PMB Capital InvestmentsThe Dallas-based real estate investment and real estate developer announced on July 20 that it plans to build a new residential complex located in North Texas near the intersection of Highways 114 and US 287.
General development plan named Reunionwill feature over 10,000 single-family homes on 3,600 acres of protected lakes, hills, waterfalls, forests and natural landscapes.
The first phase of construction of houses – with prices ranging from $ 250 to $ 600 – is scheduled for delivery in the fall of 2022. Residential plot sizes will range from 40-foot cottage-style plots to 70-foot plots with home design from reputable builders. including: American Legend Homes, Perry Homes, and UnionMain Homes.
“We are delighted to officially present Reunion,” PMB Capital partner Peter Pinkoffs said in a press release. “When we bought this land, we envisioned a community that would meet the demand for single family homes at a reasonable price. Now that we start building, we are delighted that we have not only brought this to life, but also created a space that encourages homeowners to enjoy the exceptional features this natural landscape has to offer. Reunion is a truly unique place in Texas. “
Located between Newark and Rome, Reunion is close to several attractions, including the Texas Motor Speedway, Downtown Alliance, Tanger Outlet and other planned commercial properties. Residents can also gain access to the Northwest ISD Public Schools system, a booming job market, and connectivity to major metropolitan areas in Dallas-Fort Worth.
Reunion is set to become one of the largest residential communities in North Texas, with plans for the future, including the addition of commercial and retail development, multi-unit communities and active adult projects.
PMB Capital, founded in 2013 by Pinkoffs, Matt Mildren and Taylor Byrd, is a privately held investment and development company in Dallas. PMB owns and / or controls over 12,000 acres of land in the DFW area, representing approximately 40,000 residential lots and over 1,500 acres of commercial development land.