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Hines Starts Master Planned Community in Dallas Area

by Realty News ReportAugust 25, 2015
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FRISCO, Texas – Hines with and partner Trez Capital of Canada acquired 311 acres in Frisco, near Dallas, for a master-planned community called Edgestone at Legacy. The land deal was handled by JLL.

Home builders in Edgestone include:  Coventry Homes, Darling Homes, Highland Homes, Huntington Homes, Shaddock Homes, and Village Builders.

Houston-based Hines has done a lot of land development, including the 10,000-acre First Colony in Fort Bend County; Las Colinas and Parkside developments in Irving, TX, Palencia in St. Augustine, FL; Merion at Midtown Park in Dallas; Somerset Green in Houston; Carillon in Southlake, TX; Tessera on Lake Travis in Austin; Cool Springs in Franklin, TN; Aspen Highlands and Five Trees Aspen, CO; and Deerfield in Atlanta.

The seller of the land was the Estate of Bert Fields, Jr. Michael Swaldi, Larry McCorkle, and Nick Hayden of JLL represented the seller. Texas Capital Bank, N.A. will provide financing for the development

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