New Construction
The community, to be known as Silverton, will offer single-family homes in a future phase of development.
The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges.
The unnamed community will bring 269 units and is being co-developed with TMGRI from Dallas.
Trilogy bought the site of the future community from Blue River Development, which also sold it the homebuilder, now known as Rêve Homes.
The developers recently secured a $42.74 million construction-completion loan for the first phase of project, which is leasing up.
The Lyniece Talmadge family sold the land, which overlooks the J.W. Smith County Reservoir, with the help of SSG Realty Partners.
At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Monte Hewett Homes and Kingdom Estates are developing a 1.61-acre parcel at 236-244 N. Main St.
Pulte Homes is the first national homebuilder to join in the build-out of the 1,140-acre master-planned community in Jefferson.
The Atlanta-based build-to-rent developer is rolling Blue River into a new homebuilding company, Rêve Homes.
At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.
Oak Valley Estates is offering 23 homes priced from the $700,000s.
The Juniper and The Reserve at Juniper will bring 360 units and 167 boutique apartment homes, respectively, to the Midtown market.
The development, to be known as Bridlefield, will offer homes in three collections priced from the mid-$800,000s.
The ambitious project will deliver up to 10 million square feet of manufacturing, data center and logistics properties, plus 2,800 residences, over a 10- to 12-year buildout period.
The developments, Wildwood Place and Wilkins Walk, will bring 65 and 76 townhomes to market, respectively.