Painted Tree will be divided into many districts, including the Village District, pictured right here. (Rendering courtesy Oxland Advisors)
Painted Tree will be found north of US 380 in close proximity to Lake Forest Boulevard, supplying homes ranging from detached townhomes and cottages to more substantial family properties and luxury estates. Oxland Advisors, a Dallas-based advancement and consulting company, will create the neighborhood.
“With nearly anything this size, you want to provide residences that healthy various demographics, different daily life levels, diverse price points,” Oxland Advisors founder Tom Woliver said.
In addition to presenting a an array of houses, the community will have a emphasis on mother nature and the surrounding environment, Woliver mentioned. A 200-acre greenbelt sits in the center of the site for the neighborhood, Woliver stated, and the development will protect substantially of it to involve mature trees and a all-natural path program as an amenity to inhabitants. A path procedure specialist was introduced in to aid guarantee Painted Tree’s path system will not only run by way of the community but also link to the metropolis of McKinney’s Erwin Park and Bonnie Wenk parks, Woliver explained.
“There’s been a whole lot of assumed and element prepared into this path-dependent, walk-inspired community,” he reported.
In addition to the trail program, Painted Tree will also element neighborhood parks, a group pool and a 20-acre lake, which is the greatest lake in the space, according to a Oxland Advisors information release.
“That’s a terrific thing about this web-site is, oh my gosh, we’ve bought a 20-acre lake that is staying rebuilt ideal now with trees and topography,” Woliver stated. “That’s quite one of a kind in North Texas. So the land is telling us that we want to engage that and let us embrace it and let us get persons in their houses to get out into these spaces and get out into mother nature.”
The 1,100-acre web site was obtained earlier this month by New York-based JEN Partners. Inexperienced Brick Partners has been the first builder to shut on plenty at Painted Tree, and Woliver stated his organization is in conversations with far more builders.
Painted Tree will be damaged into 4 phases, or districts, named right after the topography of their web sites. The Lakeside District, off of Lake Forest and Wilmeth, and the Village District, going through Wilmeth and Hardin, will be the initially phases to get underway in 2021, with residences on the ground in 2022. Just about every district will feature a wide range of houses and builders, Woliver said, with selling price details ranging from more compact $300,000 residences to luxurious estates.
“That’s what would make a fantastic group,” Woliver mentioned. “A community should not be exclusive to one particular. It demands to be inclusive to all. Actually the only way to get by means of 1,100 acres is to have selection. So you need to have a little bit of some thing for absolutely everyone.”