Friendswood Development Company

Friendswood Development News

Welcome to the Friendswood Development Company News section, or the Friendswood Development Blog. Here you will find frequently updated news and events regarding our Houston communities, Houston builders, and new model homes opening up in and around Houston.

Feel free to share your thoughts and comments, as we join together with the Houston area communities and citizens in building an interactive relationship!

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Friendswood Development Company along with Village Builders are working together to build a new home and donate all proceeds to three local charities - Texas Children's Cancer Center, The Alzheimer's Association and HomeAid. Members from both companies along with representatives from the three charities and members of the Greater Houston Builders Association are pictured at the groundbreaking of the homesite in Oakhurst at Kingwood, where a new Village Builders home will soon be built. The home is a part of the GHBA's Benefit Homes Project, which has been bringing together association members and volunteers to benefit local charities.


Friendswood Development Company and Village Builders are teaming up to carry on a 30-year tradition in Houston that has raised millions of dollars for local charities.

The 2010 Greater Houston Builders Association’s Benefit Homes Project will feature a new home built by Village Builders on a home site donated by Friendswood Development Company in its Oakhurst at Kingwood community.

For more than three decades, the GHBA has worked with its member partners resulting in raising more than $5 million for local charities. This year once again, proceeds from the sale of the home will benefit Texas Children’s Cancer Center, The Alzheimer’s Association and HomeAid Houston.

“We’re proud to be a part of this important project that enables us to give back to the community and great organizations that help the young, the elderly and the less fortunate,” said Tim Fitzpatrick, Community Development Manager for Oakhurst at Kingwood. “We appreciate all of the hard work and efforts of all of the donors and volunteers who bring the Benefit Homes Project together are confident that once again, the result will be a great success.”

Ground breaking for the Village Builders home is planned for this month and is expected to be completed by late spring.


For nearly four years, the associates of Friendswood Development Company have been honored to donate their time, talents and hearts to a group of very special children and their families who are confronting what is often one of the most difficult challenges they will face in their lifetimes.

Each month, a team from Friendswood Development Company visits Houston’s Ronald McDonald House, located in the Texas Medical Center. Houston’s Ronald McDonald House has been a critical home away from home to families with children undergoing treatment for cancer and other life-threatening illnesses.


Texas Adds 50,000 Jobs in the Fourth Quarter

Keeping with the trend of a stabilizing and recovering economy, Texas is in the lead with one of the lowest unemployment rates in the nation, having an additional 50,000 new jobs added in the last quarter.

According to a study by SigmaBleyzer, Texas is one of the 10 largest states that can boast having the lowest unemployment rate. Despite losing 24,000 jobs in construction, trade, transportation and hospitality, Texas actually added 50,000 new jobs during the last quarter.

It is not only a decrease in unemployment that makes many hopeful; there are also continuing signs of recovery in the housing market, as well as the fact that Texas has one of the fastest growing populations in the country. This steady population growth will continue to keep the housing demand stable and long-term. It is no surprise then that approximately 27% of all new privately owned housing properties throughout the 20 largest cities in the U.S. are located in the Houston and Dallas areas, according to the U.S. Census Bureau.


Governor Rick Perry was encouraging and hopeful as he gave a speech at the North Houston Economic Outlook Annual Symposium on Wednesday, as he called Houston “a city that gets more attractive every year.” His speech recognized Houston’s strong economic environment and he urged Houstonians to continue in their hard work and commitment.

“Texas leads the nation in so many positive categories, from Fortune 500 companies to job creation,” Perry said, “we owe it to our citizens to continue our economic success by adhering to our proven fiscal disciplines.”

Texas is a leader. This was a point that Perry emphasized as he spoke about the Lone Star State and it’s strong economy. By that leadership Texas remains the top exporting state in the nation for the eighth straight year with more than $163 billion in exports for 2009. The exporting industries shipped mostly to Mexico, Canada, China, the Netherlands and Korea with goods mostly in the areas of computers and electronics, chemicals, machinery, petroleum and coal, and transportation equipment.


Lennar Double Your Money Promotion

Lennar will match your tax credit! That means Lennar will match the $8,000 first-time home buyer tax credit and you could have $16,000 toward your new home! Must purchase by April 30th. See builder for more details.

Lennar builds in Friendswood Development Company's Fairfield, Graystone Hills, Oakhurst at Kingwood, Lakes of Savannah and Lakemont communities.


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