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Crow Holdings, James R. Harris Sell to LGI for Master-Planned Community
Crow Holdings and James R. Harris Partners finalized the sale of 389 acres of land in West Fort Worth to LGI Homes. Deal terms weren’t disclosed. Chris Harden and Ryan Duffie of Cushman & Wakefield represented Crow Holdings and James R. Harris Partners.
LGI Homes, the 10th largest homebuilder in the U.S., plans to develop a six-phase master-planned community with a total of 1,225 single-family homes. Home price points are estimated to be between $230,000 and $280,000, with the first phase available in the fourth quarter of 2021 or the first quarter of 2022.
“In Dallas-Fort Worth, brand new single-family homes are hard to come by at this price point,” Duffie said. “With current limited availability, these homes are expected to generate significant interest.”
Located at the northwest intersection of Interstates 820 and 30, the new development is a few miles east of Walsh Ranch, a 7,200-acre master-planned community.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
- ◦Sale/Acquisition
