CRE Briefs: Luxury Development Breaks Ground in Fast-Growing DFW Neighborhood

By Bianca R. Montes – May 5, 2021

The statistics of homebuying in Collin County continue to impress. Median home prices have increased 13.4 percent in the first quarter, home inventory for sale is at a record low, and the average day on the market is fewer than 36 days. City officials in Anna and the team at Dallas developer Centurion American broke ground on The Villages at Hurricane Creek, a sought-after new development that has brought the first water and sewage west of I-75 in that town. Mayor Nate Pike signaled that this was a landmark development for the fast-growing town north of Dallas.

“As the centerpiece of Anna’s west side, The Villages of Hurricane Creek leverages our ideal location in northern Collin County to draw a diverse mix of residents from throughout the region and meet the needs of our rapidly growing community,“ said Mayor Nate Pike of the City of Anna. “This groundbreaking represents another step in Anna’s trajectory as a flourishing community where our neighbors can enjoy an exceptional quality of life.”

The Villages of Hurricane Creek is a multi-phase mixed-use development. Phase one will include one- and two-story single-family homes, garden homes, and townhomes, which feed into the Anna Independent School District. The collection of homebuilders are Beazer Homes, First Texas Homes, and Mattamy Homes.

Centurion American Development Group is the developer of the revamped Statler Dallas hotel and master-planned communities, including Collin Creek in Plano, The Riverwalk in Flower Mound, Entrada in Westlake, and City Point in North Richland Hills.

Via D Magazine.

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