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A luxury homebuilder plans to open its first master-planned community North of Houston in mid-June. Toll Brothers Inc. is scheduling a grand opening for Woodson’s Reserve on June 13-14. The 700 acre master-planned community is located off Riley Fuzzel Road and The Grand Parkway extension project, a few miles east of Interstate 45, The Woodlands and the new Exxon Mobil Corp. campus.
The Horsham, Pennsylvania based homebuilder has finished the first phase of lot development in Woodson’s Reserve, stated Jim Jenkins, Toll Brothers’ Vice President of Master-Planned Communities. Four homebuilders now are building the first of some 1,050 homes planned for the new community. Meritage homes, based in Scottsdale, Arizona; Perry Homes, based in Houston; Taylor Morrison Home Corp., based in Scottsdale, Arizona; and Toll Brothers have completed five model homes in Woodson’s Reserve. Pre-sales began earlier this year for the homes, which range in size from 3,000 to 6,000 square feet and in price from the upper $300,000s to close to $1 million.
“All the builders are building homes and have already sold a significant number of homes,” Jenkins said.
Toll Brothers is constructing the landscaping and the entryway, and is about halfway complete on Woodson’s Club, a 6,500 square foot amenity center featuring contemporary architecture with high ceilings, a 24-hour fitness center, meeting space, a resort-style pool and a reflection lake. The homebuilder also plans to start construction on a dog park soon, Jenkins stated.
Woodson’s Reserve, named after Woodson Creek nearby, will have a “contemporary nature” theme, Jenkins also stated. To support that theme, Toll Brothers built the first five of several planned lakes, and planted hundred of mature hardwood and softwood trees in Woodson’s Reserve, he stated.
“We’re planting nice sized trees to enhance the nature,” Jenkins said. “The effort Toll Brothers is putting in to reforest the areas that have degraded over time is exceptional.”
Toll Brothers , which began developing and selling lots to other builders in its communities last year, was interested in developing Woodson’s Reserve because of its location near Exxon Mobil and The Woodlands, and the reputation of the Conroe Independent School District, Jenkins stated. Conroe ISD has purchased land in the community for an on-site high school and is in negotiations with Toll Brothers to purchase an additional school site.
Residential development is flourishing north of Houston as Exxon Mobil begins moving thousands of new employees to its new 385 acre campus in Springwoods Village. The construction of the Grand Parkway, which will connect U.S. 290 to Interstate 69 by the end of the year, also will improve transportation across the northwest swath of Houston.
To address the demand for new homes in previously untapped areas, Toll Brothers has planned two master-planned communities in the area: Woodson’s Reserve and NorthGrove at Spring Creek, a 600 acre community just west of The Woodlands near FM 2978 and Conroe Huffsmith Road. Toll Brothers, which recently revealed more details about NorthGrove, plans to open the new community in early 2016.
Article courtesy of Paul Takahashi and Houston Business Journal