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Porter: 1,400-acre Valley Ranch plenty of dressingPorter: 1,400-acre Valley Ranch plenty of dressinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=25082014-11-11T14:02:00Z2014-11-11T00:00:00Z

PORTER, MONTGOMERY COUNTY - More than ten years ago, Danny Signorelli saw the forested acreage along the west side of US 59 north of Kingwood as a place to build homes, thousands of them, in this once rural region of eastern Montgomery County.

He gobbled up tracts of land — 1,400 acres in total — and started building houses in anticipation of population growth and economic opportunity.

Knowing Kingwood and The Woodlands had little land left on which to build homes, Signorelli decided to create a master plan for the acreage in the Porter area along the same lines as those nearby communities.

"The vision started mostly as residential," Signorelli, president and CEO of Signorelli Co. said recently during a tour of the master-planned community Valley Ranch. Now, he said, "we wish we had more land."

Valley Ranch is designed to include 2,500 homes, 1,000 multifamily units and a 240-acre "town center" with 1.5 million sf of retail space. A business and a medical district also are part of the master plan.

A new segment of the Grand Parkway will bisect the community. Signorelli recently inked deals for a 123,000-sf Kroger Marketplace and a 136,000-sf Sam's Club.

An amphitheater is planned, and an 8,500-seat New Caney ISD football stadium recently opened, offering a unique civic component to the community, Signorelli said.

So far, nearly 1,000 homes have been built. Prices range from the $180,000s to the $400,000s.

Houston Chronicle
Houston-The Woodlands-Sugar Land
Housing
http://www.houstonchronicle.com/business/columnists/sarnoff/article/Once-rural-area-north-of-town-attracting-5878718.phpRead more at {Source}

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