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RESIDENTIAL DEVELOPMENT PROJECTS Par 3 Golf Course Re-development - A Houston based developer has recently announced conceptual plans and renderings for a luxury mixed-use apartment development located along the tract of land situated between Sorters McClellan Rd. and South Eastex Freeway Service Rd. March 2014 Watercrest Kingwood – Senior villa and apartment housing located at 24025 Kingwood Pl Dr Kingwood, TX 77339. Construction is currently underway and is scheduled to be completed and ready for move in Summer 2015. Will include 170 units integrated to current Emeritus at Kingwood and specialty care facility, creating a campus like development tying each building together. Northwoods - 700 acre development by Toll Brothers located just south of the future Grand Parkway expansion at US-59 South. This community will have more than 1,000 single-family homes when completed. Northwoods will offer residents miles of walking and biking trails, a recreational facility, parks, and lakes. Toll and other builders will develop the homes, which will be priced from $300,000 to more than $600,000. The project is expected to open fall 2014. Woodridge Forest – The 296-acre Woodridge Forest community property is located at the front of Kingwood on Northpark Dr, between Loop 494 and Woodland Hills Dr. The development has been designed to house 800 single-family homes. Under development as of 2014 Crescent Communities - The Groves – Entrance will be 4 miles north of W. Lake Houston Pkwy & Beltway 8. Groundbreaking will happen December 17, 2013 and initial spec homes will be available by the 4th Q of 2014. In all The Groves will feature; a mixed-use community on 993-acres, 2,200 single-family homes, 540 apartment homes, a community center with neighborhood retail, commercial uses, pool and 2 sites for future schools in Humble ISD. Six different builders will be featured, preliminary home prices will range from $250,000 - $400,000. The Bridges of Lake Houston - The Bridges of Lake Houston will develop approximately 332 acres with about 1000 housing units. One portion of ±53.64 acres of mixed-use commercial land along W Lake Houston Pkwy which will feature retail, office and/or multifamily uses. The eastern portion is ±278.79 acres of residential land. Construction scheduled to begin 2Q 2014. Oakhurst at Kingwood –Oakhurst boasts everything from luxury patio homes to custom designs and golf-course as well as lake-view homesites. As of November 2013 - 200 lots are currently available, about 1 and 1/2 years left of construction until capacity is maxed out, 222 homes sold in 2013. Royal Shores - 53 lots currently available. Currently facing environmental delays due to bald eagle nest located on the property Tavola - 1,560 acres located in New Caney, seven miles north of Kingwood on Highway US 59. Acquired 1 year ago, 3 different lot sizes available for sale May 2014 Royal Brook - 700-800 homes on 330 acres located to the east of Mill Branch Dr. at the end of West Lake Houston Pkwy. WLH Pkwy will be extended and widened to four lanes.

This information is provided by the Lake Houston Economic Development Partnership 110 W. Main St. Humble, TX 281-446-2128 Use of this information with or without the consent of the Lake Houston Area Economic Development Partnership is highly encouraged! The information contained herein was gathered from various sources deemed to be reliable; however no warranty or representation, either express or implied, can be made by Lake Houston Economic Development Partnership as to the accuracy or completeness of this information. Copyright © 2014

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