Developers of a huge new McKinney community are adding to plans for the project following the recent groundbreaking.
Called Painted Tree, the 1,100-acre development north of U.S. 380 is a project of Dallas-based Oxland Advisors and New York-based JEN Partners. Plans call for 3,400 homes in the new community.
Painted Tree’s developers have updated their designs for the new community to include 25 miles of paths and trails plus pools and playgrounds.
The community will also have an 11.5-acre open-air trailhead and amenity center, a 20-acre lake and parks.
Oxland Advisors beefed up the outdoor features planned for Painted Tree after surveying potential new home community residents. Almost 70% of potential homebuyers rated walking trails as the most desired feature of a new community.
“Upon recognizing the universal appeal of outdoor spaces and amenities to homebuyers of all ages and life stages, we brought in national trail design-build experts Avid Trails to create a diverse mix of trail experiences,” Tom Woliver, founder of Oxland Advisors, said in a statement. “Unique within North Texas, nine miles of dedicated nature trails will be built in Painted Tree providing authentic ‘in nature’ experiences and maximizing existing open space with connections to the lake.
“This approach will take our trail experience to the next level.”
Features including trails, parks and lakes have surpassed golf courses as preferred neighborhood features during the last decade or so. Most new communities now offer an array of outdoor amenities.
Oxland Advisors teamed up with housing research firm Zonda to poll potential homebuyers about what they want in the community.
“While the desirability of walking trails has been a trend for years, this past year likely accentuated it,” Bryan Glasshagel, senior vice president at Zonda, said in a statement. “With COVID-19, the perceptions of the size of our ‘backyard’ shrank significantly.
“Walking trails and connectivity to nature within a neighborhood provided a very desirable and needed outlet when travel wasn’t possible and social connectivity was limited.”
Painted Tree has an opening date set for early 2022.
Plano-based Green Brick Partners is the first builder to sign up for new homes in the community.
The first phase would have several hundred homes, with prices for the smallest townhouses likely to be near $300,000.