Home Montgomery County Johnson Development venture buys land for Magnolia community planned for 3,700 homes

Johnson Development venture buys land for Magnolia community planned for 3,700 homes

Johnson Development venture buys land for Magnolia community planned for 3,700 homes

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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