Meridiana Crossing

Manvel, TX

Netra Capital and its partner members acquired highly potential 20 acres of commercial land, comprising two equal and contiguous parcels in Manvel, Texas. Once a sleeping suburb 23 miles from Houston, Manvel saw recent surge in economic development owing to Hwy 288 expansion project that aims to enhance accessibility to Texas Medical Center and Downtown. A 180-mile circumferential Grand Parkway project is underway, traversing seven counties in the Greater Houston area cutting Hwy 288 just past Iowa colony. The proximity to Houston and Pearland coupled with major access ways makes this small town in Brazoria County an investor’s dream.
The subject property is located at the intersection of Jordan Street and Peters Road which is planned to cut through Highway 6 providing a major access point to Meridiana development. Meridiana is a spectacular 3,200-acre development that features a host of award-winning amenities, set within elegantly landscaped creeks, bayous and water features. A stone’s throwaway from the subject property are Manvel High School, Alvin ISD’s 10,000 capacity sports complex – Freedom Field and proposed Iowa Colony High School.
This offering is for a planned development of retail and multifamily residential development. Extensive feasibility studies are ongoing currently, including floodplain mapping, detention design, project land planning and site design.

Market Summary

Manvel, Iowa Colony and Alvin cities became the destination for Houstonians looking to
live away from center of town to less hectic suburban edges. With Meridiana, Sierra Vista,
Sterling Lakes, Presidio, Pomona and 6 other residential developments in the area, the city is
struggling to keep up with the retail needs of the residents. Netra Capital is proposing this
commercial project in the time when Meridiana needs it the most. From 10,000 to 130,000
projected residents in 20 years, Manvel City is focusing on infrastructure development. Manvel
City median household income is $90,000 with 90% residents in white collar jobs.
Keeping these factors in consideration, City’s Economic Development Corporation strongly
backs the private investors willing to meet the city’s growth needs.
Some of the major landmarks and their distance from this property:
Access from Hwy 6 within 1 mile
Pearland Town Center 10 mins away

Houston Hobby Airport is 20 mins away
Sugarland is 20 mins away
Texas Medical Center is 25 mins away
Downtown is 25 mins away
NASA and Houston Ship Channel are 30 mins
DOW & BASF Chemicals are 30 mins away


Manvel, Texas’s estimated population is 11,535 according to the most recent United States
census estimates.  The population density is 452.34 people/mi² (174.65 people/km²). The
overall median age is 30 years. Based on data from the American Community Survey, in 2017
there were households in the city, with an average size of 3.07 people per household. The
median income for households in Manvel, Texas is $90,195, while the mean household income
is $108,796. Approximately 90% of the population are white collar workers.