Conroe - Montgomery Edition - May 2022

DEVELOPMENT BRIEFS

New communities around Conroe, Montgomery

COMPILED BY ANNA LOTZ

ASGi Homes debutsMarieVillage in Conroe

CONDRA RD.

A front-porch community means homes include a front porch instead of a garage to encourage building relationships with neighbors, ASGi Marketing Manager Mario Morquecho said. Marie Village will also include picnic tables around the community and a green space for families to enjoy. ASGi Homes was established in 2016 by Bill Ellison with the mission to provide homes at a price similar or less than the average home rent, according to information from the company. Homes in the community are not sold to investors, Morquecho said.

Marie Village is a front-porch community in the works o Crockett Martin Road in Conroe by aordable homebuilder ASGi Homes, which is also based in Conroe. Marie Village held its rst homeowners event April 23 with more than 150 homeowners staking their “sold” signs on their home plots. The commu- nity will feature 400 homes when completed ranging from $120,000 to $180,000 and 615 square feet to 1,256 square feet, according to information from ASGi Homes. According to ASGi, the rst set of homes in the community was released in the rst quarter of 2022, and half of the community has been sold.

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Bill Ellison (left) is the founder of ASGi Homes.

COURTESY ASGI HOMES

1,080-acre community to be developed at FM1774, Hwy. 105 inPlantersville

840homes planned for newcommunity by The Signorelli Co. A master-planned community with 840 homes and space for a new Conroe ISD elementary school is in the works o Airport Road in Conroe with the rst homes expected to be available in late 2023. The Signorelli Co. announced plans to develop 256 acres northeast of the Lone Star Executive Airport in an April 28 news release. “Conroe continues to be a leading submarket in the Houston area for new home starts, making it an ideal location for our newest master-planned community,” said Je Dewese, senior vice president of the land division for The Signorelli Co., in the release. A groundbreaking for the unnamed community is slated for the third quarter of 2022, according

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A 1,080-acre residential commu- nity with commercial space is in the works for the intersection of Hwy. 105 and FM 1774 in Plantersville, according to a May 2 release from NewQuest Properties, a commer- cial real estate rm. NewQuest Properties brokered a partnership agreement between landowner Butler Holdings Ltd. and High Meadow Development Co., which developed High Meadow Estates in Montgomery. “This transaction provides the depth to provide single-family homes in an area destined for growth and eventually higher-end commercial development in an emerging corridor,” NewQuest Properties Vice President Joe Burke said in the release. “This is a shared vision between the Butler

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to the release, and the community’s name, homebuilders and price ranges are expected to be provided later this year. According to the release, the new community will feature single- family homes with 40-, 45- and 50-foot-wide lots as well as 45 acres of preserved green space, lakes and recreational amenities. The CISD campus is also antici- pated to open in fall 2024. “We welcome the opportunity to bring this new home development to Conroe, along with a new school to support the district’s growth,” Dewese said.

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family, who has owned the land for more than 50 years, and the developer.” The new community will be developed in six phases, according to the release. The rst 126 lots ranging from 1-4 acres are already being marketed by High Meadow Development Co. The development will be about 2 miles north of the Hwy. 249 exten- sion from FM 1774 to Hwy. 105.

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CONROE  MONTGOMERY EDITION • MAY 2022

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