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$850M Morningstar to shine on thousands of Parker County homes$850M Morningstar to shine on thousands of Parker County homeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=111762015-11-17T06:00:00Z

PARKER COUNTY - Construction will begin in December on the $850 million Morningstar development, located in Fort Worth’s extraterritorial jurisdiction in Parker County.

Home builders are scheduled to start construction on about 80 houses by April 2016, with plans to have those completed and ready for move-in by the time school starts next fall.

Morningstar is a 737-acre development about a mile north of I-20 off Farm Rd. 3325, west of the well-known Walsh Ranch.

In the next decade, 2,117 single-family homes will be built, along with 100 acres of parkland, including hike and bike trails along Mary’s Creek, which runs through the property, four lakes connected with cascading waterfalls, and an impressive amenities center.

Tens of thousands of homes are planned for the 7,200-acre Walsh Ranch, which straddles Interstates 20 and 30, over the next several decades.

Ted Wilson of the Dallas-based Residential Strategies consultants said the Morningstar and Walsh communities will complement each other. In the past 12 months, the Aledo market has seen about 326 home starts, triple the rate of just three years ago, he said.​

Fort Worth Star-Telegram
Dallas-Fort Worth-Arlington
Housing
http://www.star-telegram.com/news/business/article44984577.html

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