Dec 8, 2015
52-Acre in Flower Mound set for $160M residential community
FLOWER MOUND - Plano-based Green Brick Partners Inc. recently acquired 52 acres for the development of a $160 million residential community.This project will bring about 450 townhomes and patio homes...
FLOWER MOUND – Plano-based Green Brick Partners Inc. recently acquired 52 acres for the development of a $160 million residential community.
This project will bring about 450 townhomes and patio homes to Flower Mound as an integral part of Southgate, a 110-acre mixed-use development near Gerault Rd. and FM 2499 that will include retail, restaurant and office space.
Jed Dolson, Green Brick’s head of acquisitions said, "The first phase of residential development will commence in spring 2016, with model homes opening in early 2017.”
The homes will be built by one of Green Brick’s subsidiary builders — CB JENI Homes — with five acres of parks and walking trails connecting residents to a $1.5 million amenity center with pool, workout room and entertaining areas.
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