Posted Feb 6, 2018, 11:09 PM
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Registered User
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Join Date: Sep 2011
Location: Dallas
Posts: 2,221
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1,000-home community valued at $300 million coming to Forney
Project Location
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Long-time Dallas developer Wynne/Jackson plans to build the new Oakland Grove community in Forney on 336 acres on FM 548 between Interstate 20 and U.S. Highway 80.
The $300 million project will have homes priced between $275,000 and $400,000.
"Our objective is to deliver a very high quality, highly amenitized master planned community like you would find in the northern submarkets, but with excellent proximity to the largest employment base in D-FW and with quality homes that are much more affordable than what you would find in the northern communities," said Wynne/Jackson principal Michael Jackson.
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Along with home sites, the development will have open space, miles of pedestrian trails, a site for an elementary school, a community garden area and a resort-style amenity center.
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The first building sites will be ready in March of 2019.
Builders Taylor Morrison and CalAtlantic Homes have contracted to purchase all of the first-phase 327 home sites.
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