Motorsports

Master planned community breaks ground on site previously planned for NASCAR

Land once considered for a NASCAR racetrack is now ground zero for a 17,000-acre development effort. ALVIN, Texas — A nearly 3,000-acre master-planned community — on land that was previously considered for a NASCAR racetrack — promises to be the first of several new developments to create an important district along state Highway 288. It’s […]

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Land once considered for a NASCAR racetrack is now ground zero for a 17,000-acre development effort.

ALVIN, Texas — A nearly 3,000-acre master-planned community — on land that was previously considered for a NASCAR racetrack — promises to be the first of several new developments to create an important district along state Highway 288.

It’s also the first master-planned community by W Land, a new division of Houston-based build-to-rent developer Wan Bridge.

W Land broke ground May 21 on Preservation Creek, a 2,962-acre community with an expected 5,500 homes at build-out, at FM 1462 just east of Highway 288 in Alvin.

First-phase homebuilders include Brightland Homes, Kendall Homes, The New Home Co., Smith Douglas Homes and Imagination by David Weekley Homes, which will be building on 40- to 60-foot lots. W Land expects to deliver the 786 first-phase lots by the end of the year, said Lisa Clark, who heads the division as senior consultant.

Continue reading this story on the Houston Business Journal’s website

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