Pearland: New Build-To-Rent Project

In Pearland, Texas, A 109-unit build-to-rent (BTR) community is under development in Pearland, the PCCP organization reported Monday.

In Pccp has purchased 13, acre parcel of land for the construction of Skymor at Pearland, which will be a gated townhome community. The property is located on Old Chocolate Bayou Road in Pearland, on the south side of Houston, which is also known as Space City.

Every Unit has a Two-Car Garage

Skymor at Pearland will consist of 58 four-bedroom end units (1,938 SF), 29 larger three-bedroom units with a loft (1,866 SF), and 22 three-bedroom units with no loft (1,763 SF). Every unit is set to include a two-car garage and a two-car driveway. Additionally, unit interiors is set to feature stainless steel appliances, quartz countertops, vinyl plank wood flooring in the common areas and on the stairs, with carpeted flooring in the bedrooms, a washer-dryer, and nine-foot ceilings. The community is set to include several greenspaces, two open-air gazebos, a decomposed granite trailway/paseo, a playground and a dog park.

A Houston-based single-family homebuilder, Integrity Community Builders, a Weekley Homes company, has been commissioned by PCCP to immediately commence construction on the finished lots, with first homes anticipated to be delivered in February 2025.

“We believe Skymor at Pearland will be one of the top-of market built-to-rent options for residents that want to be within one of the top public-school districts throughout the region as well as have convenient access to many of Houston’s nearby major employer centers,” said Andrew Barbakoff with PCCP.

The Build-to-Rent trend has been growing quickly in Houston and across the nation. A total of 27,500 build to rent homes were completed in 2023, 75 percent more than the year before. Texas was the leading state for build-to-rent development in 2023 with nearly 4,800 BTRs completed, as stated by Rent Café.

Renters like the suburban BTR houses with backyards, a garage and quality neighborhood schools.

Pearland is currently the second-fastest growing city in Texas, with population growth of 240% from 2000 to 2020.

PCCP is a real estate finance and investment management firm focused on commercial real estate debt and equity investments. PCCP has offices in New York, San Francisco, Atlanta, and Los Angeles.