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THE WOODLANDS — Greystar Real Estate Partners has purchased a 12.4-acre site in the Village of Grogan's Mill in The Woodlands for construction of a three-story, 300-unit upscale garden apartment community. Construction is set to begin in spring 2011 with the opening scheduled for early 2012. The project's architect is Meeks + Partners Architects and Greystar Development & Construction, L.P., is serving as its general contractor.