Hillwood Development Company

Fred Balda

President, Hillwood Communities

As the president of Hillwood Communities, Fred has overseen development of more than 27,000 residential lots in over 80 communities since 1992. Because Hillwood Communities is recognized as one of the top residential development companies in the country, he’ll be the first person to acknowledge that creating community is a complex and rewarding proposition that goes far beyond place and proximity.

Fred provides strategic leadership and oversees all aspects of operations within the Hillwood Communities division, continually expanding and redefining the business plan to satisfy changing homebuyer demands and market opportunities. He bases the foundation of each new community on five Live Smart principles, which range from keeping the well-being of future home buyers in mind to being good stewards of both the land and the environment.

Before joining Hillwood Communities, Fred launched his real estate career in the 1980s as a project manager of master-planned communities with Trammell Crow Company. He also served as a project engineer for Zachry Construction Corporation and as vice president at Club Corporation of America, where he expanded his field of expertise to include golf course development and entitlements.

Fred also shares his industry insights and expertise through his involvement with the Urban Land Institute, Texas Real Estate Commission, Dallas Builders Association, local chambers of commerce, the Plano Planning & Zoning Commission, Custer Road United Methodist Church Board of Trustees, and Texas A&M University’s Civil Engineering Advisory Council and Masters in Real Estate Council.

Fred is a proud graduate of Texas A&M University and holds a Bachelor of Science degree in civil engineering. He enjoys attending sporting events — especially Aggie football games — as well as boating, traveling, and concerts.

Fred was recognized in 2013 by the Dallas Business Journal as a Minority Business Leader because of his strong leadership role both at Hillwood and in the community at large. In 2017 he was honored with the Distinguished Graduate Award from the Zachry Department of Civil Engineering at Texas A&M University.