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Economic development grows in TomballEconomic development grows in Tomballhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=68632013-07-15T13:58:00Z2013-07-10T00:00:00Z

TOMBALL - Business and government leaders throughout Tomball and the greater northwest Houston area heard news of greater mobility, a stronger local economy and the prospect of more residents moving to the Texas 249 corridor, according to Tomball Economic Development Corp.

Tomball Mayor Gretchen Fagan, who is president of the TEDC, talked about the three new subdivisions that are being developed or are in the planning stages.

This year the city has issued 124 construction permits, which have an estimated value of $49 million.

The Reserve at Spring Lakes subdivision includes 232 acres to be developed into 75 homes on one-to-five acre plots. It also features 40 acres of lakes.

Pine Country of Tomball will have 68 residential lots and two ponds on 55 acres off Tomball Cemetery Rd.

Raleigh Creek on Zion Rd. in Tomball, which broke ground on June 26, will have 340 homes.

All of those will have homes available for sale by spring 2014.

Since 2011 Tomball has been constructing an east-west corridor known as Medical Complex Dr., between South Cherry St. and Texas 249. It connected Brown Rd. to Hufsmith Road and created the M121 drainage channel, which will reduce flooding in downtown.

At the same time, the city has partnered with officials in Magnolia and Navasota to improve portions of Texas 249 from Spring-Cypress Road to FM 1774 in Pinehurst, and to construct Texas 249 to Navasota.

Read more at the Houston Chronicle.

Houston Chronicle
Houston-The Woodlands-Sugar Land
Economy
http://www.chron.com/neighborhood/spring/news/article/economic-development-grows-in-the-tomball-area-4654890.phpRead more at {Source}

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