DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: Dallas-Based Firm to Develop $800 Million Lagoon Community in Forney
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > Megatel Homes > Dallas-Based Firm to Develop $800 Million Lagoon Community in Forney
Megatel Homes

Dallas-Based Firm to Develop $800 Million Lagoon Community in Forney

3 Min Read
SHARE
lagoon-1
The Bellagio Lagoon will be built in Forney with homes available by August 2022. (Megatel Homes)

There are plenty of amenities to look for in a new residential neighborhood but one you probably wouldn’t expect: a lagoon.

But in August 2022, the Bellagio Lagoon will be in place at a Forney development. Manmade lagoons are the latest craze in residential development, and Dallas-based Megatel Homes is accommodating the Dallas-Fort Worth market with these sandy amenities in West Dallas and Weston. The first phase of home construction is expected to be completed by April 2022.

The $800 million Bellagio Lagoon project is north of I-20 just off FM 741. The development will include 400 homes ranging in size from 1,800 to 4,200 square feet and priced from $350,000 to $600,000.

“Megatel lagoon communities have proven to be a game-changing asset type for our firm,” Megatel co-founder Aaron Ipour said in a news release. “We have received tremendous feedback from potential homebuyers, which has greatly exceeded our expectations.The hard work, dedication, and innovative thinking of our team has directly contributed to the early success of these lagoon developments.”

In Forney, along FM 741 where pastures and barns dominate the countryside, the development will feature a swim-up bar, a Flowrider surfing simulator machine, a splash park, and lots of white sand.

Why Forney? It’s a continuation of suburban growth in vast land swaths east of Dallas. Homes.com ranked the city second on its list of The Best Suburbs to Move to in 2021. According to the Forney Economic Development Corp., Forney is expected to grow from its current population of 65,771 to 99,362 by 2025.

lagoon-1
By 2022, Forney will have its own development with a lagoon.

Miami-based Crystal Lagoons, which creates the technology for manmade lagoons, has recognized Texas as prime lagoon material. In late March, Crystal Lagoons said Texas has 70 lagoon projects in the works.

According to the firm, it has five additional lagoons scheduled for presale this year and is working on plans for 15 additional lagoon communities throughout Texas, Oklahoma, Georgia, Florida, North Carolina, and South Carolina.

“Due to the previous success of our lagoon communities, we expect the first phase of the Bellagio community to be sold out prior to January 2022,” Ipour said in the release. “To date, more than 60 percent of the community has been sold.”

https://daltxrealestate.com/2021/05/03/megatels-west-dallas-1b-development-brings-lagoons-back-into-discussion/
This Denton County Town Repeats Its Ranking in SmartAsset’s List of Most-Livable Small Cities
What’s Developing: More Apartments to be Built on Brinkmann Ranch in Frisco
Richardson Has 70s Beauties As Well As Current Custom Estates
This Mesquite Home is Literally Off the Charts
Need to Rent? More Development in Works for Already-Hot Home Rental Surge in D-FW
TAGGED:Crystal LagoonforneyLagoonSuburb Sunday
Share This Article
Facebook Email Copy Link Print
Previous Article This Splurge or Steal Is Like a Before and After in Plano
Next Article Can’t Miss Ideas to Step Up Your Closing Gifting Game
Popular News
Blog

Restored Victorian Farmhouse in Waxahachie Was a Serendipitous Buy

This Peak’s Suburban Addition Prairie Style Home Is Perfection
This Condo Near the Galleria Dallas Makes Style Statement in a Sea of Beige Boxes
Amazing Views and Cozy Vibes Complement This Lakefront Retreat
This Old Lake Highlands Home Flexes With Open Living Spaces And Heritage to Boot
about us

DaltxRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission

Categories

  • Wednesday WTF
  • East Dallas
  • Monday Morning Millionaire
  • Upon Closer Inspection

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?