Planned Community Developers is moving ahead with The Orchard at Lower Kirby, a 122-acre mixed-use development located near the intersection of Beltway 8 and Hwy. 288, in the city of Pearland. The development will feature a hotel and conference center, retail and restaurants, including fine dining, multifamily and high-density single-family residential spaces.
Community Impact reports that the development would be divided into three districts: high-density, single-family residential, and mixed-use commercial; and waterfront entertainment mixed-use. The city has an extensive network of lakes, ponds, and creek systems.
Regarding the conference center, Pearland has proposed a performance-based funding model under which the developer would provide the capital to build the center, and the city would reimburse the developer only once the development meets the agreed-upon success benchmarks.
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