As Texas continues to see record-breaking numbers of relocation buyers across the state, Hillwood Communities is expanding its footprint in the Dallas-Fort Worth and Houston regional markets.
In October, 2021, Hillwood Communities closed on 440 acres in Manvel, Texas, to create its second Houston-area lifestyle community. Valencia by Hillwood will be home to 938 homes surrounded by miles of trails, multiple lakes, 15 acres for a planned future on-site elementary school, and 28 acres of mixed-use commercial space.
Breaking ground in May, 2022, approximately two miles from its first master-planned community, Pomona by Hillwood, the new community is situated minutes from beaches, state parks, shopping, dining, and other various recreational and entertainment opportunities. Convenient access to thriving employment centers, including the Texas Medical Center, homes in this community are expected to range from $300,000 to $600,000 from top-ranked builders Coventry Homes, Perry Homes, and Pulte Homes.
The DFW metroplex will see a rapidly expanding footprint to support the population and relocation boom in north Texas. Hillwood Communities closed on two separate properties in the AllianceTexas corridor town of Justin and City of Denton. Between the two communities, more than 8,000 homes are coming to the area.
The largest project is the current Hunter Ranch property in Denton. This 3,200-acre community will feature 1,100 acres of parks, trails, and greenspace, including the area’s tallest landmark of Pilot Knob. More than 6,000 homes and 5-million square feet of office, retail, and mixed-use space will make this the largest lifestyle community Hillwood Communities has developed in three decades. In partnership with Hillwood Properties, the new community will expand the residential and commercial opportunities within the AllianceTexas corridor.
In Justin, Texas, the current Traditions 744-acre property will blossom into a 2,300 home community complete with wooded outdoor areas and winding waterways. Additional mixed-use commercial space will add business opportunities to this growing rural enclave.
Both communities names and groundbreaking dates will be released at the end of 2022.