|Groundbreaking: $500M Lilyana community in Celina||Groundbreaking: $500M Lilyana community in Celina||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=14002||2016-08-02T05:00:00Z|
CELINA, COLLIN COUNTY - Ground has been broken on the $500 million master-planned community by Hillwood Communities—known as Lilyana.
Lilyana will entail a master-planned community of 1,250 single-family homes featuring resort-style amenities
The first phase of homes will be completed in spring 2017.
Homes are expected to have an average price in the high $300,000s.
The 400-acre tract at the northeast corner of FM 1461 (Frontier Parkway) and Coit Road is approximately ten miles north of Frisco and the area known as the $5 Billion Mile.
Hillwood acquired the land from the Wells family (owners of the property since before the Civil War) in 2015.
Plans for the community include resort-style amenities, 63 acres of green space with multiple community parks and several miles of trails.
Lilyana is located in Prosper ISD.
|Dallas Business Journal||Dallas-Fort Worth-Arlington||Housing|| http://www.bizjournals.com/dallas/news/2016/07/28/hillwood-communities-500m-master-planned-community.html|
See NTREIS 2Q 2016 statistics for Collin County here.