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1-594: Friendswood Development Company is a real estate development company operating in Greater Houston . The company is a subsidiary of Lennar . The company is best known for developing Kingwood , a 15,000-acre master-planned community northeast of Houston with more than 20,000 homes, developed over a 40-year period. The company also developed the Clear Lake City area near NASA in 1962. Greater Houston Too Many Requests If you report this error to