Celina 244 acres acquired by Hillwood

​​​CELINA – Hillwood Communities, the master-planned development, has acquired an additional 244 acres in the growing North Dallas submarket. Hillwood is a Perot company.

Hillwood plans to break ground on the development in September 2016, with the first phase of homes being completed in late 2017.

The new project will include approximately 900 single-family homes, resort amenities, multiple community parks, an onsite elementary school, miles of trails and space for new retail venues.

The home price range is estimated to be from $275,000 to $400,000, with the development’s expected contributions to the city’s tax base to exceed $300 million at build out.​