180 Acres Earmarked for Commercial Development

HOUSTON-Terrabrook, the developers of the massive Cinco Ranch master-planned community in West Houston, has acquired an additional 1,828-acres of which 180 acres has been set aside for commercial development. The addition of this acreage brings the total development to 7,228 acres.

The 1,828-acre parcel was acquired by Terrabrook from six separate selling entities with six tracts ranging in size from 4.1 acres to 847 acres.

The 180 acres set aside for commercial development will be used for multifamily developments, retails centers, schools and churches. With the added acreage, it is estimated that the total market value of Cinco Ranch will exceed $3 billion.

The new land lies along the west and southwest borders of the Cinco Ranch community.

“With its boundaries along the existing Cinco Ranch site, and its location west of the Grand Parkway, the new acreage will fit in seamlessly as we continue to develop the community,” says Ted Nelson, vice president of Terrabrook in a statement.

Cinco Ranch ranks second only to the Woodlands in annual new home sales in the Houston area and 12th in new home sales nationwide.