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| Jeremy Sain |
DALLAS, TX – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured financing for the initial
development of Green Meadows, a
15-phase, 1,408-acre master planned community in the North Dallas suburb of
Celina, Texas.
HFF worked on behalf of
the borrower, Tomlin Investments, to place the construction loan with Bank of
the Ozarks.
Proceeds were used to pay
off existing debt and fund construction costs associated with the project,
including bringing in roadways and utilities and creating both an amenity
center and the 365-lot Phase I of the development.
Green Meadows is located
one mile west of the Dallas North Tollway along Legacy Drive, approximately 10
miles north of Frisco’s “$5 Billion Mile” and the rapidly growing Legacy
Business Park.
 |
| Steven Heldenfels |
The developer plans to
build a new roadway, Green Meadows Parkway, which will intersect the toll road
and further increase the community’s accessibility.
Once complete, the master planned development
will have nearly 4,500 single-family residential homes offering community
amenities, including multiple swimming pools, gardens, dog park, playgrounds,
walking trails, sand volleyball courts, grilling area with fire pit, party center
and daycare center.
The HFF team representing
the developer was led by director Jeremy
Sain and managing director Steven
Heldenfels.
“We are excited about
putting the funding in place to develop the infrastructure for the entire
project and bring the first phase of lots to market for a select group of
builders,” said Dan Tomlin of Tomlin
Investments.
For a complete copy of the company’s news
release, please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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