Fifteen-and-a-third acres, located at the intersection of Katy Terrace Drive and Hwy 1093, have been purchased to build apartments in the master-planned community of Cinco Ranch.

According to The Houston Business Journal, Judwin Realty Group LLC has acquired the land. “Judwin’s Jerry Wionograd says the firm is finishing plans for the 316-unit complex.”

Judwin hopes to break ground in the second or third quarter of 2010.

The Houston Business Journal reports, “Houston-based Judwin, which was founded in 1963, owns more than 13,000 apartment units in Texas and Georgia.

For information about Katy area homes, you can search the entire Houston MLS from this blog. For questions or to tour any area homes, contact me directly at 713-818-2404 or via email. I have specialized in Katy real estate for over 20 years. Experience does count!