North Texas’ relentless growth just got another boost with yet another development announced in fast-growing Celina.
The city just north of Prosper and Frisco is getting a new residential development from Green Brick Partners—the third largest homebuilder in Dallas-Fort Worth—and Hersh Family Investments. Called Rainwater Crossing, it spans over 550 acres and will feature more than 1,900 homesites, along with “an impressive array of amenities.”
Rainwater Crossing will be going up east of Preston Road, near County Road 134. Green Brick said its plan incorporates 42 acres of open space, “including approximately 13 acres dedicated to the city of Celina as public parkland, private amenity sites, miles of pedestrian trails, linear parks, and pocket parks that encourage community connectivity and outdoor activities.”
Rainwater’s primary amenity center will feature “a resort-style clubhouse, a swimming pool, playground, and sport courts,” Green Brick said.
The development will be the sixth Celina community Green Brick has been involved in, the company added.
HFI chairman Ken Hersh said in a statement that Green Brick’s family of builders has “a reputation for quality” and “delivers exceptional homes” with a focus on creating “desirable, vibrant communities.”
Four Green Brick subsidiary builders—CB JENI Homes, Normandy Homes, Southgate Homes, and Centre Living Homes—are slated to build Rainwater Crossing’s homes.
Jim Brickman, co-founder and CEO of Green Brick, said that through his company’s collaboration with HFI, “we can bring desirable, needed housing to the Celina area through our builders who will offer a diverse array of products to potential homebuyers, ranging from townhomes to luxury homes.”
Celina’s on the fast track for growth
The Rainwater announcement is just the latest signpost for Celina’s fast-growing future.
In January, Hillwood Communities announced its fourth master-planned development in Celina. Called Ramble by Hillwood, its plan features 4,000 homes slated to “wind through an immersive nature experience” just north of downtown Celina.
In November, we told you about the planned 1876 Country Club in Celina.
And in February 2023, Frisco-based developer Rockhill Capital & Investments announced a new 150-acre residential community called The Ranch at Uptown Celina, with plans to feature more than 450 homes by Taylor Morrison and Toll Brothers.
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Dolson's operational leadership has played an "integral role" in the company's growth from selling less than a dozen homes in 2009 to a publicly traded giant today. Fortune Magazine has named Green Brick one of the fastest-growing public homebuilders and developers for the past four years, the company says.
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The planned 641-acre Rainwater Crossing development will now feature additional green space and amenity centers compared to an earlier proposal approved in 2016, according to a report by the Dallas Morning News. Around 13 acres of park land ribboned by trails will surround a pond at the project.
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Hillwood Communities announced its fourth master-planned development in Celina, one of the fastest-growing areas in North Texas. Ramble by Hillwood is planned just north of downtown Celina. with 4,000 homes slated to "wind through an immersive nature experience" a short drive from Frisco and McKinney in Collin County.
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According to the Dallas Morning News, Netze Homes plans to break ground on 150 homes this year in Corinth, Denton, Krum, McKinney, Mesquite, and Van Alstyne. The developer aims to max out its factory in 2024 to produce 300 homes a year from three metal-forming machines run by 20 employees.
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Landsea Homes Corp., which relocated its headquarters earlier this year from California to Dallas, announced in October it has acquired the assets and lot inventory of Richfield Homes, making its entry into the Colorado market. "We are very excited about this transaction, as it provides Landsea with a unique opportunity to establish a presence in one of the best housing markets in the country," Landsea CEO John Ho said in a statement. "This is another step forward in our ongoing plans to create communities in desirable locations across the United States and provide high-quality homes where residents can enjoy 'Living…
