Hillwood Communities announced its newest development, Union Park, a 787-acre master-planned community located along the US Hwy 380 corridor in Little Elm. The $600M project includes an abundance of parks and open space and is scheduled to break ground this spring. The project includes about 2,400 single-family homes.

Construction will start this spring, said Fred Balda, president of Hillwood Communities.

“We hope to break ground in March or April and kick it off with 300 some home lots,” Balda said. “We were fortunate to find a well-positioned tract of land.

“That market is very tight,” he said. “We are light in supply and there is a big demand right now.”

By STEVE BROWN
Real Estate Editor
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