Since its inception, the 3,200-acre master-planned community of Fairfield has seen the development of more than 4,800 new homes, several public swimming pools, parks and trails along with its 15,000-square-foot athletic club. There is no indication further expansion is slowing down.
"Fairfield is on the rise," said Tim Fitzpatrick, community development manager with Friendswood Development Company, the developer of several master-planned communities within Houston. "Lot sales in 2012 topped 271, up 35 percent over 2011. Home sales in 2012 were also up 35 percent. January sales thus far are up over 144 percent over January 2012."
Various commercial projects are also in progress following the opening of an H-E-B in the community last fall near Hwy. 290. Construction of the Fairfield Plaza shopping center behind the new grocery store initially began in 2008 and re-convened in late 2012, and it is taking applications for tenants and buyers.
Situated at Fairfield's main entrance, Stream Realty representatives said they expect the high amount of traffic flow and partially built condition to attract potential buyers and tenants. The strip center is estimated to cost about $2 million and will contain more than 300 parking spaces and 82,230 square feet of retail and dining space once completed.
