Texas-based Green Brick Partners announced that they have acquired 96 acres of land in Frisco, Texas, which will be used as the future site for the 350-home Frisco Spring development. The development will consist of townhomes and traditional single family homes.

The townhomes will be built by CB JENI Homes, a subsidiary of Green Brick Partners. The single family home sites are planned for sale to third party builders. The homes will be situated around 20 acres of open space with walking trails, and the development will include an amenity center with a pool, work out room, and entertaining areas.

Jed Dolson, Green Brick's Head of Acquisitions, said, "The first phase of residential development will commence in early summer of 2016, with model homes opening in spring of 2017. Frisco Springs will be one of the most desirable neighborhoods in Frisco and only minutes from the Five Billion Dollar Mile that includes new headquarters for Toyota, Liberty Mutual, the 6000 worker JPMorgan Chase new office campus and the Cowboys new training facilities and stadium."

Read more >