Friendswood Development Company
- Company typePrivate
- Founded1962
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Friendswood Development Company firmographics
Firmographics- Name
- Friendswood Development Company
- Legal name
- Friendswood Development Company
- Website
- https://friendswooddevelopment.com
- Company type
- Private
- Founded year
- 1962
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Friendswood Development Company industry classification
Industry- Product category
- Residential Land Development
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where Friendswood Development Company is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Friendswood Development Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Others
Revenue model
- Lot Sales to Home Builders: Friendswood Development Company generates revenue by developing raw land into finished residential lots and selling those lots to affiliated home builders including Lennar, Village Builders, and other partner builders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Scotts Bend - East Houston, Homes $260s to $460s |
| Unit Pricing | Pay-as-you-go | Sila - Northeast Houston, Homes $200s to $350s |
| Unit Pricing | Pay-as-you-go | Synova - Homes $230s to $380s |
| Unit Pricing | Pay-as-you-go | Anniston - West Houston, Homes $260s to $520s |
| Unit Pricing | Pay-as-you-go | Samara - Southeast Houston, Homes $270s to $560s |
| Unit Pricing | Pay-as-you-go | Baytown Crossings - Baytown, Homes $210s to $430s |
| Unit Pricing | Pay-as-you-go | Tavola - New Caney, Homes $210s to $530s |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels9 records
Friendswood Development Company product offering
Product offeringCore offering
Friendswood Development Company acquires raw land in the greater Houston area, entitles and develops it into amenitized master-planned and Trailwood residential communities, and sells finished residential lots to partner home builders (including Lennar, Village Builders, Perry Homes, Westin Homes, and M/I Homes) who construct and sell homes to consumers. The company also markets the communities directly to consumers and realtors and offers select commercial land opportunities within its developments.
Product overview
Friendswood Development Company is Houston's premier residential land developer specializing in master-planned communities and trailwood communities. The company develops master-planned communities featuring full amenities, commercial elements, and diverse housing options, alongside smaller trailwood neighborhoods with fewer amenities. The portfolio includes active master-planned communities like Synova, Sila, Samara, Scotts Bend, Anniston, Tavola, and Baytown Crossings, as well as trailwood communities such as Pelly Place, Millers Pond & Millers Pass, Magnolia Ridge, and Pinewood at Grand Texas. The company also offers commercial land opportunities. A wholly owned subsidiary of Lennar Corporation, Friendswood has been developing Houston communities since 1962, creating the area's first master-planned community: Clear Lake City.
Differentiator
Problem solved
Functional benefit
Brands
- Master-Planned Communities: Full-scale master-planned communities with comprehensive amenities, commercial development, and diverse housing options.
- Trailwood Communities
Products and services
- Master-Planned Communities Large-scale, fully planned residential communities with amenities, commercial elements, and mixed housing options spanning from entry-level to luxury homes. Includes communities like Synova, Sila, Samara, Scotts Bend, Anniston, Tavola, and Baytown Crossings. Sold as finished residential lots to partner home builders.
- Trailwood Communities Smaller neighborhoods with the same level of planning as master-planned communities, typically with fewer amenities and no commercial elements, focusing on exceptional value in desirable locations. Examples include Pelly Place, Millers Pond & Millers Pass, Magnolia Ridge, and Pinewood at Grand Texas. Sold as finished residential lots to partner home builders.
- Commercial Opportunities Prime commercial land opportunities available within or near the company's master-planned communities throughout the Greater Houston area, intended for retail, dining, and service establishments.
- Tavola Master-planned community in New Caney, Texas, with homes ranging from the $210s to $530s. Winner of 2023 Texas Star Awards Best Overall Community Over 600 Acres.
- Baytown Crossings Master-planned community in Baytown, Texas, with homes ranging from the $210s to $430s.
- Scotts Bend Master-planned community in East Houston with homes ranging from the $260s to $460s.
- Sila Master-planned community in Northeast Houston with homes ranging from the $200s to $350s.
- Synova Master-planned community with homes ranging from the $230s to $380s.
- Samara Master-planned community in Southeast Houston with homes ranging from the $270s to $560s.
- Anniston Master-planned community in West Houston with homes ranging from the $260s to $520s.
- Magnolia Ridge Trailwood community in Northwest Houston/Magnolia with homes ranging from the $200s to $330s.
- Pinewood at Grand Texas Trailwood community with homes ranging from the $190s to $330s.
- Pelly Place Trailwood community with homes ranging from the $240s to $350s.
- Millers Pond & Millers Pass Trailwood communities in Southwest Houston/Rosenberg with Millers Pond homes from the $280s to $510s and Millers Pass homes from the $240s to $290s.
Companies that use Friendswood Development Company
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Friendswood Development Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Friendswood Development Company partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, major and minor.
- Lennar HomescoreLennar Homes purchases finished lots from FDC and constructs/sells completed homes in FDC communities. This is the primary affiliated home builder in FDC master-planned communities.
- Village BuilderscoreVillage Builders is an affiliated Lennar brand that purchases lots and builds homes in FDC communities.
- Perry HomesmajorPerry Homes is a home builder partner that constructs and sells homes in FDC communities including Tavola.
- Westin HomesmajorWestin Homes is a home builder partner constructing and selling homes in FDC communities including Tavola.
- M/I HomesmajorM/I Homes is a home builder partner constructing and selling homes in FDC communities including Tavola.
- nuHomeminornuHome is an affiliated builder brand that acquires and manages finished homesite portfolios in FDC communities.
- New Caney Independent School DistrictmajorFDC partners with NCISD, particularly at Tavola where Tavola Elementary School is located on-site in the community. FDC has donated over $40,000 to NCISD through the Tavola Reindeer Run event.
- Ronald McDonald House HoustonminorFDC has maintained a 16-year partnership with Houston's Ronald McDonald House, presenting $15,000 as part of the Lennar Focused Acts of Caring program. Associates volunteer monthly and coordinate special events.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Friendswood Development Company competitors and assessment
Company assessmentBroad incumbents
- Landsea Homes: Public homebuilder with Houston-area operations that also engages in community development, representing both a customer (lot buyer) and adjacent competitor to FDC.
- Toll Brothers: National luxury homebuilder active in Houston that develops and operates select master-planned communities, providing both a builder-partner dynamic and adjacent competition to FDC.
Direct peers
- The Howard Hughes Corporation: Develops large-scale master-planned communities (e.g., The Woodlands, Bridgeland) in the Houston region and other MSAs, with similar lot-sales-to-builders business model and community amenity strategy.
- Johnson Development Corp: Houston-focused master-planned community developer with a large portfolio of MPCs in the Greater Houston market, directly overlapping with FDC in submarket, customer base (home builders), and product offering.
- Hillwood Communities: National master-planned community developer (a Perot company) with Texas projects, comparable in business model — selling finished lots to national homebuilders with amenity-led community design.
- Newland Communities: National master-planned community developer with Texas and Houston-area projects, sharing the same MPC concept, builder partnerships, and amenity-rich community design model.
- Signorelli Company: Houston-area master-planned and mixed-use developer with active communities in the broader Texas market, selling finished lots to home builders and developing retail/commercial components within communities.
- Centurion American Development Group: Texas-based master-planned community and mixed-use developer with active communities in the Dallas-Fort Worth area and broader Texas, comparable in scale, product type, and homebuilder distribution model.
Emerging players
- Rosewood Communities: Texas-based community developer active in the Houston region, competing for land positions and home builder partnerships in similar submarkets.
- DMB Associates: Master-planned community developer active in select Sun Belt markets with a similar amenity-driven community model and homebuilder distribution model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Friendswood Development Company social profiles
Digital presenceFriendswood Development Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Friendswood Development Company leadership team
Management profileNumber of profiles
Profiles8 records
Friendswood Development Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Friendswood Development Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Friendswood Development Company
What does Friendswood Development Company do?
Friendswood Development Company acquires raw land in the greater Houston area, entitles and develops it into amenitized master-planned and Trailwood residential communities, and sells finished residential lots to partner home builders (including Lennar, Village Builders, Perry Homes, Westin Homes, and M/I Homes) who construct and sell homes to consumers. The company also markets the communities directly to consumers and realtors and offers select commercial land opportunities within its developments.
Is Friendswood Development Company a public or private company?
Friendswood Development Company is a private company. It is classified as corporate owned and is currently operating.
When was Friendswood Development Company founded?
Friendswood Development Company was founded in 1962. It employs 11 to 50 people.
Where is Friendswood Development Company based?
Friendswood Development Company is headquartered in Houston, United States, in the North America region.
How does Friendswood Development Company make money?
One revenue line is on record: lot Sales to Home Builders.
Who are Friendswood Development Company's main competitors?
Broad incumbents on record are Landsea Homes and Toll Brothers. Direct peers are The Howard Hughes Corporation, Johnson Development Corp, Hillwood Communities, Newland Communities, Signorelli Company and Centurion American Development Group. Emerging players are Rosewood Communities and DMB Associates.
Does Friendswood Development Company have an API?
No public API is recorded for Friendswood Development Company.
What industry is Friendswood Development Company in?
Friendswood Development Company's product category is Residential Land Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its SIC code is 6552.