ANNUAL
East Shore neighborhood west of the clubhouse. Construction to clear land and right of way began in December and will wrap up in the second quarter of this year, after which new home construction will begin, according to officials with The Howard Hughes Corp. 9 Cathedral Lakes Cathedral Lakes is under construction at the northwest corner of I-45 near Spring Creek. The 150-acre, mixed-use development is slated for completion in 2022 and will feature single- and multifamily housing options, medical
Harper’s Landing neighborhood. The K-6 school is expected to open in time for the 2019-20 school year in August. 7 AugustaWoods Village AugustaWoods Village is wrapping up construction along Kuykendahl Road near Augusta Pines Drive. The 8,700-square-foot retail center is already home to locations of Zazza Pizza Cafe, SubZero Ice Cream and Verizon. It will also feature a location of Chick-fil-A, slated to open this summer.
offices and a location for Northside Lexus as well as retail sites and restaurants, according to officials with Grace Woodlands Church, which owns the land. 10 Creekside ParkWest Construction on Creekside Park West, a 12-acre retail center located near Kuykendahl Road and West New Harmony Drive, began in December and is expected to be complete in late 2019. Officials with The Howard Hughes Corp. said the center will be anchored by a Moviehouse & Eatery and will also feature retail spaces and outdoor amenities.
5 Marcel TownCenter Marcel Town Center began opening to tenants in late 2018 and is slated to feature several restaurants, such as Noe’s Crepes Coffee & Tea, Tapped Drafthouse & Kitchen and World’s Burgers as well as shops, including Apricot Lane Boutique, which held a soft opening in mid-December, and The Adventure Begins Comics & Games, slated to open Jan. 21. 6 Suchma Elementary School Suchma Elementary School is under construction at 10261 Harper’s School Road, Conroe, near The Woodlands’
8 East Shore More homes will be added to the
2018 REAL ESTATEMARKET The Woodlands area residential real estate market saw slight decreases in home sales in six of seven ZIP codes.
NUMBER OF HOMES SOLD
AVERAGE HOME SALES PRICE
2017
2018
2017
2018
+6.9%
+4.1%
77384
+5.8%
-2.9%
+0.1%
+25.4%
1488
+2.2%
-6.1%
77382
-5%
-0.2%
-5.3%
-4.9%
77385
77381
-9.2%
45
-1%
77386
77389
77380
77380
77381
77382
77384
77385
77386
77389
77380
77381
77382
77384
77385
77386
77389
N
A SpecialtyReal Estate Brokerage with a LegendaryName Wishing all of you a Happy New Year and a Big Thanks from all of us at Beth Ferester & Company Realtors for making this a record breaking year. We hope you will choose us for your real estate needs in 2019. Let our success lead to yours when buying and selling real estate. Stop by today! 8522 Creekside Forest Drive The Woodlands, Texas 77375 281.367.4000 | Direct: 713.702.6334 Also, follow our weekly blogs at ferester.com
Visit www.ferester.com for additional information or email info@ferester.com
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The Woodlands edition • January 2019
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