MONTGOMERY, Texas – (Realty News Report) – The Pine Market town center of the 3,000-acre Woodforest community is maturing with the addition of more walkable retail in a park-like setting, two multifamily communities and new restaurants.
“We envisioned Pine Market to be a small-town Main Street where people from across the area could gather, dine and shop,” said Virgil Yoakum, Senior Vice President and General Manager of Woodforest, a Johnson Development community. “That vision is being realized and will only come into sharper focus in the months ahead.”
Located on 40 acres in Montgomery, north of Houston, Pine Market is anchored by the 40,000-SF Harvest Market.
Slated to open in Pine Market are Jeremiah’s Italian Ice, the Bespoke Cigar Lounge, Tosca Italian Gourmet and crafts supply store Echoed Art.
Two multifamily complexes are also opening in and near Pine Market in the coming months. The Lofts at Pine Market are urban-style apartments for people ages 55 and older. Located above first-floor retail, the 51 apartments will range from 560 to 1,411 SF.
Located across the street from Pine Market is The Vic at Woodforest, offering 300 apartments and amenities that include a pool with a swim-up bar, a clubhouse, fitness center, dog park and pickleball court. The Vic at Woodforest is developed by Hunington Residential, part of the Houston-based Hunington real estate firm led by Sandy Aron.
“This is our first multifamily here in Woodforest, and both complexes will offer upscale living and high-end architecture,” Yoakum said. “And with their locations in and near Pine Market, residents there can enjoy an urban type of experience plus all of the advantages of living in the suburbs.”
Also opening this summer, Yoakum said, is the much-anticipated Park at Pine Market. This gathering space will host an array of events, including concerts, yoga classes and more.
Woodforest, a project of Houston-based Johnson Development Corp., is a master-planned community surrounding Woodforest Golf Club, with homes priced from the $300,000s to more than $1 million.
Woodforest, which will have 5,000 homes at build-out, is five miles north of The Woodlands and six miles south of Conroe, about seven miles west of Interstate 45.
Mr. Larry D. Johnson
Johnson Development was founded in 1975 by Mr. Larry D. Johnson, who passed away in 2022. The firm has developed master planned communities in Houston, Dallas, Austin and Atlanta. Houston-area communities of Sienna, Woodforest, Cross Creek Ranch, Grand Central Park, Veranda, Harvest Green, Imperial, Edgewater, Riverstone, Cross Creek West, Jordan Ranch, and Tuscan Lakes.
Johnson was the key figure in creating the Pearland new-home market and taking advantage of the Highway 288 corridor south of Houston. In 1995, Johnson bought the unfinished Southwyck community in Pearland, and renamed it Silverlake. Prior to Silverlake, Pearland and the underutilized 288 Corridor did not have high-volume home sales. But Johnson, backed with investment dollars from Prudential, relaunched the project and focused Silverlake marketing on the easy commute offered by Highway 288 at that time. Homebuyers responded in droves. Pearland’s access to the Texas Medical Center, which has over 100,000 employees, was a winning selling point for homebuyers.
Since then, the 288 Corridor developed as a major market and numerous other developments occurred there, including the 3,000-acre Shadow Creek Ranch and many other communities, with big players like Hillwood, extending development far to the south to Highway 6 and beyond.
April 10, 2023 Realty News Report Copyright 2023
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File: Town Center Takes Shape
Rendering courtesy Johnson Development