A NEW FRON­TIER

Houston Chronicle - - TEXAS INC -

John­son Devel­op­ment en­ters Austin mar­ket with the pur­chase of a mas­ter-planned com­mu­nity.

John­son Devel­op­ment Corp. has en­tered the Austin mar­ket with the pur­chase of the 530-acre Bryson mas­ter­planned com­mu­nity in Le­an­der.

The Hous­ton-based de­vel­oper ac­quired the project from Cres­cent Com­mu­ni­ties for an undis­closed price.

“Austin is one of the strong­est hous­ing mar­kets in the coun­try and north Austin par­tic­u­larly is boom­ing,” Larry D. John­son, founder and chief ex­ec­u­tive of John­son Devel­op­ment, said in an an­nounce­ment. “This is an ex­cel­lent en­try in the Austin mar­ket. Bryson is in line with our life­style-fo­cused ap­proach and is only 16 miles from the new $1 bil­lion cam­pus Ap­ple an­nounced last month.”

Bryson, which opened just east of High­way 183A in 2015, is planned to have 1,261 sin­gle-fam­ily homes. To date, 315 lots have been sold to builders.

Homes range from about $250,000 to more than $500,000. The builders are Brook­field Res­i­den­tial, Ch­es­mar Homes, Drees Cus­tom Homes, Len­nar, Perry Homes and Scott Felder Homes. The project has a life­style di­rec­tor at The Back­yard amenity com­plex, trails and catch-and-re­lease fish­ing.

Founded in 1975, John­son Devel­op­ment has 13 ac­tive com­mu­ni­ties in the Hous­ton area, two in Dal­las-Fort Worth and one in At­lanta.

“We’ve grown sig­nif­i­cantly in the Hous­ton area over the past five years and since en­ter­ing the Dal­las-Fort Worth mar­ket in 2015, we’ve seen con­sid­er­able suc­cess, with one of our com­mu­ni­ties there now among the na­tion’s top-sell­ing,” John­son said. “We look for­ward to a sim­i­lar suc­cess into Cen­tral Texas.”

The deal comes as Cres­cent Com­mu­ni­ties launches a Hous­ton apart­ment project. Novel River Oaks, an eight-story midrise near the north­east cor­ner of Wil­low­ick and Wes­layan, will bring 330 apart­ments to the High­land Vil­lage area.

The com­pany de­vel­oped The Groves in the north­east Hous­ton area and sold it two years ago.

Randy Evans with East­dil Se­cured rep­re­sented the Char­lotte, N.C.-based seller in the deal, which closed Jan. 31.

Texas ranks fifth na­tion­ally for green build­ing

En­vi­ron­men­tally friendly projects in Hous­ton helped pro­pel Texas to the No. 5 spot in the U.S. Green Build­ing Coun­cil’s 2018 rank­ings.

The rank­ing is based on the amount of com­mer­cial and in­sti­tu­tional Lead­er­ship in En­ergy and En­vi­ron­men­tal De­sign-cer­ti­fied space feet per per­son in 2018. LEED is a glob­ally rec­og­nized green build­ing rat­ing sys­tem de­signed to cre­ate health­ier spa­ces that save money, use less en­ergy and wa­ter, and re­duce waste.

Texas grew to 277 LEED-cer­ti­fied projects to­tal­ing 88.4 mil­lion square feet in 2018, or 3.52 square feet per capita, ac­cord­ing to the coun­cil. The Texas projects in­cluded the Sea Star Base Galve­ston, the Milby High School ren­o­va­tion and the NASA Hu­man Health & Per­for­mance Lab­o­ra­tory in Hous­ton.

The top states are Illi­nois, with 172 projects span­ning 68.1 mil­lion square feet and a ra­tio of 5.31 square feet per per­son; Mas­sachusetts, with 122 projects span­ning 34.7 mil­lion square feet and a ra­tio of 5.31 square feet per per­son; Wash­ing­ton, with 137 projects span­ning 28.6 mil­lion square feet and a ra­tio of 4.25 square feet per per­son; and New York, with 214 projects span­ning 72.9 mil­lion square feet and a ra­tio of 3.76 square feet per per­son.

Hines of­fice tower down­town gets of­fi­cial new name

The Hines of­fice tower un­der con­struc­tion on the site of the for­mer Hous­ton Chron­i­cle build­ing has for years been re­ferred to as “block 58.” It now has an of­fi­cial name: Texas Tower.

Hines and part­ner Ivan­hoé Cam­bridge an­nounced the name Tues­day for their 47story, one-mil­lion­square-foot of­fice sky­scraper go­ing up on the 800 block of Texas Av­enue.

“The ex­pe­ri­ence of the build­ing has been con­sid­ered from ev­ery an­gle, de­signed to serve its ten­ants and cre­ated to help com­pa­nies make bold strides into the fu­ture,” Fred Clarke, se­nior prin­ci­pal with ar­chi­tec­ture firm Pelli Clarke Pelli, de­signer of the build­ing, said in an an­nounce­ment.

The Hous­ton-based de­vel­oper, which this week un­veiled de­signs for a lux­ury res­i­den­tial tower, said the new build­ing will be­come an ar­chi­tec­tural land­mark.

The ground floor will fea­ture an airy pavil­ion with food and drink op­tions and a dou­ble-height lobby and mez­za­nine with cowork­ing space.

McGuyer Home­builders part­ners with ‘smart’ tech firm

Ther­mostats that can be con­trolled by your smart­phone or the sound of your voice, smart locks and video door­bells — the on­ce­fu­tur­is­tic bells and whis­tles of the dig­i­tal age are be­com­ing stan­dard for new homes.

Hous­ton-based McGuyer Home­builders an­nounced Fri­day it part­ner­ing with the home-au­to­ma­tion com­pany Con­trol4 to of­fer smart-home tech­nol­ogy in ev­ery home it builds.

“Smart home tech­nol­ogy has made im­por­tant ad­vances in the last few years, and we wanted to of­fer our buy­ers these mod­ern-day con­ve­niences,” Gary Tesch, the com­pany’s chief ex­ec­u­tive, said in a post on the com­pany’s blog.

Cour­tesy John­son Devel­op­ment Corp.

John­son Devel­op­ment Corp. has en­tered the Austin mar­ket with the pur­chase of the 530-acre Bryson mas­ter-planned com­mu­nity in Le­an­der.

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