Sale of Massive Gibbs Forest Could Yield Home Sites of the Future.HUNTSVILLE, Texas Huntsville is a city and micropolitan area located in the U.S. state of Texas within Walker County. As of the U.S. Census 2000, the city population was 35,078. Huntsville is the home of Sam Houston State University. -- Developers are setting their sights on Gibbs Forest, 54,000 acres of timberland that is destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. to become the future residential community and investment opportunity of the northern rim of the Houston metropolitan area. The Gibbs Forest, which has just been placed on the market, is already drawing attention from developers and brokers who see its development potential. The Gibbs Forest includes three large land parcels plus timber near Huntsville, Lake Conroe Lake Conroe is a 21,000 acre (85 km²) lake in Conroe, Texas, United States. The lake lies on the West Fork of the San Jacinto River just west of Interstate 45 off of State Highway 105 in Montgomery and Walker counties. The lake runs through classic East Texas Piney Woods forests. and Interstate 45. The land is a 30-minute drive from The Woodlands. "As you may remember, when the Woodlands began 30 years ago people thought it was too far from Houston. But The Woodlands is now the leader in new home sales New Home Sales An economic indicator that measures sales of newly built homes. Released by the U.S. Department of Commerce's Census Bureau, it includes both quantity and price statistics. in all of Texas," said Dan Daniels, a principal of Greater Houston Marketing Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control which is marketing the land with Homeland Properties' Andy Flack, and consultant Len Ronnie. "In the future the Gibbs Forest could be as popular as The Woodlands." The Gibbs Forest land represents the last of the large forest tracts on the north side of Houston before the terrain changes and becomes less wooded, Daniels said. The sale is part of a trend. Some 3 million acres of timberland have been sold in recent years by Champion, International Paper, Louisiana Pacific and others in the so-called "meltdown of East Texas." Large parcels like Gibbs Forest are no longer available, said Daniels. Information about the property is available at www.GibbsForest.com. Importantly, one of the large Gibbs Forest tracts has frontage on Highway 30, the key Walker County highway linking Huntsville and Bryan-College Station. The offering also includes 840 acres in Polk County and 606 acres in Trinity County. The land, currently owned by RII RII Routing Information Indicator RII Remote Ignition Interrupter (monster truck emergency power switch) RII Required Inspection Item (FAA) RII Relevant Information and Intelligence Timberland Partners 3 LP, is 70 miles north of downtown Houston The property includes 38,733 acres of merchantable Salable; of quality and type ordinarily acceptable among vendors and buyers. An item is deemed merchantable if it is reasonably fit for the ordinary purposes for which such products are manufactured and sold. For example, soap is merchantable if it cleans. pine timber, which has been managed as a natural forest with selective cutting. Gibbs Forest is uniquely balanced between being viable for timber production while yielding rich real estate development opportunities. "The rumor of such a sale is already stirring up everyone from brokers and developers to land and timber investors, who because of increasing demand, are having difficulties finding properties," Daniels said. |
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