Posted Jul 11, 2024, 12:54 PM
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FYHA
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Join Date: Oct 2007
Location: Houston - Wichita, KS
Posts: 3,218
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Sugar Land / Thompsons
Quote:
PulteGroup breaks ground on new master-planned community with active-adult section in Sugar Land
By Florian Martin – Reporter, Houston Business Journal
Jul 10, 2024
PulteGroup Inc. (NYSE: PHM) is developing a 2,500-home community with an active-adult portion outside Sugar Land.
The Atlanta-based homebuilder broke ground last month on 980 acres just south of the intersection of FM 2759 and FM 762 in Fort Bend County.
Of that, 626 acres are for the main Ryehill community, which will have homes built by Pulte and Taylor Morrison. Another 294 acres will include 777 homes built by Pulte's active-adult brand, Del Webb, for people 55 years of age and older. That portion will be called Del Webb Sugar Land at Ryehill.
About 60 acres are reserved for commercial development, Pulte said. The community will also include parks and recreation facilities.
“Ryehill will offer residents a variety of housing options, world-class amenities and a convenient location close to major employers and entertainment destinations,” Lindy Oliva, Houston division president of Pulte Group, said in a statement.
Pulte purchased the land in January. It entered into a developer agreement with the city of Sugar Land for the part of the land that is in the city’s extra-territorial jurisdiction.
As part of the agreement, Pulte will build streets, drainage and utility infrastructure. The agreement also sets up the creation of municipal utility districts to serve the community.
“This agreement provides an opportunity to expand the city’s water and wastewater distribution system, benefiting Sugar Land residents in the area,” Sugar Land Mayor Joe Zimmerman said in a statement. “We are extremely proud of the city representatives' efforts on this project and look forward to our continued partnership with Pulte Group and Taylor Morrison.”
The developer agreement also denotes the community’s minimum lot sizes. Homesites in the Del Webb section will have 40-, 50-, and 65-foot widths. Homes in the rest of Ryehill will have 45- to 60-foot lots. Each house will have a garage for at least two cars.
Pulte is also working with SKLaw, Pape-Dawson Engineers, Oxland Advisors and Wheless Properties for the development.
Pulte has 27 active or future communities across Greater Houston, primarily in the suburbs.
This is the third Del Webb community in Fort Bend County after Del Webb Sweetgrass, just north of Interstate 69 from Ryehill, and Del Webb Fulshear.
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