Real estate
BY AUBREY VOGEL
3K-acre master-planned community coming to Fulshear
A new master-planned community is set to bring more than 7,000 homes to Texas Heritage Parkway in Fulshear. The big picture The 2,951-acre development by Hines, a global real estate investment company, will feature single-family homes in a variety of lot sizes by eight homebuilders, according to a Jan. 23 news release. The development, which has yet to be named, will be located at the corner of FM 1093 and Texas Heritage Parkway, which Hines will be responsible for extending from its end just south of FM 1093 to Winner Foster Road, according to the release. This marks one of Hines’ largest land purchases for a single-family development, according to the release. No commercial or multifamily sites are planned for the acreage, Hines officials said. The details Homebuilders for the community include Toll
Brothers, Perry Homes, Highland Homes, Village Builders/Lennar Homes, Dream Finders Homes/ Coventry Homes, Westin Homes, Newmark Homes and Beazer Homes, according to the release. Hines officials said future students will be zoned to Lamar CISD, which demographers expect will gain more than 19,600 new students over 10 years. In their own words “This submarket has been ranked the second-fastest growing city in the U.S. for the last two years, making it a prime market to deliver high-quality and unique housing options,” Rob Witte, senior managing director, head of residential land development and self-storage for Hines, said in the release. What’s next? Construction is expected to begin in early 2025, with the first lots delivered in 2027, according to the release.
TEXAS HERITAGE PKWY.
1093
359
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Community features +7,000 homes
2,951 acres
800 acres of lakes, green space and trees
Bike and hiking trails
5-acre recreation center with a resort-style water feature, large playground and clubhouse
SOURCE: HINES/COMMUNITY IMPACT
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