North Houston: New Grand Parkway Generating More Real Estate Activity

In Houston, The Woodson’s Reserve, a new large-scale planned community, is opening on a new section of the Grand Parkway in North Houston.

A $1.1 billion 38-mile extension of the Grand Parkway has generated a considerable number of deals in north Houston. The roadway, also known as State Highway 99, runs close to the new Exxon Mobil campus, which will have a work force of 10,000. The Grand Parkway is slated to open by year-end.

The 692-acre community will several builders including Meritage Homes, Perry Homes, Taylor Morrison, and Toll Brothers.

“Woodson’s Reserve offers a great location, right on the proposed Grand Parkway, near to area employment and attractions. This community is set to feature exceptional amenities accompanied by an intimate setting with abundant natural beauty,” said Billy Shirley, division president of Perry Homes. Lot pre-sales begin March 1.

Woodson’s Reserve is being developed by a partnership between Toll Brothers and Houston-based Cernus Development LLC, a real estate company specializing in land purchase and development.