Houston-based Johnson Development, in partnership with IHP Capital Partners, has acquired the first 600 acres of a planned 1,400-acre community in Magnolia. The yet to be named development is planned for 3,700 single-family homes and townhomes. The first lots are expected to be available to builders in 2024. Home prices and builders were not announced.
Original Article: https://www.houstonchronicle.com/business/real-estate/article/Johnson-Development-buys-land-Magnolia-community-17619407.php
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