Mar 29, 2016
Hillwood adds 244 acres to planned housing development
CELINA – Dallas-based Hillwood Communities has closed on its purchase of 244 additional acres from the Wells family to expand the company's $500 million, 1,250-home community.Last year, Hillwood acquired 400 acres from the Wells family.The...
CELINA – Dallas-based Hillwood Communities has closed on its purchase of 244 additional acres from the Wells family to expand the company’s $500 million, 1,250-home community.
Last year, Hillwood acquired 400 acres from the Wells family.
The expanded development totaling 644 acres is expected to cost $800 million at the build-out of 2,150 homes. Homes in the yet-to-be named community will range from $275,000 to $400,000.
Construction is slated to start in September, with the initial phase of homes expected to be completed in late 2017.
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.