Centurion American Advancement Team is increasing down on Gunter.
Farmers Branch-based designer and its chief executive officer, Mehrdad Moayedi, have actually revealed prepare for Platinum Ranch, a virtually 2,000-acre master-planned area readied to begin in late 2025. The large advancement rests along the Grayson Region Interstate simply west of Preston Roadway, placing it directly in what brokers call the following frontier of North Texas development.
The bargain was agented by Rex Glendenning of Rex Property, that additionally stood for Centurion American in its 2022 acquisition of the close-by 500-acre Taylor Cattle ranch. Funding for Platinum Cattle ranch was given by UBank, Freedom Bankers, and Chambers Financial institution.
” Gunter is successor for significant advancements along the Golden Passage adhering to both Preston Roadway and the Dallas North Tollway,” Glendenning claimed.
Platinum Cattle ranch will certainly be just one of the biggest master-planned neighborhoods in Grayson Region, with prepare for greater than 4,200 single-family homes throughout numerous household areas. Gunter ISD, which offers the location and has actually been continuously increasing to fulfill brand-new development, will certainly run future on-site universities.
The strategy additionally consists of:
- 29 acres of household rental properties zoned for as much as 290 units
- 277 acres of mixed-use area, consisting of retail and as much as 3,000 multi-family units
- 223 acres of eco-friendly area, consisting of lakes, parks, routes, and feature centers
” While we invested 2 years intending the purchase and advancement of Platinum Cattle ranch, our dedication to Gunter and Grayson Region returns much even more,” Moayedi claimed in a declaration. “We’re honored to be component of the development tale in this area and to provide something that straightens with the city’s vision.”
Centurion American has actually operated in Gunter prior to. In 2012, the firm got and increased The Bridges at Preston Crossings, a fairway area secured by a Fred Couples-designed training course.
The range of Platinum Cattle ranch signals an additional phase in the expanding Dallas-to-Gunter pipe– a hallway that programmers progressively view as an extension of the Prosper, Celina, and Gunter development arc.
” This advancement will certainly aid establish the design template for ongoing top quality development along the Dallas North Tollway,” claimed Rex Property representative Caleb Lavey, that was associated with the deal.
For additional information on Centurion American’s profile, check out CenturionAmerican.com.
