CEDAR HILL – Canada-based Walton Group Holdings Ltd. has purchased 400 acres near Joe Pool Lake.
The property on Lake Ridge Pkwy. west of US 67 will have 1,100 single-family homes.
A builder will take majority of the land. Negotiations with rental home and senior housing developers are still in the works.
Vanguard Real Estate Advisors brokered transaction.
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Source: Dallas Morning News