Cypress population, housing, multifamily skyrocketCypress population, housing, multifamily skyrockethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=59852013-10-21T07:18:00Z2013-10-20T00:00:00Z

CYPRESS - The population of Cy-Fair ISD (CFISD), the third largest school district in Texas, reached more than 112,000 in fall 2013, and over 10,000 new students are projected to enroll during the next decade.

CFISD’s student growth is following new housing demand, as more than 33,000 additional housing units are projected to be built in the district by 2022. About 21,000 of them will be located in the far western portion of the district, according to Population and Survey Analysts (PASA).

Developers are expected to build most new housing units over the next decade within existing communities such as Bridgeland, Towne Lake, Canyon Lakes West and Fairfield.

“Newland Communities just closed a deal at FM 529 and [the Grand Parkway], right between Cy-Fair and Katy,” said Veronica Mullenix, a local broker. The development, to be completed over a decade, will sit on 2,500 acres.

Multitudes of multifamily and mixed-use concepts are planned over the next decade — nearly 9,000 units by 2022. Multifamily spaces in Bridgeland, Towne Lake and Fairfield alone are expected to account for about 3,500 new units.

In Fairfield, projects planned or under development include the Fairfield Place Apartments, Remington at Fairfield, Fairfield Creek Estates and a 12-acre site under contract inside the planned Fairfield Town Center.

Segment E of the Grand Parkway will be complete in 2013, providing northwest Harris County residents with faster access between I-10 and Hwy. 290, but developers also expect it will drive new development.

Community Impact Newspaper
Houston-The Woodlands-Sugar Land
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