Fiscal Year 2015 (FY15) ended on Sept. 30 and boasted some of the highest development numbers the City of Pearland has ever seen. More importantly, the type and quality of these developments were in line with the City’s objective of maintaining safe, sustainable homes and businesses.
September was an active month with a total of 203 single-family permits issued. This is the highest since 2007 for the month of September, and more than double that of those issued in September of last year (95). With such increased permit activity, the number of inspections have been high also. The total inspections for September were 3,724, the highest since 2002, when Shadow Creek Ranch began its expansion.
A total of 1,457 single-family home permits were issued during FY15, as compared to 961 single-family home permits for this same period last year FY2014 – a 52 percent increase. The total valuation being reported for new single-family residential permits was $328,358,299, averaging to $225,300 per home. Of these, 456 single-family home permits were issued during the fourth quarter of the fiscal year, compared to 278 single-family home permits for the same period last year, a 64 percent increase. Future inventory of single-family residential lots remains strong.
In FY 2015, 1,125 single-family residential lots were created, of which 1,082 were final lots (ready to start construction) and 43 were preliminary lots, with construction anticipated in the next six to eight months. Of these total 1,125 lots, 67 percent of the lots had a lot width less than 60’, equating to the Single Family Residential R-4 zoning category, the smallest lot width permitted for single-family residential in Pearland.
Most of the larger subdivisions were generally located west of State Highway 288, south of Broadway. A smaller number of these larger subdivisions were located in the vicinity of Pearland Parkway. On the commercial front, permits were issued for 545 commercial projects with a combined total square footage of 2.1 million square feet (48 acres) and a total valuation of $99.6 million. One of the highest valued commercial project is the Costco Wholesale Store and Fuel Station that encompasses 160,179 square feet and has a project valuation of $13,186,400, estimated to open in November.
Other notable projects with a valuation over $2 million include the City of Pearland Fire Station #2, valued at $3,669,000; Pearland Medical Commons Methodist Medical Office, valued at $2,909,000; MHI Compressor Warehouse build-out valued at $3,750,000; Pearland ISD school renovation, valued at $8,500,000; Profile Wire manufacturing, valued at $2,030,000; and the City of Pearland Reflection Bay Waste Water Treatment Plant temporary expansion, valued at $10,700,000.
Much of Pearland’s growth has been guided by a strong history of Comprehensive Planning. The first Comprehensive Plan was adopted in 1968 and has been consistently updated to respond to prevailing and predicted growth patterns and socioeconomic changes. This tradition continues with the adoption of the 2015 Comprehensive Plan, 47 years later.
The Plan addresses the challenging task of developing the remaining 13.2 square miles to accommodate an additional 100,000 people in the next 25 years, while maintaining a high quality of life. The implementation strategy identifies 14 Priority Action Tasks that staff will focus on in the next 3 years.
For more information, visit PearlandTX.gov.