Remington Ranch, Texas facts for kids
Remington Ranch is a master planned community located in unincorporated Harris County, Texas. The development, with 2,100 single-family houses, is located between Interstate 45 and the Hardy Toll Road. It is north of Greenspoint Mall and in proximity to George Bush Intercontinental Airport.
History and Development
In 2003 Dickson Partners, a Houston developer, purchased a 510-acre (210 ha) plot of land from Houston investors. The majority of the purchased land belonged to three families from Houston who, since the 1950s, had owned the land. Dickson intended to develop a new community on that site.
As of 2003 the houses were expected to be priced below $200,000. The price range of the houses was planned to be from the $80,000s to the $180,000s. KB Home, one developer, bought 143 acres (58 ha) from Dickson and planned to develop 900 houses priced from $80,000 to $130,000. The remaining single family acreage was to be developed by Newmark Homes and Parkside Homes into 1,200 houses. Two separate parcels of land, with a total of 51 acres (21 ha) of land, were to be used for commercial and other non-single family uses. Edminster Hinshaw Russ & Associates provided Remington Ranch's land planning and engineering. Mark Powell, vice president of Dickson Partners, said that the access to George Bush Intercontinental Airport, Greenspoint Mall, the Hardy Toll Road, and Interstate 45 motivated the company to develop the Remington Ranch property. In 2003 the company was negotiating with the school district in regards to the possibility of selling land for the development of a future elementary or middle school. Powell also cited the location in the Spring Independent School District as a factor in purchasing the land.
House construction was scheduled to begin in June 2004. Housing sales began in April 2004. The $65 million Remington Ranch development was scheduled to be sold out by 2008. By 2006 the homes offered were priced from the $80,000s to the $150,000s. By 2008 K. Hovanian Homes became a house builder in Remington Ranch. By 2009 Remington Ranch had a high foreclosure rate.
Parks and recreation
The development was scheduled to include a recreation center with an Olympic-sized swimming pool and a playground area. The plans also included the establishment of neighborhood parks. The development also has a splash park and a barbecue area.
Remington Ranch, Texas Facts for Kids. Kiddle Encyclopedia.