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Friendswood Development Company is a real estate development company operating in Greater Houston. The company is a subsidiary of Lennar. The company is best known for developing Kingwood, a 15,000-acre master-planned community northeast of Houston with more than 20,000 homes, developed over a 40-year period. [1]
Lennar dates back to F&R Builders, a company founded in 1954 by Gene Fisher and real estate developer Arnold P. Rosen. In 1956, Leonard Miller, who later became the namesake of the Miller School of Medicine at the University of Miami, a 23-year-old entrepreneur that owned 42 lots in Miami-Dade County, Florida, invested $10,000 and partnered with the company.
Standard Pacific was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. [3] Operations expanded to include San Diego in 1969, [4] Texas in 1978, [5] Arizona in 1998, Colorado in 2000, and Florida in 2002.
The project had a cost of $250 million. Upon completion the nearly 1,500 houses within City Park were to be priced between $70,000 and $140,000. The project was Yager's firm's first project within the City of Houston limits. Yager's firm managed the project, as Parkside Homes was the home builder.
In October 2014, the company purchased Oakmont Home Builders and expanded into North Carolina, South Carolina. [19] In 2015, LGI Homes expanded into Jacksonville, Florida, and Seattle, Washington. [20] In 2016, LGI Homes was named ProBuilder’s ‘Builder of the Year;’ [20] the company was active in 16 markets and 10 states. [20] [21]
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Parkway Villages is a 577-lot, [1] 224-acre (91 ha) subdivision in western Houston, Texas. [2] It is located north of Lakes of Parkway , the former Barnhardt land tract. [ 3 ] It was the first single family housing development by Sueba USA, [ 4 ] a subsidiary of Süba Freie Baugesellschaft .
In 1977 Robert Wood, the director of the Housing Authority of the City of Houston, wrote a letter proposing that Allen Parkway Village be demolished. In 1979 the United States Department of Housing and Urban Development (HUD) authorized $10 million for modernizing APV, [ 13 ] but HACH only spent below $50,000 for this purpose, [ 14 ] and ...
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