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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Hurst homebuilder plans Craig Ranch sites

 


Our Country Homes of Hurst has purchased 21 custom home sites at The Settlement in Craig Ranch, the 2,200-acre, master-planned corporate, residential and retail community in McKinney.
“We are one of the few developers in Collin County with well-located custom home lots on the ground, and we have seen a strong interest in these lots this year,” said Miles Prestemon, chief operating officer of Craig Ranch, commenting in a news release.
The transaction sees Our Country Homes make its first major expansion into Collin County after operating primarily in Tarrant County.
Our Country Homes plans to introduce what it calls a new Platinum Series of luxury home designs to the Collin County community. Construction on a model home and three additional home is scheduled to begin early this month. Home prices are expected to start from the $500,000s.
“We are excited about the opportunity to make Craig Ranch one of our first communities in Collin County,“ said Dustin Austin, president of Our Country Homes.
“We wanted to be in the most active luxury market in Dallas-Fort Worth area and clearly Collin County is the place to be,” said Austin, adding that his firm chose Craig Ranch because of what he called its unmatched signature amenities, Frisco schools and location.
Despite its newly announced McKinney incursion, Our Country Homes has built primarily in and around Fort Worth, concentrating on Northeast Tarrant custom neighborhoods in Hurst, North Richland Hills and Keller.
More information about Our Country Homes is available at www.ourcountryhomes.com.
More information about Craig Ranch is available at www.craigranchtx.com. - Lee Graham, lgraham@bizpress.net
 

 

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