Press Release | 2/3/2014

Hillwood Communities Announces New Master-Planned Development in Little Elm

Hillwood Communities announced today its newest development, Union Park, a 787-acre master-planned community located along the U.S. Highway 380 corridor in Little Elm, Texas.  The $600 million project boasts an abundance of parks and open space and is scheduled to break ground in spring 2014.

Approximately 2,400 single-family homes are planned for the community.  The first phase of Union Park will feature 300 homes in a range of lot sizes. A wooded, 30-acre park featuring open greenbelts, ponds, trails, an amenity center and an amphitheater will serve as the central gathering spot at Union Park.  The idea is to create a central hub where residents will come together to play, relax and enjoy community-wide activities and events.

“People really want open spaces more than anything else in a master-planned community,” said Fred Balda, president of Hillwood Communities.  “We were very deliberate in building this community around more than twice the required green space to promote a small town feel and encourage socializing.”

“There is a large consumer demand in DFW that wants the high-end amenities like those at Union Park without a million dollar price point,” said Ted Wilson, Principal of Texas Housing Analyst Residential Strategies. “Union Park gives families a sense of community and will encourage outdoor activities that the whole family can enjoy.”

Union Park will be built using Hillwood’s five LiveSmart design principles: Sense of Community, Technology, Healthy Living, Environmental Stewardship and Education & Enrichment.  Strategically located in the Highway 380 growth corridor, residents of Union Park will enjoy access to the nearby retail and major employment areas of Legacy, Frisco, Plano, Denton, University of North Texas and DFW International Airport, as well as recreational areas like Lake Lewisville and Lake Ray Roberts.

Union Park is one of two new projects Hillwood is announcing in February. Pomona, a 1,000-acre master-planned development located in the heart of the rapidly growing Highway 288 corridor in Manvel, Texas will break ground spring 2014.

About Hillwood Communities
Hillwood, a Perot company, is ranked as one of the top commercial real estate investors and developers in the country and one of the top residential developers in Dallas-Fort Worth. Since its inception in 1988, Hillwood Communities, the residential division for Hillwood, has built 70 communities throughout the United States and Costa Rica, and has developed more than 23,000 lots.  Currently, the company oversees 35 active communities in 28 cities and seven states. Hillwood’s industrial developments currently house facilities for 58 companies listed on the Fortune 500, Global 500 or Forbes List of Top Private firms. Hillwood is best known for its Alliance brand that includes the 17,000-acre AllianceTexas, 4,474-acre AllianceFlorida at Cecil Commerce Center, and 2,000-acre AllianceCalifornia. For additional information, please visit and