The Dallas-based office of Trez Capital has provided $58 million in financing for phase one of Preservation Creek, a new master-planned community in Alvin, within the Houston metropolitan area (MSA). W Land Development is developing Preservation Creek. The financing will recapitalize the project and fund horizontal development of phase one, including utilities, streets and other infrastructure.
When complete, Preservation Creek will include a mix of single-family homes, duplexes, and BTR residences, as well as commercial and retail sites, multifamily properties, an extensive amenity package, and an on-site elementary school.
Located at FM 1462 and County Road 395 in Brazoria County, the community is about 30 miles south of downtown Houston.
W Land Development says it manages every phase of the development process from strategic land planning and MUD district creation to platting, permitting, infrastructure construction, and community amenity delivery.Â
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