Dec 16, 2015
Second act for Gateway’s 2,000-acre community in Forney
FORNEY - Developers have begun construction on the southern portion of a 2,000-acre master-planned residential community, which will bring 1,840 homes to the area.The homes in the second phase are...
FORNEY – Developers have begun construction on the southern portion of a 2,000-acre master-planned residential community, which will bring 1,840 homes to the area.
The homes in the second phase are expected to sell to buyers beginning in the mid-$200,000s.
Gateway Holdings LP has started construction on the second phase, which includes 540 acres on the north and south side of SH 80 within the master-planned community known as Gateway.
The partnership — between Gateway Holdings, the City of Forney, Kaufman County and the Texas Department of Transportation — brought Gateway Bridge over the highway, which connected the 660 acres of property to the north and the 1,400 acres to the southern portion of the master-planned community.
Once the single-family homes are underway, the development group’s vice president Alan Bain said the developer will begin work on the commercial and retail portions of the public-private partnership.
Plans for the community include a resort-style amenity center, jogging trails, playground areas, a 40-acre retail center and more than 1,300 acres for commercial, retail, medical, hotel and some additional homes.
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