LTC – Balmoral Residential Development – Texas - Project Profile
"LTC – Balmoral Residential Development – Texas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Land Tejas Companies (LTC) is undertaking the construction a residential community in Houston, Texas, the US.
The project involves the construction of a residential community comprising 2,400 homes on 234.7ha of land. It will be developed in phases.
The first phase includes the construction of 246 homes.
The project includes the construction of community centers, retail space, and parking facilities. It will feature 40.4ha of amenities, lakes, trails and parks.
In April 2016, LTC acquired an additional 100.3ha of land from Rockspring Capital. LTC combined two tracts of land and acquire two more adjacent parcels to create Balmoral project – a 234.7ha residential community.
Five home builders are planned for the project. Three have been selected and the builder names are yet to be unveiled.
In June 2016, a groundbreaking ceremony was held.
In May 2017, LTC unveiled plans to build a Crystal Lagoon on 0.8ha as part of the project. It includes the construction of an amenity center, a welcome center and clubhouse with rooms.
Construction is expected to commence by the fourth quarter of 2017 and the first model homes are expected to be completed by the end of 2017.
The project involves the construction of a residential community comprising 2,400 homes on 234.7ha of land in Houston, Texas, the US.
The US$300 million project includes the following: