Brookfield Residential Buys 476 Acres in Houston’s City Place

Brookfield Residential has purchased 476 acres within City Place, a master planned community in north Houston anchored by ExxonMobil's global headquarters. The land was bought from CDC Houston Inc., a subsidiary of Coventry Development Corp. of New York.

The new community, to be called Gardenlight City Place, will mix traditional single-family detached homes with higher-density housing that fits the commercial core already built out. It will be the third residential community at City Place, following Audubon Grove and Harper Woods. The site sits near Interstate 45, the Grand Parkway and the Hardy Toll Road, roughly 25 miles from downtown Houston and close to The Woodlands and Bush Intercontinental Airport.

City Place, originally called Springwoods Village, began in 2008 after Exxon committed to consolidating its Houston offices. Its 385-acre campus opened in 2014. CDC Houston says more than 20,000 people work in the development.

Brookfield plans early site work in early 2027, with first homes for sale in 2028. Home counts, builders and pricing have not been announced. The project extends a prior partnership between the two companies on the Midline community near Clear Lake.

For builders and lenders, this signals a sizable new residential pipeline in a established employment corridor, though entitlement and pricing details remain pending.