590 acres in Richmond slated for master-planned community590 acres in Richmond slated for master-planned communityhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112332015-11-19T06:00:00Z2015-11-19T20:00:00Z

​​RICHMOND – ​​​​​Johnson Development Corp. has acquired 590 acres southwest of Houston for a master-planned community with 2,500 homes.

The site is near the northwest corner of Williams Way Blvd. and US 59, near the Sweetgrass active-adult community being developed by Del Webb.

Johnson and IHP Capital Partners purchased the property from the Henderson-Wessendorff Foundation of Richardson. Trustmark Bank is providing financing for the transaction.

Development activity should begin by mid-2016 with construction of new homes projected for early ​​2017. 

Realty News Report
Houston-The Woodlands-Sugar Land
http://realtynewsreport.com/2015/11/17/larry-johnson-firm-buys-600-acres-in-richmond-texas-for-master-planned-community/Read more at {Source}

 Search NewsTalk Texas