7
subdivisions
League City has 17 subdivisions either in design or development or under construction. Most of the subdivisions are on the city’s undeveloped south side.
5
3 14
How developed are League City subdivisions?
Bay ColonyWest
1
93.7%
10
Bay Colony
2
LEAGUE
4
13
97.8%
7
Beacon Island
3
45
6.1%
Coastal Point:
4
N
17
0%
646
15
SOURCE: CITY OF LEAGUE CITY/COMMUNITY IMPACT NEWSPAPER
9
11
Cypress Bay:
5
63.4%
12
Duncan:
6
0%
ordinances. Goza’s company owns about % of the southeastern portion of the Duncan tract. The company will develop about , homes in the Pedregal subdivi- sion in that section over the next several years, Goza said. “A lot of the land out there is wide open,” Hoover said. “The opportunities out there are great.” As a result of demand and opportuni- ties, Hoover said the new-housing mar- ket is in a good spot and will continue to climb. “I think we’ll continually start to go up,” Hoover said. Goza agreed, citing lower interest rates. “Right now, we’re on a pretty good uptick,” he said. HOUSINGMARKETWOES Despite the strong housing market now, it has not always been that way in League City. City ocials have seen the housing market rise and fall with hurri- canes, the economic downturn of and other challenges. Before the recession, developers were starting construction on , to , new homes a year. It dropped to about around and grew to about to , before dipping again aer Hur- ricane Harvey, League City City Manager John Baumgartner said. Developers used to ready - lots at a time, and builders would come in and build that many houses at once. Nowadays, some developers have scaled back and develop only lots at a time to mitigate risk, he said. Developers save money but also take
8
6
16
1 2
8
Hidden Lakes:
7
91.6%
Lloyd*
8
0%
Magnolia Creek:
9
95.4%
thing,” he said. League City is also close to Hobby Airport, the Johnson Space Center and Clear Lake and is within Clear Creek ISD, a school district lauded for its high qual- ity, Hoover said. “We’re in the right place [at the] right time. We’re the next natural growth ring within that Houston corridor,” Hoover said. “We’re the center of the universe.” With the city’s growth comes a demand for new housing, and the city and developers are taking advantage of the opportunity. At least subdivisions comprising thousands of acres and evenmore home sites are either in design or development or under construction across League City. Most of them are located on League City’s south side, particularly the unde- veloped southwest portion of League City where the Grand Parkway exten- sion, still years away, is planned. In particular are three family-owned parcels: the Lloyd, Duncan and McAl- ister tracts, all of which are the biggest single potential residential develop- ments remaining in League City. There are preliminary plans to turn these , acres on the southwest side into planned-unit developments, which Goza said are basically zoning districts that allow developers to ask the city for special considerations for building
residents by the time the city is built out by , but that is not necessarily the goal. City leaders want to diversify opportunities and attract oces and businesses to the city to supplement the cost of its rapid growth. “If you have all single-family houses, you’re in trouble,” said David Hoover, League City’s director of planning and development. EXPLOSIVEGROWTH In , League City had a popula- tion of about , people. In nearly years, it has grown to a population of over , , a growth of more than , residents since , and it is not slowing down. The city still has about , acres of undeveloped land that make up about % of the entire city. City leaders and developers said League City’s strategic location makes it attractive to homebuyers. The city is about halfway between Houston and Galveston, two popular destinations for work and entertainment. It is not uncommon for a married couple to live in League City with one spouse work- ing at the Medical Center and the other working at the petrochemical plants in Texas City, said Tracy Goza, the pres- ident of Lingo Properties, a Bay Area- based development company. “Location is the most important
MarBella:
10
93.4%
Sedonna:
11
100%
Sedonna 6:
12
0%
Tuscan Lakes:
13
98.3%
Veranda Townhomes:
14
19.7%
Victory Lakes:
15
94.8%
Westland Ranch:
16
0%
Westwood:
17
47.6%
CONTINUED FROM 1
undeveloped rice elds. Developers have plans to convert thousands of acres into planned-unit developments com- plete with commercial, retail, restau- rants, entertainment and other attrac- tive amenities in addition to hundreds of homes. League City has a population of about , . At the rate the city is going, ocials expect to have close to ,
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