Reserve at Manvel unveils exciting development opportunities
JLL’s Land Advisory Services team is marketing the 75-acre property
HOUSTON, Jan. 24, 2024 – JLL announced today that Reserve at Manvel, a 75-acre property situated along SH 288 just south of Pearland at CR 58 in Manvel, Texas, is now ready for development. Recently zoned for commercial development, this prime location is poised to meet the surging demands of the area's population growth. The property offers the option to be subdivided into smaller tracts, catering to diverse development needs, including mixed-use projects, retail locations and medical facilities.
JLL’s Land Advisory team, Simmi Jaggi and Elizabeth Clampitt, represent the owner, VDB Partners, Ltd, a family-owned developer, and are marketing the property.
"Our vision is to transform Reserve at Manvel into a premier destination for top-tier commercial development that complements the existing historic Manvel community and the new high-quality residential offerings around us," said Bill Visinsky, Vice-President of the family business. "As the community around us expands, residents are seeking top-notch commercial spaces, a destination that seamlessly integrates ‘work, shop and play.’ We're excited to be at the forefront of meeting this demand in Manvel."
Located just minutes away from downtown Houston in northern Brazoria County, Manvel has ascended to the top of the list of fastest-growing communities in the Houston area. The SH 288 corridor, in particular, has witnessed remarkable growth, attributed to its proximity to downtown Houston and The Medical Center. The available property is surrounded by master-planned communities, including Sedona Lakes, Del Bello Lakes, Pomona, Valencia and Rodeo Palms.
Over the next 20 years, the City of Manvel anticipates substantial growth, with plans for 10,000 new homes and an impressive population increase from 8,000 to 130,000 residents.
“We are excited for all that the Reserve at Manvel has in store for our great city. This project has been well thought out and will be a great addition to our thriving economy,” said Mayor Dan Davis of Manvel. “As we look to the future, it is one that will be built upon innovative approaches to supporting our local business – something the Reserve at Manvel is striving to achieve: helping our Manvel business owners fulfill the American Dream.”
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.