The story
The company was founded in 1962 as a subsidiary of Humble Oil, now ExxonMobil.
In 1963, the company established Clear Lake City, its first project.
In 1970, The company developed Kingwood master planned community.
In 1991, the company broke ground on the first new office building in Houston in 5 years.
In June 1995, Exxon put the company up for sale.
In December 1995, Lennar acquired the company for $110 million.
In 2014, the company expanded several of its communities.
In 2015, the company announced 3 new communities in northeast Houston.
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In 2016, the company opened Knoll Park, its first development in urban Houston.
In 2017, the company launched its third residential development in Houston.
From Wikipedia’s article on Friendswood Development Company, shared under CC BY-SA 4.0.3