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Hines Teams Up To Develop Nearly 1,000 Acres Into Housing in Houston Area

First Phase of Brookewater Expected To Be Complete in 2024
Hines partnered with Trez Capital, Caravel Ventures and Sumitomo Forestry on the purchase of about 867 acres in Rosenberg, Texas, with plans for a master-planned development called Brookewater. (Hines)
Hines partnered with Trez Capital, Caravel Ventures and Sumitomo Forestry on the purchase of about 867 acres in Rosenberg, Texas, with plans for a master-planned development called Brookewater. (Hines)
CoStar News
September 19, 2022 | 6:53 P.M.

Hines is teaming up to buy nearly 1,000 acres in Rosenberg, Texas, about 35 miles southwest of downtown Houston, to develop a master-planned community in a bet on long-term demand even as regional sales and listings slow.

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