Real estate development company Hines has purchased 528 acres in Waller to build a master-planned community, according to a Nov. 1 news release from the development company.

The details

The master-planned community, located north of Hwy. 290 along Binford Road, will consist of approximately 1,400 single-family homes with various lot sizes available, according to the release.

The community will consist of a variety of amenities, including:

• A 4.7-acre recreation center
• A resort-style pool
• A playground
• A clubhouse
• A 130-acre green space with hike and bike trails

The community will be zoned to Waller ISD, and there are plans for a future school within the development, according to the release.

What they’re saying

Hines Managing Director Carson Nunnelly said in the release that the Waller area is expected to increase in population in the next five years, and growth will continue in the northwest area as “limited vacant land remains in the surrounding submarkets.”

“This poses an appealing opportunity for us to deliver a high-quality master-planned community with diverse product offerings,” Nunnelly said.

Next steps

The first phase of construction is expected to start in the fourth quarter of 2023 with the initial phase expected to be completed by the summer of 2025, according to the release.