Hillwood adds 244 acres to planned housing developmentHillwood adds 244 acres to planned housing developmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=126432016-03-29T05:00:00Z2016-03-29T17:00:00Z

​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.
Dallas Business Journal
Dallas-Fort Worth-Arlington
http://www.bizjournals.com/dallas/news/2016/03/28/hillwood-communities-buys-tract-to-expand-800m.html?ana=e_du_pub&s=article_du&ed=2016-03-28&u=yG2E0oPJdYiGi7lZ36mOd56qtUl&t=1459263041&j=71809342Read more at {Source}

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