Project News / Multifamily
Brookfield Acquires 476 Acres for Major Residential Development in Spring
Early site work is planned for 2027, with homes going on sale and the community opening in 2028 near the ExxonMobil campus.
Brookfield Residential has acquired 476 acres in City Place, the master-planned district in Spring anchored by ExxonMobil's campus, for a new residential community called Gardenlight City Place. The company bought the land from CDC Houston Inc., a subsidiary of New York-based Coventry Development Corp.
City Place sits near Interstate 45 and the Grand Parkway, west of the Hardy Toll Road and south of The Woodlands. Hewlett Packard Enterprise and St. Luke's Health also have facilities in the district.
Neighborhood plans and timing
Brookfield plans single-family detached homes and higher-density housing, along with parks and amenities. Early development work is set to begin in early 2027, with homes going on sale and the community opening in 2028. The number of homes, builders, prices and development budget have not been announced.
The community is planned to connect residents to City Place’s existing employment, dining and recreation amenities. Homebuilder selections and detailed delivery packages remain outstanding.
No civil engineer, contractor or development financing has been disclosed.
