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Sincethe Bridgeland community has flourished and continues to grow as a contributor in honolulu escort northwest area afteg Harris County for homeowners seeking an upper-scale, suburban lifestyle. Historically low interest rates have compelled first-time homeowners to more than flirt with their first purchase, but make the move, even in the middle of a pandemic.
On HoustonChronicle. With only days before the calendar turns, they sat at a whopping net home sales for the year. Melton was optimistic they would hit the mark to close out the year.
The Bridgeland community opened in and to-date has closed on 4, homes and 5, in net sales. By the time the 11, acres that make up Bridgeland are built out, there will be approximately 21, homes and 65, residents.
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This is the first year more than homes were sold in a single year. It is the highest sellign year project to date and puts Bridgeland in a small group of master-planned communities to reach the plus mark in single year sales. In the whole history of the Houston market for master-planned communities, only five have eclipsed home sales in a single year. Bridgeland s that exclusive club.
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Last year, Bridgeland was the No. While November and December may not seem to be houstom months for home sales, in a market with low home inventory, builders who have homes on the ground make a year-end push for buyers in Afterr to close within days. Melton explained coupling that with low interest rates helped increase home-buying power. As a community dedicated to green space, outdoor areas like the parks, hike and bike trails, and lake were all amenities that attracted new buyers in the market.
Melton said it continues to be one of the most frequently used amenities during the pandemic.
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The dedicated amount of space, he said, develops a premium on the property and helps retain value or causes it to appreciate. The Howard Hughes Corporation collected numerous awards during for their properties including Bridgeland and Melton hopes for a repeat in The Midas touch success in residential for The Howard Hughes Corporation Melton contends will continue in commercial with the addition of three key new ventures for the Bridgeland area.
The luxury apartments will be constructed on The looking for frients in wichita w w feature technology such as smart thermostats and keyless entry, with amenities including quartz countertops, walk-in closets with wood shelving, and modern appliances.
Melton said the Starling at Bridgeland development is the first key piece in the acre future town center, Bridgeland Central, which will intersect Bridgeland with the Grand Parkway.
fir The ,square-foot project will house residences comprised of one- two- and three-bedroom floor plans. In addition to Starling, Timewise Food Store and Exxon gas station broke ground on a 5,square-foot facility at the northwest corner of Tuckerton Road and Mason Road.
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The owners developed the space to fit neighborhood specifications attractive to residents. Modifications included lower roofs, the use of masonry in place of other materials, and lower profile age. The interior features an open ceiling concept and industrial LED lamps to provide a warmer feel to the store. Next door, The Goddard School, will open a 10,square-foot childcare center, located at Tuckerton Rd.
That optimism le to a move across the Grand Parkway to begin development on a third village aftre Prairieland Village. We intend on delivering our first lots by the end of the second quarter of The single-family home rental market in the last two years has flourished with the advent of home rental communities popping up around the county.
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Inoptimism is high, particularly with the vaccine rollout and the resumption of some form of normality. Back to Gallery Bridgeland looks aftet continue positive trend in real. Top of the News.