acre City Place – formerly called Springwoods Village – is a commercial and residential development located at the axis of the Grand Parkway, Hardy Toll Road and Interstate 45 in northernmost Harris County. City Place is developed by CDC Houston Inc., a subsidiary of Coventry Development Corp. of New York.
The new 400-acre residential section of City Place, is a joint venture of CDC Houston and Scottsdale, AZ-based DMB Development.
“This JV endeavor is the result extensive planning process to imagine what we anticipate will become one of the most talked about places to live in Greater Houston – focused on thoughtful design, pedestrian mobility, environmental protections and one-of-a-kind amenities,” said Warren W. Wilson, Executive Vice President of CDC Houston.
The developers have been developing a plan that will enhance the ability of residents to move through the community with bicycles and or electric scooters, or just walking.
Site preparation for Phase 1 of the 400-acre residential project has just begun. The Phase 1 will deliver roughly 520 single-family units across 160 acres. Participating home builders for Phase 1 are expected to be announced this summer, with residential product types and premier amenities revealed in late 2022.
City Place was buoyed by last month’s Hewlett Packard Enterprise campus debut and recent Exxon Mobil campus consolidation news. The 3 million SF Exxon Mobil campus has thousands of employees.
City Place has aa daytime workforce approaching 20,000 with other employers including HP Inc., Southwestern Energy, St. Luke’s Health and the American Bureau of Shipping.
May 4, 2022 – Realty News Report Copyright 2022
Image: Courtesy CDC
File: New Innovative Community Underway at City Place