As Exxon Mobil Corp.'s (NYSE: XOM) 385-acre campus continues to drive a need for new homes in the area, another homebuilder has signed on for a master-planned community in Spring.
Ryland Homes Houston (NYSE: RYL) said Thursday that it will build single-family homes in Falls at Imperial Oaks. The homes will range from 1,669 to 2,548 square feet, with eight models ranging from three to five bedrooms.
A spec model will be open in February to show the design. The announcement touts a "quick commute to the Exxon Mobil campus," only about eight miles from the new community, and amenities such as walking trails, pools and tennis courts, among others.
Houston’s master planned communities are some of the most active in the country, with at least eight ranking on a national list at the mid-mark of 2013. Falls at Imperial Oaks is one of the Houston-area communities running the lowest on lots.
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