DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: Mehrdad Moayedi’s Centurion American Creating 1800 Homes in Denton/Prosper
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 > Blog > Mehrdad Moayedi’s Centurion American Creating 1800 Homes in Denton/Prosper
Blog

Mehrdad Moayedi’s Centurion American Creating 1800 Homes in Denton/Prosper

2 Min Read
SHARE

Mehrdad-Moayedi

Our market south of LBJ is hot. But Denton County is rocking it, too, and even Frisco is starting to run out of land, even farm land. Now Mehrdad Moayedi’s Centurion American Development plans to build 1,800-home single family brand spanking new homes between Prosper and Celina on Frontier Parkway west of Preston Road. The first phase of lots will be available in the summer of 2016 in a development called Sutton Farms. This is the same Merhdad (St. Stoneleigh) who bought the Stoneleigh Residences out of bankruptcy and who also saved the Statler Hilton in Dallas — great man of real estate:

The planned Sutton Farms is the latest of a series of large residential community developments near Prosper and Celina. With builders running out of land for new home projects in Frisco, development is pushing farther north up Preston Road and the expansion route for the Dallas North Tollway.

Centurion American assembled several properties for its new Sutton Fields project.

“The key tract to the assemblage was a 320-acre property owned by Myers Financial with several other additional tracts totaling approximately 500 acres,” said real estate broker Rex Glendenning, who represents the Carrollton-based real estate developer.

“Centurion American is already developing the first phase of the Creeks of Legacy located on Frontier Parkway and Legacy Drive in Celina with approximately 500 lots,” he said.

Steve Brown at the Dallas Morning News says Centurion also snapped up another 112-acre single family home tract on Preston Road just north of Frontier Parkway in Celina, and plans to go vertical with 400 lots in a master planned development called Ownsby Farms.

Seems like it’s all farms gone development wild up there — this is the vicinity where our treasured Republic Property Group is building out Light Farms, which includes a public elementary school in the development.

Prosper-development

Danish Moderne as Hanne Sagalowsky Joins Dave Perry-Miller
Choose Your Dream Second Home in Malibu With These Two Stunners
$3 billion in 3 Quarters Makes Another Milestone For Allman Agents
Devastation in North Texas: How Life and Comfort Changes in a Split 45 Seconds
Timber Creek Ranch in Winnsborogh SOLD at Last Week’s Auction
TAGGED:Mehrdad MoayediProsper
Share This Article
Facebook Email Copy Link Print
Previous Article Midcentury Traditional in Stevens Woods Has Pool, Golf Course Views
Next Article Jed Kolko: Millennials Are NOT as Urban as We Think
Popular News
skyrise living

Tell Us Your Real Estate Story: Plano Empty Nesters’ Journey to Bleu Ciel

Read All About It: Waterfront Digs in Lake Tahoe Back On the Market
Big Al’s Smokehouse Joins with Corning, Conomos to Raise Funds for Elan Victims
Half-Acre Ranch In Farmers Branch On Malon Creek For $529K
Brian Hasenbauer: Why I’m Running For Dallas City Council District 10
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?