Hillwood Urban Leads $10B Landmark Master-Planned Community in Denton, Texas
Hillwood Urban is leading development of Landmark, a $10 billion mixed-use master-planned community situated on 3,200 acres at the southwest corner of Interstate 35W and Robson Ranch Road in Denton, Texas. The $10 billion figure represents the project's projected total value at completion, not a sale or transaction price.
Project Scale and Components
The Landmark development includes 6,000 single-family homes and 3,000 multifamily units, for a combined 9,000 residential units. The commercial component spans 900 acres of mixed-use retail, dining, and services. Grocery chain H-E-B is among the tenants associated with the development. The development also sets aside 1,100 acres for preserved parkland.
Hillwood Urban's Role
Hillwood Urban is identified as the lead developer on the Landmark project. The firm operates under the Hillwood organization. Further details regarding project timeline, phasing, school district involvement, prior land history, and other pipeline projects were not disclosed in the available source material.
No transaction price, loan details, or cap rate information were disclosed in connection with the Landmark development.
Sources: Hillwood Urban Press
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