A “master-planned town” is poised to transform Fort Bend County, southwest of Houston.
The Signorelli Company, a Woodlands-based firm led by CEO Danny Signorelli, is spearheading the development of Austin Point, a 4,700-acre community at the intersection of Grand Parkway and Fort Bend Parkway in Rosenberg, the Houston Business Journal reported.
Signorelli tweaked its original proposal from January 2022. Instead of pursuing the project as a master-planned community, “which is typically residential with all these other asset classes maybe thought about after the single-family comes in place, we’re truly calling this a master-planned town and visualizing this town in all the asset classes,” Signorelli’s Mike Miller told the outlet.
Austin Point is set to include 14,000 homes with an estimated 50,000 residents. That would be 10,000 more people than the town of Rosenberg itself.
About 1,600 acres would be for commercial development, comprising 15 million square feet of apartments, retail, office and medical space. The community will feature a walkable downtown area and an innovation zone with hospitals, tech labs, and corporate headquarters.
To help fulfill its vision of creating an interconnected town that’s walkable and has a communal feel, Signorelli is designing Austin Point to include garage entrances at the rear of homes, in a back alley, creating a front-porch setting and a vibrant street scene.
The first phase, scheduled to start this fall, will feature 421 homesites, with lot sizes ranging from 35 to 70 feet wide. Floor plans are expected to range from 1,300 to 4,500 square feet, and nine builders will partake in the project. The first batch of homes should be available for sale in early 2025, the outlet reported.
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As part of the first phase, Austin Point will have a central park, called the 1984, offering various amenities such as a café, wine bar, event lawn, children’s play area, beer garden, food truck court and outdoor fitness and game spaces.
The development site is bounded by highways undergoing construction, potentially hindering the project’s timeline.
—Quinn Donoghue