Mold Remediation in Fulshear, TX

Hines, the global real estate investment manager, has acquired nearly 3,000 acres near Fulshear to be developed into an expansive master-planned community, making it one of the firm’s largest land purchases for single-family development.

The site is located at the corner of Westpark Tollway and the Texas Heritage Parkway which bisects the tract.

The development will consist of more than 7,000 homes with a variety of lot sizes and numerous estate lots to accommodate diverse preferences.

Hines has partnered with multiple best-in-market builders to acquire this land, including Toll Brothers, Perry Homes, Highland Homes, Village Builders/Lennar, Dreamfinder Homes/Coventry Homes, Westin Home , Newmark Homes, and Beazer Homes. Construction is expected to begin in early 2025, with the first lots delivering in 2027 and homes from builders to follow thereafter.

“This submarket has been ranked the second-fastest growing city in the U.S. for the last two years, making it a prime market to deliver high-quality and unique housing options,” said Rob Witte, senior managing director, head of residential land development and self-Storage, Americas, Hines.

“This is a once-in-a-lifetime piece of land, and we worked tirelessly with our builder partners to ensure we had the opportunity to build what is one of the best sites in Texas.”

Amenities in phase one are expected to feature a five-acre recreation center with a resort-style water feature, a large playground, clubhouse, and other top-tier amenities.

Additionally, well-designed hiking and bike trails will be incorporated throughout the community alongside over 800 acres of natural oxbow lakes, greenspace, and mature trees.

The development has immediate access to major thoroughfares and excellent schools and is a short commute to Houston’s major employment hubs, including Sugar Land, the Energy Corridor, Texas Medical Center, and Downtown Houston. Hines will also be responsible for the completion of the Texas Heritage Parkway Parkway from its current terminus at Westpark Tollway to the Southern boundary at Winner-Foster Road.

Hines has over 65 years of development experience in Texas and nearly two decades of expertise in developing single-family communities.

Since 2005, the firm has completed 26 communities across the southwest, with 13 currently under construction. Houston communities include Brookewater, Creekhaven, Raburn Reserve, Grayson Woods, Somerset Green, Laurel Glen, and Wildrye, which recently started construction.

Hines is a leading global real estate investment manager and owns and operate $93 billion in assets across property types and on behalf of a diverse group of institutional and private wealth clients.

"Every day, our 5,000 employees in 31 countries draw on our 67-year history to build the world forward by investing in, developing, and managing some of the world’s best real estate," Witte said.

To learn more, visit www.hines.com and follow @Hines on social media.

Global real estate giant Hines is planning a more than 7,000-home master-planned community near the Katy and Fulshear areas, adding even more residential development to booming Fort Bend County.

The Houston-based real estate firm acquired 3,000 acres last month near the Westpark Tollway and the Texas Heritage Parkway in one of its largest land purchases for a single-family home development.

Construction at the community is expected to start this year. Large-scale master-planned communities like this typically take several years to complete, but the first few lots of this project are expected to be delivered in 2027.

BEST SELLERS: Explore our map of Houston's top-selling master-planned communities in 2024

“This is a once-in-a-lifetime piece of land, and we worked tirelessly with our builder partners to ensure we had the opportunity to build what is one of the best sites in Texas,” Rob Witte, senior managing director and head of Hines' residential land development in the Americas.

With home sales launching in 2027, homes prices are expected to range from the $400,000s to more than $1 million, according to Hines. Homebuilders include Toll Brothers, Perry Homes, Highland Homes, Village Builders/Lennar, Dreamfinder Homes/Coventry Homes, Westin Homes, Newmark Homes and Beazer Homes.

MORE GROWTH WEST OF HOUSTON: New 4,000-home community Sunterra Lakes planned for Waller County

The first phase of the community, which is located within Lamar Consolidated ISD, will feature a 5-acre recreation center with a pool, a large playground and a clubhouse. Additional amenities include hiking and biking trails, more than 800 acres of preserved natural areas with oxbow lakes and mature trees.

Hines will add utilities, sewage, roads and other infrastructure to the mostly farm- and ranch-lands. It will also oversee the extension of the Texas Heritage Parkway from Westpark Tollway to Winner-Foster Road. The developer also would build parts of Bellaire Boulevard.

While Hines' new community is in unincorporated Fort Bend County, the project adds to the growth near Katy and Fulshear. The area is home to some of the top-selling master-planned communities in the country, such as Sunterra, Tamarron and Cross Creek Ranch.

Fulshear’s population surged by more than 25% from 2022 to 2023, making it the second-fastest growing city in the United States, according to the U.S. Census Bureau. Once a small farming community with just over 1,000 residents in 2010, the city’s population grew to more than 42,000 by July 2023.

Jan 24, 2025

Marissa Luck

Senior Real Estate Reporter

Marissa Luck is a senior real estate reporter at Houston Chronicle. She can be reached at marissa.luck@houstonchronicle.com.

Previously, Luck covered commercial real estate in Texas for CoStar News; real estate for Austin Business Journal; energy for Houston Chronicle; and business news for The Daily News in Longview, Wash. She’s won awards from Society of Professional Journalists and National Association of Real Estate Editors, and her byline has appeared in numerous publications nationally. Originally from Hawaii, Luck grew up in the Pacific Northwest and studied international political economy at The Evergreen State College in Olympia, Wash. She now lives in Midtown Houston.

A new master-planned community is set to bring more than 7,000 homes to Texas Heritage Parkway in Fulshear.

The big picture

The 2,951-acre development by Hines, a global real estate investment company, will feature single-family homes in a variety of lot sizes by eight homebuilders, according to a Jan. 23 news release.

The development, which has yet to be named, will be located at the corner of FM 1093 and Texas Heritage Parkway, which Hines will be responsible for extending from its end just south of FM 1093 to Winner Foster Road, according to the release.

This marks one of Hines' largest land purchases for a single-family development, according to the release. No commercial or multifamily sites are planned for the acreage, Hines officials said.

The details

Homebuilders for the community include Toll Brothers, Perry Homes, Highland Homes, Village Builders/Lennar Homes, Dream Finders Homes/Coventry Homes, Westin Homes, Newmark Homes and Beazer Homes, according to the release.

The community is also set to have a 5-acre recreation center featuring:

Additionally, bike and hiking trails will be incorporated throughout the community alongside 800 acres of lakes, green space and trees, according to the release.

What else?

Hines officials said future students will be zoned to Lamar CISD, which demographers expect will gain more than 19,600 new students over the next decade.

In their own words

“This submarket has been ranked the second-fastest growing city in the U.S. for the last two years, making it a prime market to deliver high-quality and unique housing options,” said Rob Witte, senior managing director, head of residential land development and self-storage for Hines, in the release. “This is a once-in-a-lifetime piece of land, and we worked tirelessly with our builder partners to ensure we had the opportunity to build what is one of the best sites in Texas.”

Zooming out

Hines has more than 65 years of experience in Texas and has completed over 26 communities in the southwestern part of the state, with 13 additional developments under construction, according to the release.

The developer has seven other Houston-area developments, such as Grayson Woods in Katy, Laurel Glen in Houston and Brookewater in Rosenberg.

What’s next?

Construction is expected to begin in early 2025, with the first lots delivered in 2027, according to the release.

Government Reporter

Aubrey joined Community Impact as a reporter in February 2024, where she covers government in the Katy, Fulshear, Missouri City and Sugar Land areas. Before coming to CI, she served as Editor-in-Chief at Insite Brazos Valley Magazine in Bryan. She also served as the news editor at The Battalion, Texas A&M University’s student newspaper, before graduating with a major in journalism and minors in business and sports management in 2022. When she’s not writing, Aubrey enjoys spending time with her friends, family and her cat, Ferguson.

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