Welcome to today’s roundup of the latest developments in the real estate market, where we explore the expansion and innovation shaping residential communities across the nation. From the grand opening of Beverly by LGI Homes in the Portland area to the ambitious plans for Furst Ranch in Denton County, these master-planned communities are setting new standards for living spaces. Each project, whether in Cypress, Flower Mound, or beyond, promises unique amenities and strategic locations that cater to growing demands. Dive into our detailed coverage to discover how these developments are transforming landscapes and offering enhanced lifestyles to residents.
Development underway for first 1,000 homes of master-planned community in Flower Mound
The partners behind a massive master-planned development in Flower Mound are making progress. Hines, Trez Capital, and the Furst family have acquired the initial 90 acres for Furst Ranch, located at U.S. Highway 377 and Cross Timbers Road. The project is expected to span over 1,000 acres and will include three residential neighborhoods: High Plains, Prairie Vista, and Cross Timbers. Homebuilders such as David Weekley, Coventry, and Drees are involved in the project, with homes starting from $800,000 to over $2.5 million. Development is already underway, and the remaining 948 acres will be purchased over the next six years. The Flower Mound Town Council approved the project in 2022, and future phases may include multifamily units, single-family homes, residences for seniors, and commercial space. This master-planned community aims to meet the growing population demand in North Texas. To learn more about this exciting development, read the full article.
LGI Homes Opens Master-Planned Community in the Portland Market
LGI Homes has announced the grand opening of Beverly, a new master-planned community located 30 minutes north of Vancouver, Washington. This community will feature 389 single-family homes and townhomes at full buildout, with prices starting in the high $300s. Beverly offers 3 to 5-bedroom homes with LGI’s CompleteHome™ and CompleteHome Plus™ packages, providing built-in designer upgrades. Conveniently located in Battle Ground, residents will have access to nearby employers, attractions, and over 20 parks within a 10-mile radius. The community includes a neighborhood park with a playground, pavilion, green space, and walking trails. With homes ranging from 1,112 to 2,332 square feet, LGI Homes aims to provide affordable, high-quality homes in a desirable location surrounded by nature and recreational activities. To learn more about this exciting community, visit the official website.
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Discover the latest news about a master-planned community in The Villages of Viera. This community is making waves in the real estate market, offering a unique and desirable living experience. Find out more about this exciting development and how it is shaping the future of residential communities. To learn more, read the full article.
Hines, Trez Capital buy Acreage for $1B Denton County Community
A major development is underway in Denton County as Hines, in partnership with Trez Capital and the Furst family, has acquired 90 acres of land for the Furst Ranch community. This high-end master-planned community will span over 1,000 acres and cost $1 billion. With plans for 1,300 single-family homes ranging from $800,000 to over $2.5 million, Furst Ranch will offer a variety of lot sizes, including massive lots spanning up to 2 acres. The project has already attracted renowned homebuilders such as Coventry Homes, David Weekley Homes, and Drees Homes. In addition to residential properties, the community will also feature senior living options and retail spaces. Learn more about this exciting development by reading the full article.
Cy-Fair ISD sells 40 acres of land in Dunham Pointe, Cypress area’s newest master-planned communities – ABC13 Houston
Cy-Fair Independent School District (CFISD) has approved the sale of 40 acres of land in Dunham Pointe, one of the Cypress area’s newest master-planned communities. The details of the sale were not disclosed during the public meeting, as they were discussed in closed session to protect the entity’s position in negotiations. CFISD had previously purchased 145 acres from Dunham Pointe for the construction of an educational village, including a new elementary school, middle school, and high school. The timeline for these facilities is dependent on voter approval of a bond program. Dunham Pointe, spanning 1,300 acres, will also feature commercial, retail, and multifamily developments. To learn more about this development and its impact on the community, read the full article.