CRE Briefs: Investors Make Way for $2 Billion Master-Planned Community in Celina

Tomlin Investments has repositioned its company for the future development of the $2 billion master-planned community underway in Celina. Now in its 50th year of operation, the company has been quietly putting together large land swaths in all directions, arranging for infrastructure, and getting them ready for development. “We have the ability to envision the most profitable future land use, then obtain proper zoning and plan for utilities to maximize value,” said Dan Tomlin. “It takes a lot of time and patience. It’s what we did with Lone Star Ranch in the ‘90s and it’s what we’ll do with our next projects.” With construction underway at Green Meadows, initial lots and a $4.5 million amenity center, are scheduled for completion by the end of 2020. The first phase of Green Meadows will include 396 homes from the mid $200s by Castlerock Communities, Gehan Homes, Pacesetter Homes, and Stonehollow Homes. The community will have approximately 4,500 homes at build-out. Ted Wilson, head of Residential Strategies, a market research firm, says Celina has been one of DFW’s fastest-growing areas. “Six years ago, the area was producing under 100 new home starts per year,” said Wilson. “Today, Celina is the fourth most active new home market in DFW with almost 1,500 starts per year. Click to read more at