A new development is sprouting up near Cypress, poised to add 838 homes to the rapidly expanding FM 2920 corridor. Dubbed Sorella, the 238-acre community is slated to start sales this spring with abodes beginning at the $300,000 mark. Sorella is joining the line-up of communities benefiting from the recent completion of Grand Parkway segments, which have proven to be a magnet for developers in Harris County's northwest reach.
According to the Houston Chronicle, M/I Homes and Johnson Development Services are the brains behind Sorella. "We really like the area," Michael Cox, President of Johnson Development Services, told the Chronicle. Schools, great access, and rapid growth were major draws. The first phase will unveil 278 homes with sizes stretching from 1,295 to 2,825 square feet. Spicing up suburban life, the community promises a resort-style pool, an event lawn, and lakeside trails among other trimmings.
As for the Grand Parkway, the new roadways were given the green light back in February, bridging Hwy. 290 through Cypress to I-45 North. David Gornet, executive director of the Grand Parkway Association, predicts an economic renaissance along these new segments, akin to what Katy witnessed after a similar expansion in 2013. These thoroughfares are eyed as game-changers by Leslie Martone, president of the Cy-Fair Houston Chamber of Commerce, who claimed they're poised to charge up the local business and community life, as reported by Community Impact.
Residential developers are not the only ones cashing in on the Grand Parkway's allure. The big players FedEx Corporation and Daikin Industries are creating jobs in droves, thanks to their projects along the new road. Bob Pertierra, chief economic development officer for the Greater Houston Partnership, indicated that the Grand Parkway is not just a boon for traffic, but it's dramatically reshaping Cy-Fair's business landscape. This has caught the attention of other developers, like American International Industries, who are already in talks about constructing their master-planned community near the Daikin plant.
Roy Sprague of CFISD highlighted the decision to erect two educational villages in the Grand Parkway's vicinity. Not to miss out, healthcare juggernaut Memorial Hermann is planting its roots firmly along the highway with a convenient care center opened in February, set to be complemented by a hospital next spring. Such developments are matching the pace with the housing surge in areas like Bridgeland, expecting around 8,680 new pads by 2024, based on Population and Survey Analysts data.
