Parkside Capital is developing a 29-acre site on the corner of FM 1486 and FM 1774 in Magnolia, according to Vice President Dan Moody. Fifteen acres of the development are reserved for a single-family for-rent developer, while the remaining land will be used for commercial uses, Moody said.

The company is working on engineering, a drainage study and design of utility extensions, among other construction projects. Moody said he hopes construction will be completed by November.

Size: 29 acres

Status: construction to be complete by November