News Article | 8/26/2007

Turning Troutt’s dirt

A couple of years ago, billionaire Kenny Troutt shook off his edifice rex complex and decided he didn’t want the hassle of building a mega-estate on land he’d assembled near Inwood and Royal. He and his wife, Lisa, sold the 22-acre site to Ross Perot Jr.’s Hillwood Residential.

Thursday, Ross hosted the groundbreaking of the Luxe Showcase Home at the Creeks of Preston Hollow. The house, part of a 17-home gated community Hillwood is building on the former Troutt site, will be open to the public for the 2008 holidays.