Lakes of Parkway

Lakes of Parkway is a gated community in western Houston, Texas, also the most southern community in the Energy Corridor. It has 888 lots. Peggy O'Hare of the Houston Chronicle stated in 2002 that the houses were "upscale".

It was developed by Sueba USA Corp. and Kickerillo Cos., a homebuilder. The Hypo-Bank of New York, a branch of Hypo-Bank Munich, financed the development of the subdivision.

Sueba USA, a subsidiary of Süba Freie Baugesellschaft, acquired a 330-acre (130 ha) tract from the Paul Barnhart family for $9.6 million in order to build a residential subdivision. This area was previously used as a cattle ranch. In 1993 Ralph Bivins of the Houston Chronicle stated that "The Barnhart tract is one of the biggest tracts of vacant land inside the Houston city limits." Barnhart owed $1 million in property taxes; because the purpose of the land was changing to commercial uses instead of agricultural uses, Sueba paid off the debt as part of the deal.

Kickerillo agreed to purchase half of the home sites in the tract to develop houses. Development began in 1995. By 1996 Kickerillo agreed to spend $60 million to purchase all of the homesites within the subdivision. Construction in Lakes of Parkway, built on the Barnhart tract, began in 1996. That year, Bivins wrote that Lakes on Parkway was "one of the largest upscale communities to be started inside the Houston city limits in years."

Peggy O'Hare of the Houston Chronicle wrote that in 2002, when adult entertainment businessperson Evan Howard Loewenstein moved to Lakes of Parkway, "he immediately drew attention" by installing security equipment and materials at his house and having a frequent entourage. Residents complained to the homeowners association because many cars were parked in front of the house, while they were required to be in the driveway. On May 12, 2005, federal agents and Houston Police Department (HPD) SWAT officers served a search warrant and arrested Loewenstein and his ex-wife, and a bank bought the foreclosed house for $700,000 ($858391.55 when adjusted for inflation) at an auction in June 2005.

Development of new houses in Lakes of Parkway ended in 2009.

The community, on 315 acres (127 ha) of land between Texas State Highway 6 and Eldridge Parkway and south of Briar Forest Drive, is in proximity to the southwest corner of Briar Forest Drive and Eldridge Parkway. It is south of and across from Parkway Villages, another subdivision developed by Sueba USA.

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