{"id":333991,"date":"2026-06-12T19:01:10","date_gmt":"2026-06-12T19:01:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/333991\/"},"modified":"2026-06-12T19:01:10","modified_gmt":"2026-06-12T19:01:10","slug":"realty-capital-management-to-bring-500m-master-planned-community-to-fort-worth-suburb","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/333991\/","title":{"rendered":"Realty Capital Management To Bring $500M Master-Planned Community To Fort Worth Suburb"},"content":{"rendered":"<p dir=\"ltr\">An Irving developer is building a $500M <a class=\"tag tag-95016\" href=\"https:\/\/www.bisnow.com\/tags\/master-planned-community\" target=\"_blank\" data-tag-id=\"95016\" rel=\"nofollow noopener\">master-planned community<\/a> in a booming North Texas city near Fort Worth.\u00a0<\/p>\n<p>                        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2025\/10\/placeholder.png\" loading=\"lazy\" alt=\"Placeholder\"\/><\/p>\n<p dir=\"ltr\"><a class=\"tag tag-30448\" href=\"https:\/\/www.bisnow.com\/tags\/realty-capital-management\" target=\"_blank\" data-tag-id=\"30448\" rel=\"nofollow noopener\">Realty Capital Management<\/a> is building its 300-acre Westhill Park master-planned community in Mansfield. The 600-home luxury community on Newt Patterson Road is expected to deliver its first phase of lots by March of next year, <a href=\"https:\/\/www.bizjournals.com\/dallas\/news\/2026\/06\/11\/westhill-park-breaks-ground.html\" target=\"_blank\" rel=\"nofollow noopener\">according to the Dallas Business Journal<\/a>.\u00a0<\/p>\n<p dir=\"ltr\">Realty Capital plans to spend $19M on infrastructure construction for the 3.1M SF of land, according to a <a href=\"https:\/\/www.tdlr.texas.gov\/TABS\/Search\/Project\/TABS2026021722\" target=\"_blank\" rel=\"nofollow noopener\">filing with the Texas Department of Licensing and Regulation<\/a>. That work is also set to wrap up by the end of the first quarter of next year.\u00a0<\/p>\n<p dir=\"ltr\">The luxury homes are expected to start at $650K, but the community is also targeting executives with properties priced above\u00a0$1M. National builder <a class=\"tag tag-199280\" href=\"https:\/\/www.bisnow.com\/tags\/homebound\" target=\"_blank\" data-tag-id=\"199280\" rel=\"nofollow noopener\">Homebound<\/a>, which made a <a href=\"https:\/\/www.bisnow.com\/dallas-ft-worth\/news\/deal-sheet\/homebound-closes-on-731m-deal-for-north-texas-expansion-the-dfw-deal-sheet-133470\" target=\"_blank\" rel=\"nofollow noopener\">$731M expansion bet<\/a> on North Texas earlier this year, and Houston-based <a class=\"tag tag-65376\" href=\"https:\/\/www.bisnow.com\/tags\/david-weekley-homes\" target=\"_blank\" data-tag-id=\"65376\" rel=\"nofollow noopener\">David Weekley Homes<\/a> are among those slated to construct homes in the community.\u00a0<\/p>\n<p dir=\"ltr\">Realty Capital Managing Director Tim Coltart said Westhill Park will likely be valued at around $500M once it\u2019s completed.\u00a0<\/p>\n<p dir=\"ltr\">&#8220;In conversations with Mansfield leadership, they have felt like they didn&#8217;t really have new product that was coming to the market that had a unique feel and wasn&#8217;t just a simple master plan community with the same old concrete streets and everything else,&#8221; Coltart said to the DBJ.<\/p>\n<p dir=\"ltr\">Westhill Park will also offer fishing ponds, a 100-acre park and connections to Mansfield\u2019s Walnut Trail. Coltart said every home in the community will be within 600 feet of a trail.\u00a0<\/p>\n<p dir=\"ltr\">Baird, Hampton &amp; Brown Inc. will design the project.<\/p>\n<p dir=\"ltr\">Mansfield&#8217;s population has <a href=\"https:\/\/www.census.gov\/quickfacts\/fact\/table\/mansfieldcitytexas\/PST045225\" target=\"_blank\" rel=\"nofollow noopener\">grown by more than 16%<\/a> since 2020, and the city has attracted several other high-profile projects in recent months.\u00a0<\/p>\n<p dir=\"ltr\">Super Studios USA LLC plans to <a href=\"https:\/\/www.bisnow.com\/dallas-ft-worth\/news\/mixed-use\/super-studios-build-750m-production-campus-mansfield-134157\" target=\"_blank\" rel=\"nofollow noopener\">build a $750M film and television studio campus<\/a> in Mansfield beginning this summer. The 75-acre <a class=\"tag tag-169597\" href=\"https:\/\/www.bisnow.com\/tags\/mixed-use-development\" target=\"_blank\" data-tag-id=\"169597\" rel=\"nofollow noopener\">mixed-use development<\/a> will include an <a class=\"tag tag-105018\" href=\"https:\/\/www.bisnow.com\/tags\/artificial-intelligence\" target=\"_blank\" data-tag-id=\"105018\" rel=\"nofollow noopener\">artificial intelligence<\/a>-enabled studio with eight soundstages, 800 luxury condominiums and townhouses, a hotel, more than 430K SF of retail and an unspecified amount of office space.<\/p>\n<p dir=\"ltr\">Mansfield is also working to <a href=\"https:\/\/www.bisnow.com\/dallas-ft-worth\/news\/life-sciences\/dfw-life-sciences-recovery-attract-tenants-capital-133862\" target=\"_blank\" rel=\"nofollow noopener\">grow its footprint in the life sciences industry<\/a>.\u00a0<\/p>\n<p dir=\"ltr\">India-based pharmaceutical manufacturer Stallion Labs announced plans last year for a 200K SF headquarters campus in Mansfield. The city is also planning the 17-acre Mansfield Innovation Community that will offer 300K SF of office and lab space.<\/p>\n<p dir=\"ltr\">Mansfield is also benefiting from being home to a\u00a0large data center campus.\u00a0<\/p>\n<p dir=\"ltr\">When <a class=\"tag tag-109136\" href=\"https:\/\/www.bisnow.com\/tags\/aligned-data-centers\" target=\"_blank\" data-tag-id=\"109136\" rel=\"nofollow noopener\">Aligned Data Centers<\/a> <a href=\"https:\/\/www.bisnow.com\/dallas-ft-worth\/news\/deal-sheet\/this-weeks-dallas-fort-worth-deal-sheet-aligned-data-centers-plans-expansion-into-mansfield-128197\" target=\"_blank\" rel=\"nofollow noopener\">announced plans<\/a> last year for a 27-acre data center project there, Mansfield officials made sure the firm also <a href=\"https:\/\/www.bisnow.com\/dallas-ft-worth\/news\/data-center\/snowball-effect-smaller-dfw-cities-turning-data-center-mws-into-beautification-reinvestments-to-grow-commercial-districts-128295\" target=\"_blank\" rel=\"nofollow noopener\">contributed to beautification efforts<\/a> and replenishing the area&#8217;s native trees. Aligned established the Roots for the Future fund with the city to enhance sustainability for the community.<\/p>\n","protected":false},"excerpt":{"rendered":"An Irving developer is building a $500M master-planned community in a booming North Texas city near Fort Worth.\u00a0&hellip;\n","protected":false},"author":2,"featured_media":141797,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[40887,119381,27774,116,118,117,119384,119382,119379,119380,119383],"class_list":["post-333991","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-baird","tag-city-of-mansfield","tag-david-weekley-homes","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news","tag-hampton-brown-inc","tag-homebound","tag-realty-capital-management","tag-tim-coltart","tag-westhill-park"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/333991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=333991"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/333991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/141797"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=333991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=333991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=333991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}