369 acres sold for more commercial, residential in La Porte

Houston-based Avera Cos. acquired several hundred acres of land near Port Houston in La Porte.

The company bought 369 acres between two large tracts of land from Pittsburgh-based PPG Industries, per an Avera announcement. Both tracts sit alongside Bay Area Boulevard; one tract is 235 acres and the other is 134 acres. Avera sold the 235-acre tract to Beazer Homes, which plans to develop a master-planned community on the land. A portion of the land Beazer bought will also include a multifamily complex and a senior living facility, according to the city of La Porte.

Click to read more at Houston Business Journal.