La Porte: 369 acres sold for commercial, residentialLa Porte: 369 acres sold for commercial, residentialhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=186472017-12-18T06:00:00Z2017-12-18T22:00:00Z

​​An aerial view of the land.LA PORTE – Houston-based Avera Cos. acquired several hundred acres near Port Houston.

The company bought 369 acres between two large tracts of land from Pittsburgh-based PPG Industries.

Both tracts sit alongside Bay Area Blvd.; one tract is 235 acres and the other is 134 acres.

Avera sold the 235-acre tract to Beazer Homes, which plans to develop a master-planned community on the land.

A portion of the land Beazer bought will also include a multifamily complex and a senior-living facility.

Avera will develop the remaining 134 acres with retail and commercial offerings to cater to the master-planned community.

Work on the site will start first quarter 2018.

Houston Business Journal
Houston-The Woodlands-Sugar Land

​​See also; Houston-The Woodlands-Sugar Land HousingMultifamily, and Retail Market Research.​

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