Construction of Pearland's new, 48-acre mixed-use development is underway.
Just west of Texas 288 and south of Beltway 8, the Ivy District will offer office space, retail shops, restaurants and residential options that include townhomes, apartments, senior living and condominiums. A hotel is also tentatively in the works as well as a 15- to 18-acre park.
Plans call for a 224-unit senior complex with independent and assisted living, which will include nursing care and memory-care spaces. The nearly 18-acre residential area will also deliver more than 140 condominiums, 46 townhomes and 335 apartment units.
The $300 million project comes courtesy of America Modern Green, an American affiliate of the Beijing-based investment holding company Modern Land China. China has become a leading investor in Texas, specifically Houston, having spent $7.4 billion in this state over the last 15 years.
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