A Kenedy, TX, Eagle Ford Shale housing development is on its way. A San Antonio based company is has acquired 166 acres where the new “Kenedy Station” residential and commercial development will be started later in 2011. The master plan for the community will add a combination of 500 homes and apartments to the area. Those homes should be in high demand as most oilfield workers are forced to commute from other towns or have to stay in hotels for months at a time.
A 10-plex apartment complex and 5-6 homes will be constructed later in the year. The first phase of development will include up to 17 homes. Hotels and RV parks continue to boom and expectations are for more permanent housing to be constructed as oilfield workers plant roots in what is expected to be a multi-decade development. [Read more…]