PROSPER – Hines has acquired the remainder of the Lakewood at Brookhollow master-planned community.
The firm will develop 360 single-family home sites in the 121-acre second phase.
Toll Brothers, Highland Homes, Shaddock Homes, and Gehan Homes will add homes when home sites start in 2019.
At buildout, Lakewood at Brookhollow will include 635 single-family lots across 230 acres.
The first phase of the 890-acre master planned Brookhollow neighborhood was recently completed.
Darling Homes, Britton Homes, and David Weekley Homes built homes in Phase I, which includes 247 developed lots and a public park, hike-and-bike trail, pool, and amenity center.
Future plans at Brookhollow include additional high-end single-family development, gated custom homes, luxury townhomes, and ancillary retail.