Trend Development and Forestar Announce New Residential Community by the Sea

HOUSTON, TX (November 19, 2007) – Trend Development, Inc. and Forestar Real Estate Group are pleased to announce the grand opening of Caracol, a premier master-planned community located along the Texas coast in Port O’Connor.

Bounded by the Intracoastal Waterway, Caracol is located in an historic area known for its inshore and offshore fishing, shelling and birding. The new development features 74 home sites, 70 of which are canal-front where residents can tie their boats off right outside their homes. Caracol’s canals offer residents easy access to the Gulf of Mexico and multiple bays and can accommodate offshore boats.

“We are excited to bring this unique community to the Texas coast,” said Rob Fondren of Trend Development, Inc. “Port O’Connor has been a favorite vacationing spot for my family for years and I am excited to share it with those who have a similar love for coastal living.”

Inspired by coastal beach villages and exclusive canal communities on the Florida coast, careful consideration was taken in the design of Caracol. The gated entryways, brick and concrete-paved drives and lush, tropical landscaping compliment the region’s architectural heritage and natural beauty. In addition, architectural controls have been set into place to preserve the community’s casual, yet upscale lifestyle.
Home sites begin in the $100,000’s and range in lot widths from 40 ft. to more than 100 ft. A welcome center is located onsite and is open seven days a week.

Plans for the second phase of Caracol, feature a mid-rise, condo community situated on a marina.

About Trend Development, Inc.
Trend Development, Inc. is a small, privately held, Texas real estate development group, with multiple large-scale projects in Texas in various stages of development and construction, including the master-planned communities of Gleannloch Farms and Long Meadow Farms.

About Forestar Real Estate Group
With offices in Austin, Atlanta and Dallas, Forestar Real Estate Group has been in the real estate development business for nearly half a century. Forestar and its affiliates currently have over 78 projects in eight states and 12 markets, including all the major markets of Texas. Forestar is a wholly-owned subsidiary of Temple-Inland, Inc., an Austin-based Fortune 500 company.

* High-res renderings available upon request.

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