HOUSTON-Charlotte-based Crescent Resources LLC has bought 993 acres of land in northeast Houston for a mixed-use community. The property is located in the Humble Independent School District.
Crescent Resources will build a master-planned community comprising 540 apartment homes, 2,259 single-family homes, 50 acres for commercial and retail uses and 40 acres for a future school. Construction is expected to start next year the first phase of residential sites will be completed in 2014. For the full story, go to Houston Business Journal .
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