Homebuilders
to begin 2,000-home community near Lake Lewisville
Apr
8, 2015 - Dallas Business Journal
A
group of homebuilders are beginning work on a project slated to bring about
2,000 homes to a 500-acre development along Lake Lewisville in Denton County,
which is being developed by Charlotte-based Crescent Communities in partnership
with Taylor Duncan Interests.
The
builders — K Hovnanian Homes, Highland Homes and MHI McGuyer Homebuilders —
expect to soon begin construction on the model homes of the community, called
Wildridge, with the first models completed by June.
The
homes will range in price from the $300,000s to the $500,000s. The homes will
range from 1,800 square feet to 4,800 square feet of living
space.
"These
top-notch builders are bringing a wide selection of homes to Wildridge that will
assist in realizing the aesthetic vision for the community, enhancing the
property's character and the residents' quality of life by preserving the
natural environment," said Steve Yetts, a senior vice president at Crescent
Communities, who is overseeing the master-planned
community.
Wildridge
will include a community center with a pool, parks, walking trails, natural
ponds and other amenities for residents. The community is located near Oak Point
Elementary School, which opened in 2008.
North
Texas' residential market has been hot as thousands of jobs are brought to the
region through company expansion or relocation. This spring's rainy weather has
caused
a little bit of delay in construction, but that hasn't stopped the demand for
homes.