Houston-based real estate firm Venterra Realty broke ground earlier this month on Camber Ridge, a 312-unit multifamily addition to Houston-based developer Johnson Development Corp.’s Cross Creek Ranch, a master-planned community covering 3,200 acres in Fulshear, Texas.
Located 30 miles west of downtown Houston, Camber Ridge is located on the Texas Heritage Parkway, offering access by car to nearby Katy, Sugar Land and Richmond/Rosenberg, as well as Houston’s employment centers within a 45-minute commute. A future elementary school and the Lamar Consolidated Education Center, which includes two middle schools and a high school, are located close by.
"Fulshear is an exceptional investment opportunity due to its strategic location, flourishing economy and strong prospective renter base," said John Foresi, CEO of Venterra Realty, in the release.
Cross Creek Ranch is largely a single-family home master-plan that consists of more than 6,000 homes, according to Johnson Development’s website. Camber Ridge is the second multifamily property planned for the site, following Broadstone Cross Creek Ranch, a 348-unit property by Greystar that opened in 2023. Amenities include a water park, 45 miles of trails, lakes, public parks, playgrounds, community pools and fitness space.
Camber Ridge will consist of a three-story building wrapped around a central courtyard. It will include a community clubroom, pool, outdoor lounge, fitness center and coworking spaces as amenities. The first units are expected to come online in the second quarter of 2025.
Venterra Realty manages more than 25,000 apartment units across approximately 85 communities in the Southeast and Texas, over 20 of which are in the Greater Houston area. Its portfolio of multifamily assets is currently valued at over $5 billion, according to the release.
