Venterra Realty has purchased a 12.78-acre parcel of land near Bridgeland and will be breaking ground soon on a new 336-unit apartment complex, according to an Aug. 2 news release. The project will be located along Tuckerton Road east of Fry Road. The name of the complex and a construction timeline has yet to be decided, officials said.

The project will feature an 8,600-square-foot clubhouse, a resort-style pool, a dog park, covered parking, an outdoor lounge, a fitness center, and a yoga/spin room, among other amenities. Each unit will have Venterra's SmartHome package, faux wood-style plank flooring, 9-foot ceilings and stainless steel appliances, according to the release.

“We are thrilled to announce that we have closed on the site for our first ground-up development in the growing area of Cypress,” Vice President of Development Neil Simon said in a statement. “This transaction represents a significant milestone for our development initiative, a key organizational focus for Venterra.”