THE WOODLANDS, TX-Southern Coast, an 18-acre high-density residential project adjacent to the Woodlands Town Center and part of the 260-acre East Shore residential enclave, is slated for groundbreaking in the coming months.
The Southern Coast project represents the first condominium development in the East Shore area, though townhomes have already been constructed on the land, which is just east of Interstate 45. The master-planned East Shore development, on Lake Woodlands' eastern edge, is being developed by Cooper Robertson & Partners of New York City and Sasaki Associates of Boston.
"This is what we're calling the 'Garden District' of the Woodlands," says Virgil Yoakum, vice president of residential land sales and development for the Woodlands Development Co. The whole idea behind this is to create a walkable environment."
Once build-out is completed, Southern Coast will offer three, three-story condominium buildings and more than 70 townhomes. McVaugh Custom Homes Inc. of Houston and Carmel Builders Inc. in Menomonee Falls, WI, plan to start construction during summer 2006. Units will range between 2,000 sf and 2,600 sf and priced between $450,000 and $700,000. The townhomes, ranging between 2,400 sf and 3,600 sf, will be available for $330,000 to $600,000.
Yoakum, who estimates that build-outs will take up to two years, tells GlobeSt.com that budget numbers are not yet available on the projects. "We're still working on infrastructure," he notes. "We should be able to deliver the streets and finished utilities by June, and then we'd expect to move as quickly as possible into the construction of townhomes and condos." He adds that the developers will be handling the sales on the units.
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