(Montgomery, Texas – Sept. 13, 2012) With housing starts and sales increasing well into the triple digits, Woodforest is now the most active community in booming Montgomery County.
In a recently released report prepared by Bohlke Consulting Group, Woodforest posted the highest number of Montgomery County housing starts of any development, with 244 building permits awarded from August 2011 to July 2012. Two-thirds — 156 permits — were granted this year. Plus, Bohlke now ranks Woodforest among Houston’s top 10 master-planned communities for housing starts.
“Our velocity picked up in the second half of 2011 and it’s continuing into this year,” said Virgil Yoakum, general manager of Woodforest, a project of The Johnson Development Corp. “In fact, we just sold our 200th home this year.”
The number of building permits issued in Woodforest rose 154 percent during the 12 months ending July 31 compared to the previous 12 months, said Bohlke’s Gary Latz.
“Woodforest’s growth is remarkable for the Houston area, which recorded a 23.5 percent increase during the same time period,” Latz said. “With The Woodlands expansion occurring primarily in Harris County, Woodforest is by far the most active community in Montgomery County.”
Woodforest’s sales pace mirrors the increase in the number of building permits, with a 125 percent jump in sales this year over 2011.
“The Woodforest team is doing an exceptional job, forging onward through what has been a difficult housing market. It is well ahead of the 30 percent growth rate in new-home starts currently seen in the Houston housing market,” said Metrostudy’s David Jarvis.
Yoakum attributes the spike in activity to 12 national and regional builders offering a variety of products and prices in the community and a location just minutes from major Montgomery County attractions, such as the Cynthia Woods Mitchell Pavilion, Market Street and Lake Conroe.
“We offer an ideal location, not just for shopping and dining, but also for jobs, since we are convenient to major employment centers,” Yoakum said. “We already have several residents who have moved here in anticipation of the new Exxon Mobil campus opening in 2014.”
About Woodforest
Woodforest, a project of The Johnson Development Corp., is a 3,000-acre master-planned community surrounding Woodforest Golf Club, one of the top-ranked daily-fee golf courses in the Houston area. Planned is a broad array of housing choices and prices — single-family, patio, townhomes, condominiums and multi-family — targeted to lifestyle-oriented buyers. Woodforest is slated for more than 5,500 homes and a full complement of retail and commercial properties. Located north of downtown Houston, Woodforest is five miles north of The Woodlands and six miles south of Conroe. Convenient access just seven miles west of Interstate 45 is provided by Fish Creek Thoroughfare, the first new major north/south thoroughfare connecting Conroe in Montgomery County and Tomball in Harris County. For more information, visit www.WoodforestTX.com or call 936.447.2800.
About The Johnson Development Corp.
The Johnson Development Corp. is an award-winning residential and commercial land development company involved in premier projects including master-planned communities such as Sienna Plantation, Fall Creek, Riverstone, Woodforest, Tuscan Lakes, Edgewater, Imperial Sugar, Cross Creek Ranch, Harmony, Willow Creek Farms and Silverlake in Houston, Texas, and Towne Lake, BridgeMill and Lake Arrowhead in Atlanta, Georgia. Established in 1975, known for innovative master planning and today one of the largest and most successful land developers in both Houston and Atlanta, The Johnson Development Corp. has cultivated a strong reputation for vibrant, responsible development, with impeccably designed communities. For more information, visit www.johnsondevelopment.com.
