Although it won’t be immediate, some much-needed inventory will soon be added to the North Texas housing landscape. According to reports, Hillwood Communities is finally breaking ground for its newest mega-development, Lilyana, which will eventually bring 1,250 new single-family homes to the town of Celina.
In all, Lilyana will cover about 400 acres, which will also include approximately 63 acres of green space, parks, trails, and a community center that will feature a resort-style swimming pool—all amenities that many of today’s new home buyers almost seem to require when looking to buy an upscale new home.
Lilyana will be located at Frontier Parkway and Coit Road, only about 10 miles north of the town of Frisco. It’s being reported that homes for sale in Lilyana will average somewhere in the high $300s, while home builders planning to build in the development include David Weekly Homes, CalAtlantic Homes, Highland Homes, and American Legend Homes.
If all goes according to plan, the first phase of Lilyana should be ready as early as next Spring.
Hillwood, one of DFW’s largest residential developers, has a number of projects going in the Celina area, which includes a separate 350-home community west of Preston Road, as another possible community on 244 acres that were purchased from the same owners who owned that Lilyana project site.