Hines fires up new Laurel Park North near Exxon Mobil campus
SPRING – Hines Interests LP plans to develop Laurel Park North, a new community, on 130 acres on the east side of David Wayne Hooks Memorial Airport, near FM 2920 and Stuebner Airline Rd., acquired in April.
The undeveloped property is about a half mile from the proposed Grand Pkwy. extension and about a ten-minute drive to the new Exxon Mobil Corp. campus.
Hines will begin developing 310 lots within the coming month. The first residents are anticipated to move in as early as fourth quarter 2015.
Adil Noorani, managing director at Hines’ southwest division, said that Laurel Park North will be a more traditional suburban Houston community. It will feature a 25-acre lake, recreation center, parks and a putting green.
Laurel Park North will offer a variety of homes, from patio homes catering empty-nesters to larger, more traditional homes on 60-foot to 70-foot lots.
Sizes will range from 3,000 sf to 5,000 sf. Home prices will be between $350,000 to $500,000.
Hines has partnered with four home builders to develop Laurel Park North. The builders are: Chesmar Homes, based in Houston; Highland Homes, based in Plano, Texas; Princeton Classic Homes, based in Houston; and Shea Homes, based in Walnut, California.
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