In addition to developing the land, Beazer will constructsingle-family homes in the project. The golf course will serve ashome course and practice facility for the University of Houstoncollegiate golf team, currently ranked fifth in the nation. Thegolf course, to be called the Cougar Legends Club, will bedeveloped by Collegiate Clubs LLC, a golf-course development firm.Professional golfersSteve Elkington and Billy Ray Brown, formermembers of the University of Houston golf team, will design thecourse. Homes in the community, which should be ready for move-inin early 2002, will be priced from $170,000 to $400,000.

The land formerly was used for agricultural purposes. Pearlandhas been a dynamic area for home construction in recent years and anumber of retail centers and restaurants have been built to servethe growing population. Beazer Homes USA Inc., based in Atlanta, isone of the country's ten largest single-family homebuilders in thecountry.