An amused reader points Swamplot to the HAR listing shown above for a newly discounted home in Bridgeland. Conveniently, HAR highlights MLS listing price drops — and the occasional price correction — of a certain weight. And which one is this? The price for this 4-year-old “hardly lived in” 4,061-sq.-ft. home was adjusted downward by a little more than $4 million on . . . April Fools Day.
LITTLE GRAND PARKWAY ON THE PRAIRIE NOT SO SHOVEL-READY AFTER ALL Those pesky federal regulators, ruining all the fun: It’s now looking like the 15-mile-long Upper Katy Prairie paving project known as the Grand Parkway Segment E won’t be getting the bucket of cash Harris County Commissioners Court wanted. County officials will instead request that the $181 million in federal stimulus funds earlier allocated to the way-out-northwest loop road be distributed to other projects: “The recommendation to withdraw the project from the Texas Department of Transportation’s list of stimulus projects was made by Art Storey, who heads Harris County’s Public Infrastructure Department. Storey declined to comment on his recommendation until it is considered at Harris County Commissioner Court’s meeting next Tuesday. ‘Staff and consultants have worked diligently and successfully to be on schedule to meet the deadlines to enable Segment E construction to qualify for and receive the stimulus funding, but the federal permit from the U.S. Army Corps of Engineers cannot be completely processed by the required mid-February date,’ Storey said in a letter to the court. ‘In fact, because of conflicts over environmental impacts and mitigation, that permit might never be issued.’” [Houston Chronicle; previously on Swamplot]
GRAND PARKWAY SPRAWL STIMULUS “The road exemplifies an unintended effect of the stimulus law: an administration that opposes suburban sprawl is giving money to states for projects that are almost certain to exacerbate it.A new master-planned community called Bridgeland is rising on the prairie along the proposed site of the road; once completed, the development is expected to have 21,000 new homes on 11,400 acres. Other developers are eagerly awaiting the new road so they can start building on their empty land, too. . . . [Roger H. Hord, the president of the West Houston Association] pointed out that the road would connect two existing highways and said it would ease congestion on some of Houston’s other beltways. He said that an existing leg of the Grand Parkway, just to the south of the proposed leg, would give a sense of what the new stretch of the Grand Parkway might look like when it is done. The existing stretch is lined with strip malls and gas stations and drug stores and a huge 7,600-acre residential development called Cinco Ranch that is popular with families.” [New York Times]
General Growth Properties owns Baybrook Mall, Deerbrook Mall, First Colony Mall, Willowbrook Mall, The Woodlands Mall, and half of The Woodlands. And it’s holding onto all of those properties for now. But Jennifer Dawson reports in the Houston Business Journal that General Growth is trying to unload one of its specific growths: a portion of Bridgeland, the company’s 11,400-acre residential spread out in Cypress.
The name of the offered section is Lakeland Village, and it’s Bridgeland’s first, 2,370-acre phase.