Pearland Still Booming: Waterlights and Presidents

December 21, 2008

Last February I posted about the Presidential Park that is coming to my neighborhood, including the enormous busts of the Presidents’ heads.

The project is moving forward now, with the ground cleared and excavation begun on the “grand canal.” Groundbreaking for the first “mixed-use” building will be in 2009, to be followed by two hotels and an office building.  All this in spite of the recession and credit-crunch: The developers are starting with all-cash financing obtained through private investors.

With the prime “location, location, location” next to two expressways and not too far from the Texas Medical Center and downtown Houston, they have confidence in their prospects.  The Chronicle quotes developer Richard Browne, who has worked on developments in Indonesia, Mexico, and the U.S.: “In all that time, none of those sites match the opportunity we have in Pearland.”


One Response to “Pearland Still Booming: Waterlights and Presidents”

  1. Zorya Says:

    When Kris comes down in a few weeks y’all need to find time to take him over to the heads to take pictures. 🙂

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