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News Digest
By: PointLine Media Research & Editorial Team
Sector:Business,Home & Family
June 29, 2026
Tri Pointe Homes and Toll Brothers have announced a joint venture to develop Evergrove, a residential community in Fort Bend County near Richmond and Fulshear, Texas. The project will feature approximately 2,000 homesites across a landscape defined by Jones Creek and mature trees. Presales for the new development are scheduled to begin in July, with initial home pricing expected to start in the mid-$400,000s. The community aims to integrate modern design with preserved natural green space and diverse recreational amenities.
The Evergrove development represents a strategic expansion within the Richmond and Fulshear corridor, an area that has experienced significant demand for new housing due to its proximity to regional employment centers and the Greater Houston market. By utilizing a joint venture model, Tri Pointe Homes and Toll Brothers combine their respective resources to manage the scale of a 2,000-homesite project. This partnership reflects a broader industry trend where large-scale developers collaborate to share development risk while addressing the need for varied housing inventory in high-growth suburban regions. The focus on integrating natural features like Jones Creek into the site plan suggests an effort to differentiate the product within a competitive regional real estate landscape.
From a market perspective, the project's price point and location within the Lamar Consolidated Independent School District position it to appeal to a wide range of move-up buyers and families. The inclusion of diverse lot sizes, ranging from 45 to 80 feet in width, allows the builders to offer a tiered product mix that can adapt to shifting buyer preferences. As suburban development continues to push further into the Greater Houston periphery, the success of communities like Evergrove will likely depend on the balance between infrastructure access, such as the Grand Parkway and Westpark Tollway, and the availability of localized amenities that support long-term resident retention and community stability in an evolving economic environment.