Apr 12

HBJ’s 2019 Landmark Awards: Land Deal winner and finalists

Winner: H-E-B’s Land Purchase at Kirby Boulevard and West Alabama Street

Developer: Midway/H-E-B

Seller: Tommy Dickey / Tom Lipincott

Attorney: Greg Erwin

Broker: Tim Dosch and David Marshall (represented seller); Baker Katz (represented H-E-B)

San Antonio-based H-E-B Grovery Co. closed on its purchase of land near the northwest intersection of Kirby Drive and West Alabama Street in February 2018, HBJ reported a year ago. Houston-based firms Dosch Marshall Real Estate and Baker Katz represented the seller and H-E-B, respectively.

The grocery giant has been mum about its plans for the land, but it is partnering with Houston-based Midway Cos. to develop the property. Midway did not share any information about H-E-B at the time, and a timeline for development was not available.

The Upper Kirby area is a hot spot of grocery activity, with Whole Foods Market just across Kirby Drive and Trader Joe’s half a mile east on West Alabama. Additionally, H-E-B’s Montrose store is a mile east on West Alabama, and its Buffalo Speedway store is less than two miles away.

Size: Undesclosed

Project value: Undisclosed

Finalist: Beacon Hill

Developer: Wolff Cos.

Buyer: Wolff Cos.

Seller: Schild family of Waller

General Contractor: N/A

Architect: N/A

Engineer: LJA


Broker: Wolff Cos.; Alex Makris and Jeff Pittman of CBRE and Candy Child of Yellow Rose Realty (represented seller)

Attorney: Lee Schlanger

The Signorelli Co. is building a new subdivision called Granger Pines near Conroe on 460 acres. The community will offer more than 1,300 single-family homes on different lot sizes. The property is north of State Highway 242 with immediate access to Interstate 45, Interstate 69 and the Grand Parkway.

The community will have access to natural creeks, walking trails, pocket parks and open green space. The land is part of the underserved part of the greater Houston area.

Size: 460 acres

Project value: Confidential

Finalist: The Trails at Caney Creek

Developer: The Signorelli Co.

Buyer: The Signorelli Co.

Seller: Willis-Waukegan Ltd.

Architect: 4 and 1 Landscape Architecture

Engineer: Manhard Engineering

Broker: Andy Flack

The Trails at Caney Creek is an entry-level community offering 265 acres in an underserved part of Houston. Plans for the development include 1,005 homesites, a three-acre amenity site, natural creeks, a forest and walking trails. The land is positioned north of State Highway 105 and Willis Waukegan Road, just east of Interstate 45. it’s minutes away from the main core of Conro off of Intersate 45.

Size: 265 acres

Project Value: Undisclosed