Minto Communities Buys 3,170-Acre Site for Dallas Megadevelopment
The project is slated to break ground later this year.
Minto Communities USA has purchased a 3,170-acre site in Waxahachie, Texas, for a 13,270-home master-planned project. Slated to break ground later this year, the megadevelopment is set to become the largest residential and mixed-use property in the region. The Waxahachie City Council approved the project proposal last month.
The future community will comprise two residential districts amounting to 1,400 units—namely an active adult neighborhood and a traditional multifamily property—and 1.2 million square feet of commercial space spanning across 140 acres of land. The residential component will also include single-family homes, cottages, villas, townhomes and apartments.
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The megadevelopment will feature a town center and adventure park, civic spaces, community services, 400 acres of parks and open space, a trail and greenway network, as well as a middle school and several elementary schools.
Minto Communities’ future property will be developed west of Interstate 35E, east of Lone Elm Road, north of FM 1446 and south of FM 875. Other major thoroughfares in the area include U.S. routes 287 and 77. Downtown Dallas is 30 miles north.
The Sun Belt continues to deliver
Over the course of 2025, Dallas-Fort Worth ranked first across the nation for the most multifamily deliveries, with 40,666 units completed, marking a 0.4 percent increase year-over-year. The Metroplex’s multifamily pipeline is slated to expand in 2026, though at a slower pace, due to construction starts falling from 123 projects breaking ground in 2024 to 76 last year. At the start of this year, the metro’s under-construction pipeline included 48,859 apartments.
Multifamily construction in 2025 seemed to coagulate across the Sun Belt, with the top 10 markets for deliveries registering a combined 218,819 units completed last year. Construction starts in 2025 amounted to 529 developments, marking a 23 percent decrease year-over-year.
