Wednesday, July 28, 2010

Who Are The Developers In WCID#89?

Arthur Washington, VP of WCID#89, and I attended the Brunswick Lakes HOA monthly meeting last night. An interesting discussion arose about responsibilities of the Developers versus the District in maintaining the neighborhood amenities. I thought you might find this of interest, regarding who developed what neighborhood within WCID#89 and what these developers are supposed to be doing.

In general, activities of a developer in a municipal utility district (MUD) such as WCID#89, include acquiring land for development; defining a marketing program; planning and scheduling development; securing adequate funds for development; arranging for design and construction of utilities, streets, amenities, and other improvements; and, selling developed and undeveloped land to other developers, investors, and others. Ordinarily, the developers pay 100% of the costs of paving and amenity design and construction.

The developer of Morningside Place Section 2 was Fellows Eight Development Ltd. who developed 20 acres into 103 single family residential lots during 2003 and 2004. Lennar Homes was the builder and built out these 103 homes in 2005. Morningside Place Section 2 also includes 25 acres of commercial property which PODS personal storage facility now occupies.

The developer of Brunswick Meadows is 308 Furman (a limited partnership with Lennar Homes serving as general partner) and entered into sales contracts with Trophy Homes and Gehan Homes to build out the 15 sections in this neighborhood.

245 Brunswick Lakes Ltd. is a corporation controlled by Joe Fogarty, who has been active in Houston area land development for over 25 years, and is the developer for Brunswick Lakes, sections 1, 2, 3, and 5.  Royce Homes was the builder contracted for these lots.

Finally is Brunswick Place LP, the developer for what was Brunswick Lakes sections 7-9. The president of Brunswick Place LP is Tom Moughon, who has also been active in real estate development in the Houston area for over 20 years. Choice Homes and D.R. Horton Homes are building out these lots.

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