A New York land development firm called Coventry Development has just announced grand plans to establish a giant eco-friendly, mixed-use development modeled heavily on the ecological principles first demonstrated decades ago by The Woodlands — on an 1,800-acre site just south of that community. It’s now a pine forest near the intersections of I-45 North, the Hardy Toll Road, and the projected path of the Grand Parkway, about 30 miles north of Downtown Houston. Some portions of that forest will remain: Plans call for a 150-acre nature preserve along one section of the community’s northern reaches, which stretch to Spring Creek. South of that, and along the northern border of the Grand Parkway, the developers are planning a town center with the hallmarks of major mixed-use employment centers: office space and retail, a medical district, townhouses and apartments, and single-family homes. But they’ve gone ahead and given the place a formula-tested suburban-housing name: Springwoods Village.
Springwoods Realty Company has owned most of this land since the 1960s. Why develop it now? Because it’s now pretty clear that the Grand Parkway will actually be built right at the property’s southern border, the developers say. Plus, there’s development on all sides now.
