In the Houston Chronicle today there was an article which shows faith in the continued steady housing market for Spring and The Woodlands. In the second quarter of 2011, a developer, Coventry Development Corp. has plans to start the building of an 1,800-acre master-planned community in north Harris County called Springwoods Village (http://www NULL.springwoodsvillage NULL.com/).
Over the next several years, as many as 5,000 homes are expected to be built, in addition to 8.5 million square feet of commercial office space and 1.2 million square feet of retail space. Depending on the market conditions the community is expected to take 15-20 years to complete development.
The developer aims to build a community where residents can live close to their jobs, cutting down highway commutes. Springwoods Village will be located about 30 miles north of downtown Houston, in Spring, just south of The Woodlands.