Developers Tim Fleet and Kim Gill say their timing couldn’t be better.
With most of the dirt work completed, and plans and plats all approved, the two will begin street construction in December on the $850 million Morningstar development in Fort Worth’s extraterritorial jurisdiction in Parker County.
Home builders are scheduled to start construction on about 80 houses by April, with plans to have those completed and ready for move-in by the time school starts next fall, they said. “This project is hitting the market at about as perfect a time in this cycle as you could,” Kim Gill said.
Morningstar is a 737-acre development about a mile north of Interstate 20 off Farm Road 3325, west of the well-known Walsh Ranch. In the next decade, 2,117 single-family homes will be built, along with 100 acres of parkland, including hike and bike trails along Mary’s Creek, which runs through the property, four lakes connected with cascading waterfalls, and an impressive amenities center.