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J. Troy Maxwell has been involved in property acquisitions in the Houston area since 1994. In 1999 Mr. Maxwell founded WoodCreek Development Company with Larry Boudloche in order to pursue development opportunities for residential, commercial, industrial, office, and recreational interests.

Mr. Maxwell has significant land acquisition experience, speculative growth analysis, and in-depth knowledge of the Greater Houston, Magnolia, and Katy Market Areas. His project coordination ability has involved land-asset management, general and limited partnerships, equity placements, and infrastructure financing.

Mr. Maxwell assembled the original investor group that purchased the land now known as WoodCreek Reserve, a $300 million dollar development. Since this property’s acquisition in 1996-1998, he has been responsible for all land management activities.

In addition, Mr. Maxwell has acquired 18 properties that amass over 7,100-acres in the Houston area since 1995, which have been sold, developed, or held for investment proposes. Current projects are listed below.

Mr. Maxwell is currently the developer of Crown Ranch in Magnolia, The Reserve at Park Ten in Houston (a class A office building of 150,000 square feet in Phase I), Katy Main Street and WoodCreek Reserve which are both located in Katy.

WoodCreek Reserve is a 500-acre residential and commercial high-end project in Katy, Texas. Homes are being built by Trendmaker Homes, Emerald Homes, David Powers Homes, KB Martha Stewart, and seven custom builders. Homes start in the $300,000’s and escalate to over $1 million. It is known as the premier development in Katy.

Crown Ranch is a 4,000 acre master-planned community in Magnolia with lots being sold to individuals and builders. There will be over 3,000 homes when Crown Ranch is completed. Homes start in the $300,000’s and escalate. It is a high-end, gated, acre lot community with all of the amenities of smaller lot subdivisions.

Mr. Maxwell recently purchased 86 acres at the southwest corner of I-10 and Pin Oak Road for retail and office development. Plans are to have over 600,000 square feet of retail space and 400,000 square feet of office space. This retail project has been dubbed “Katy Main Street”.

In addition, Mr. Maxwell recently purchased 7.3 acres in Park Ten for a new 300,000 square feet, two-office building project called The Reserve at Park Ten. This project also features a hotel component that will have a 180 bed facility. The entire project is being master planned for efficient use of space and will be LEED certified, meaning green buildings.

Mr. Maxwell was one of the general partners of Willow Lake Apartments in Katy, a 336 unit class A project. Willow Lake Apartments, developed over two phases, has stabilized with a 95% occupancy rate and was recently sold to investors in California. In 2007 and 2008, the apartment group purchased a new site in Port Arthur to develop a 372 unit apartment complex. This $28 million dollar project is now complete and in just 8 months has become 88% occupied.

He also recently purchased 2000-acres north of the City of Katy (KISD) for future development purposes called The Reserve at Monterrey Oaks. This land includes an existing airport and plans may include a golf course, over 3,000 homes and over 200 acres of commercial development.

Mr. Maxwell stays extremely active in current market conditions for his market area, which is defined by land in the Greater Houston Region. He is confident that this market area will continue to develop at a faster rate than other markets in Texas and in the nation.

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