Real estate rumblings
"There's a big market for mature couples and individuals looking for new, state-of-the-art homes in the community where they raised their family," Shay Shafie, general manager of Imperial Sugar Land, said in a statement.
That demographic's needs will be delivered in the first two custom neighborhoods: Silent Manor at Imperial, which will offer 27 townhomes and 37 custom patio homes on the waterfront, and Quiet Cove at Imperial, which will offer "79 custom-style patio homes in an exclusive private, gated setting." Work is expected to begin on both developments in the first quarter of 2014.
Construction will commence even sooner on the first phase of multi-family residences, 254 garden-style, one- and two-bedroom units. The luxury residences, with rents ranging from $1,300 to $2,200 each month, are expected to be complete 12 to 18 months after construction starts this summer.
More visible are two of Imperial Sugar Land's signature features: Construction of a stately entrance along Highway 6 is already underway, as well as a "massive water feature" near Constellation Field.