Highten Capital and its partner members acquired highly potential 20 acres of commercial land, comprising two equal and contiguous parcels in Manvel, Texas. Once a sleeping suburb 23 miles from Houston, Manvel saw recent surge in economic development owing to Hwy 288 expansion project that aims to enhance accessibility to Texas Medical Center and Downtown. A 180-mile circumferential Grand Parkway project is underway, traversing seven counties in the Greater Houston area cutting Hwy 288 just past Iowa colony. The proximity to Houston and Pearland coupled with major access ways makes this small town in Brazoria County an investor’s dream.

The subject property is located at the intersection of Jordan Street and Peters Road which is planned to cut through Highway 6 providing a major access point to Meridiana development. Meridiana is a spectacular 3,200-acre development that features a host of award-winning amenities, set within elegantly landscaped creeks, bayous and water features. A stone’s throwaway from the subject property are Manvel High School, Alvin ISD’s 10,000 capacity sports complex – Freedom Field and proposed Iowa Colony High School.

This offering is for a planned development of retail and multifamily residential development. Extensive feasibility studies are ongoing currently, including floodplain mapping, detention design, project land planning and site design.