Lake Houston - Humble - Kingwood Edition | September 2021

ON THE HORIZON A number of developments are underway in East Montgomery County near the Grand Parkway, bringing new retail shops, restaurants and jobs to the area.

seven parcels of land directly touch- ing Grand Parkway Segment G are expected to bring a total of 1,526 new homes from 2019-23, according to a 2019 study for New Caney ISD by the Population and Survey Analysts demo- graphics rm. Eight land parcels are predicted to bring another 2,855 homes to the area from 2023-28. The Signorelli Co. is in the process of further developing Valley Ranch with construction underway on 1,500 single-family homes and several multi- family complexes, Signorelli Co. Presi- dent Danny Signorelli said. “As the highway continues to expand, commutes will only get quickerwithmore families and individ- uals expected to relocate to the region, allowing for Montgomery County to double in size by 2035,” Signorelli said. In February, Signorelli announced it would be investing $25 million to build upon 700 acres to create additional retail and residential properties over the “next several years.” The development will consist of six connected districts, including a marketplace, which is currently under construction; a medical district, which broke ground in October 2020; and an entertainment district. About 6 miles west in Porter, Caldwell Cos. and David Weekley Homes are developing a 2,310-acre master-planned community dubbed The Highlands. The community will consist of single-family homes, of which 18 will be exclusively available to homeowners age 55 and older. Construction on the 4,000-home development began in August and will likely continue for several years as the community expands, said Peter Barn- hart, Caldwell VP of Land Develop- ment. Construction on model homes for the community has already been completed, however, and houses can be purchased starting at $290,000, according to a June 21 news release.

1 Valley Ranch expansion Location: 21639 Valley Ranch Crossing Drive, Porter Opening: TBD New homes: 1,500 single-family units 2 The Highlands Location: 21711 Grayson Highlands Way, Porter Opened : September New homes: 4,000 single-family units 3 Amazon delivery station Location: intersection of Hwy. 59 and Kingwood Drive in Porter Opening: rst quarter 2022 New jobs: 200 (part-time and full-time) 4 Lowe’s Distribution Center Location: 18777 E. Industrial Parkway, New Caney Opening: Sept. 30 New jobs: 200 5 East Montgomery County Improvement District Industrial Park Location: FM 1485 West and Gene Campbell Road Opened: November 2001 New jobs: depends on development

Tenants coming soon: DriftTX, MultiSeal, Hallmark Mitigation & Construction, The Pallet Guys, E9 Capital, Verde Global and Spring Show Supply

E. INDUSTRIAL PKWY.

4

500 acres

5

1314

1488

VALLEY RANCH BLVD.

1.5 million square feet

1

99 TOLL

700 acres

99 TOLL

Coming soon: Entertainment district, medical district, marketplace and residential options

2

GRAYSON HIGHLANDS WAY

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PHOTOS BY EMILY LINCKE COMMUNITY IMPACT NEWSPAPER

59

494

N O R T H P A R K D R .

140,000 square feet

3

2,310 acres

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SOURCES: TEXAS DEPARTMENT OF TRANSPORTATION, EAST MONTGOMERY COUNTY IMPROVEMENT DISTRICT, AMAZON, SIGNORELLI CO., CALDWELL COS., LOWE’S COMPANY INC.COMMUNITY IMPACT NEWSPAPER

from Hwy. 59 to Hwy. 90 and Segment I-1 running southeast through Liberty and Chambers counties to Segment I-2A near Mont Belvieu. The $855 mil- lion project is expected to be com- pleted in spring 2022. Incoming development along the Grand Parkway is expected to provide thousands of newhomes andhundreds of jobs to the area. Signorelli Co. already owns the 1,400-acre Valley Ranch master-planned community at Grand Parkway and Hwy. 59 that will include 1,500 single-family homes, more than 1,000 multifamily residences

and a town center with restaurants and retailers upon completion. The developer announced a 700-acre expansion in February. Meanwhile, The Highlands, a 2,310- acre master-planned community at the Grand Parkway west of FM 1314 that began selling in September. In addi- tion, Lowe’s and Amazon are open- ing distribution and delivery centers, respectively, this year that will bring hundreds of jobs. Agrowingarea In terms of single-family homes,

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“The Grand Parkway is a game changer for East Montgomery County,” she said. “It opens up all kinds of options. Never before could you get from New Caney to The Woodlands or vice versa in 13 minutes.” Expanding the Grand Parkway across East Montgomery County, the Texas Department of Transportation began construction on segments H and I-1 in summer 2017. The road segments stretch 37.5 miles with Segment H run- ning throughMontgomery County east

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