There’s a revamped vision for a 3,100-acre, mixed-use development in Denton. The Cole Ranch Company L.P. and Denton Range LLC have entered into a partnership...
The Cole Ranch Company L.P. and Denton Range LLC have entered into a partnership with Houston-based Johnson Development on the planned The master-planned community, located west of Interstate 35W and south of the Denton Enterprise Airport, will include approximately 4,365 single-family homes.
Home sales are expected to begin in 2027, Johnson Development announced Monday.Plans to develop the area around Cole Ranch date back decades. Public meetings to discuss the thousands of homes coming to the site were held in 2015, and the Texas Legislature approved a municipal management district agreement for the Cole Ranch project in 2019., reducing light industrial zoning by more than 300 acres. More of the site will be designated for mixed-use and residential purposes. The foundational elements of the project remain the same, but Johnson Development assisted with some tweaks, said CEO and president Michael Smith.The project’s trail system was expanded. Cole Ranch will preserve about 1,200 acres of green space with at least 26 miles of trails. Portions of the trails will explore the heavily-treed Hickory Creek areas. The property will also feature two community centers and enhanced lakefront features. The community has two lakes — a larger 32-acre body of water and a 13-acre lake.Portions of Cole Ranch will be reserved for other uses. Plans call for 156 acres of commercial development, a 55-acre business park and 206 acres for two Denton elementary schools, a middle school and a high school.“Cole Ranch reflects the kind of development we’re passionate about — large-scale, thoughtfully planned, and deeply connected to its surroundings,” Smith said in a statement. Cole Ranch was purchased by Miner Thomas “MT” Cole in the 1930s. The 3,100-acre ranch was primarily used for cattle, crops and other livestock to support the family. “We want to do this the right way,” Jennifer Alexander, Cole’s great-granddaughter, said in a statement. She lived with her great-grandmother on the ranch for several years as a child. “Cole Ranch is very near and dear to the family, and Johnson Development is the perfect partner to carry this vision forward, creating a timeless community that honors our history and the beauty of the area,” she added.Denton Range LLC, a private held real estate investment firm managed by Silvestri Investments, is an investor in the project. Johnson Development has two other active Dallas-Fort Worth communities — Viridian in Arlington and Trinity Falls in McKinney.Plans call for roughly 6,000 single-family homes at the development’s completion. Landmark will also hold more than 5 million square feet of commercial, mixed-use space and roughly 3,000 multifamily units fronting more than five miles near I-35W.Could $3.7B convention center redevelopment clear site for new Mavs arena? City officials and real estate experts say they would like to see the arena downtown. It remains to be seen whether a refurbished Kay Bailey Hutchison Convention Center would be the best fit.Nick is a real estate reporter for the Dallas Morning News. He previously worked as a digital investigative reporter at 11Alive, Atlanta's NBC affiliate. He's produced award-winning state politics coverage and feature reporting at Georgia newspapers. Nick is a graduate of Mercer University in Macon, Georgia.Metrocare opens new Hillside Campus to expand mental health services in Dallas
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