Feb 4, 2020
HCFCD plans detention basin at Raveneaux Country Club
HOUSTON – The Harris County Flood Control District (HCFCD) has purchased Raveneaux Country Club to build a regional stormwater detention basin.The HCFCD paid nearly $11.5 million for the 27.6 acres in the...
HOUSTON – The Harris County Flood Control District (HCFCD) has purchased Raveneaux Country Club to build a regional stormwater detention basin.
The HCFCD paid nearly $11.5 million for the 27.6 acres in the Champion Forest/Vintage Park neighborhood.
Dallas investor Kera Development LP and Cypress/Raveneaux LLC entities were the sellers.
Funding for the acquisition came from the $2.5 billion bond measure approved in 2018 for flood-mitigation projects.
The Real Estate Center has more infrastructure and transportation news for Houston.
Source: Houston Business Journal
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