News Summary
Cawley Partners has officially acquired the 5,200-acre South Creek Ranch property near Ferris, just south of Dallas. The company plans to develop a mixed-use community that may include up to 5,000 new homes and digital commerce parks, as well as a corporate campus on over 1,000 acres. The development aims to maintain the natural beauty of the ranch while introducing modern living and business opportunities. Initial construction could start within the next few years.
Exciting Developments Near Dallas: Cawley Partners Takes Over South Creek Ranch!
This past Friday, a big change occurred just a stone’s throw from Dallas! Cawley Partners officially sealed the deal for a huge 5,200-acre property called South Creek Ranch, located near Ferris, which is around 20 miles south of the vibrant downtown Dallas. That’s right, folks – something major is brewing, and it’s going to have a lasting impact on the area!
What’s in Store for South Creek Ranch?
With this new acquisition, Cawley Partners has some ambitious plans on the horizon. They’re looking to transform this scenic landscape into a bustling mixed-use development that could possibly include data centers and a vast number of homes. Picture this: up to 5,000 brand new homes could soon rise from the ground in this area. That’s a major boost for anyone looking for a place to live close to the city!
But that’s not all! The development is set to stretch across Dallas and Ellis counties and will involve a corporate campus that may cover over 1,000 acres. How’s that for some serious business action? The northern section of this property, covering a whopping 2,000 acres, will be the focus of the initial development efforts, so keep an eye on those groundbreaking activities.
Digital Commerce Parks Making Waves
One of the coolest features of this project is the proposed digital commerce parks that are planned to line the upcoming Loop 9 highway corridor. In today’s tech-savvy world, these kinds of developments are sure to attract businesses eager to capitalize on modern technology and logistics. It’s shaping up to be quite an exciting hub for both residents and companies!
Keeping Nature Close
The South Creek Ranch is quite unique with its natural terrain. The development will be designed in such a way that it takes advantage of the natural breaks in the landscape. This means that some aspects of the ranch will be preserved, respecting the natural beauty of the area.
One of the key priorities for the developers is to maintain the legacy of this site while injecting new life into the community. In a short span, we can expect to see the first buildings of this enormous project completed in just two to three years. Can you believe that? It won’t be long before those first new residents can call it home!
A Peek into the Past
Now, let’s take a moment to appreciate the history of South Creek Ranch. The property was previously owned by the late W. Ray Wallace, who was known for his role as the CEO of Trinity Industries. He utilized the ranch primarily for cattle and hay production. The site even features a stunning 23,000-square-foot stone mansion, sitting pretty near a small lake, alongside various ranch facilities. It’s quite a sight!
Even though the area is gearing up for development, the ranch will keep its operations running in the short term, ensuring that it retains some of its original character. What a beautiful blend of old and new!
Looking Ahead
As these plans unfold, the excitement in the community is palpable. There’s so much potential for growth and innovation here that it’s impossible not to get wrapped up in the anticipation. Once the development is in full swing, residents and businesses alike will benefit from this transformation. Just think of the opportunities popping up around the corner!
While we wait for more updates on the details of single-family homes and other elements of this huge project, it’s clear that Cawley Partners is committed to making South Creek Ranch a thriving ecosystem for families and businesses alike. So keep your eyes peeled, Dallas – big things are definitely coming your way!
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Additional Resources
- D Magazine: Deal Ticker on Dallas Law Firm’s HQ
- Fox 4 News: Dallas Real Estate on Stemmons Freeway
- Dallas News: Developer Buys 5,200 Acres for Data Centers
- Dallas Innovates: Stream Promotes Two Executives
- Fox 26 Houston: Video on Real Estate Trends
- Wikipedia: Dallas
- Google Search: Dallas Real Estate
- Google Scholar: Dallas Real Estate Development
- Encyclopedia Britannica: Dallas
- Google News: Dallas Real Estate News
