2,500-home community coming in north Fort Worth
Plano-based developer and builder Green Brick Partners has teamed up with Arizona-based Taylor Morrison Homes to design a community of more than 2,500 homes in northern Fort Worth.
Green Brick and Taylor Morrison purchased nearly 900 acres off US Highway 287 near the Sendera Ranch. The two companies plan to lay the foundation stone in early 2021 with a new shared apartment called Madero.
“We are excited to continue expanding our Fort Worth presence and providing home buyers with a fantastic opportunity to live in close proximity to great amenities like Eagle Mountain Lake, while providing easy access to major Fort Worth employment centers,” Jed Dolson, Chief Operating Officer of Green Brick Partners, said in a statement. “In addition to its ideal location, Madero will offer a wealth of amenities that we are sure will set us apart from the competition.”
In addition to home locations, the Madero project will include two equipment centers with resort-style pools, parks, hiking trails and green spaces. There is also land for a retail store in the neighborhood.
Green Brick Partners plans to build 1,250 homes with the Trophy Signature Homes brand.
The homes will range in size from 1,500 to 3,500 square feet and will be priced at $ 200,000.
Taylor Morrison plans to build 1,250 single family homes ranging in size from 1,400 to 3,000 square feet. These homes will also start in the high $ 200,000.
“North Fort Worth is one of the fastest growing areas of D-FW,” Keith Hurand, president of Taylor Morrison’s local division, said in a statement. “The trend of spending more time at home is not going to go away anytime soon, and buyers are looking for master-planned communities like Madero with quality amenities in their neighborhoods.
“Taylor Morrison will offer designs inspired by our homeowners, with options like offices for work from home, flexible spaces for the home gym, or ideal spaces for virtual learning to maximize how they enjoy their living space. “
Taylor Morrison in North Texas also builds under the Darling Homes brand.
Builders and developers have scrambled to launch new projects in North Texas to meet the growing demand for homes.
Record-low mortgage rates have led to an increase in home purchases despite the pandemic.
In the second quarter, new buildings in the D-FW area increased by almost 18% compared to the previous year.
The Madero parish will have 2,500 houses.(Green Brick Partner)