Canadian investor snaps up 400 acres for Cedar Hill housing project

​​​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 l​​​and. 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