Wednesday, August 07, 2013

Huffines Communities Hired to Develop Forney Residential Community

Dallas-based Huffines Communities said Monday that its been hired to develop the remaining portions of the Heartland residential community location on Interstate 20 in Forney.
The 2,000-acre project was started by Hillwood Residential in 2005 and is owned by HW Heartland, LP, a partnership controlled by a real estate investment fund based in Florida.
The community currently has about 1,100 homes and 3,575 residents.
Houses in the development are priced from more than $130,000 to more than $250,000.
“Huffines is pleased to be selected by Heartland’s owners as the future developer and property manager, especially after a rigorous competitive review in which numerous quality managers were considered,” Phillip Huffines, co-owner of Huffines Communities, said in a statement.
The developers plan to start construction of 170 more home site in 60 days.
Read more at: Dallas News
Author: Steve Brown