Category Archives: Phillips Creek Ranch

Light Farms and Phillips Creek Ranch Again Named Top 50 Master-Planned Communities in Nation for 2016 by RCLCO

Home sales at the nation’s 20 top-selling master-planned communities (MPCs) surpassed 2015 totals by 6%, with 20% of communities experiencing more than 40% growth in sales. Texas, Florida, and California continue to be hot markets and accounted for 60% of the 20 top-selling communities with each state containing four of the top-selling MPCs. Orange County, […]

Phillips Creek Ranch Named Among Top 50 Master-Planned Communities of 2016

Every year, John Burns Real Estate Consulting, LLC ranks the top masterplans in the country based on new home sales. Feedback from numerous industry contacts and our boots-on-the-ground consultants supports the diligent research that goes into producing our prestigious, annual ranking. For the third year in a row, Phillips Creek Ranch has been named among the […]

5 Neighborhoods on the Rise

Those on the hunt should keep an eye on these communities. Richardson Heights Nestled in the crook of the elbow formed by Belt Line Road and Central Expressway, Richardson Heights is just a quick 25-minute car trip away from downtown Dallas, if you’re not ready to commit fully to suburban living. It’s easy to take […]

Republic Property Group’s Phillips Creek Ranch is 100 Percent Sold

“Everything has been sold to home buyers and builders for future lots,” [Jake Wagner] added. “We’ll probably still have another three or four years of development, but 100 percent of the project has been committed to either builders or home buyers. The success of the project and the velocity of home sales have greatly surpassed our expectations.”

Republic Property Group sells last tract in Phillips Creek Ranch

On paper, Dallas-based Republic Property Group thought the master-planned community developer would sell the last tract within the already buzzed-about $1.6 billion Phillips Creek Ranch community in Frisco by 2021. Instead, the development firm recently sold the last tracts of land within the 950-acre master-planned community to home builders six years ahead of schedule.

Phillips Creek Ranch sells last lots

Phillips Creek Ranch, a master-planned community, has finalized commitments from builders on the remaining lots, placing the development six years ahead of schedule. PCR, developed by Dallas-based Republic Property Group, will house more than 10,000 residents and 3,000 homes at build out.

Transplants to North Texas boosting sales at billion-dollar communities

It’s been difficult to keep speculative homes at the ready for the executive clientele eyeing $1.5 billion Phillips Creek Ranch master-planned community in Frisco and $1.6 billion Light Farms master-planned community in Celina. But it hasn’t been for lack of trying. Dallas-based Republic Property Group has seen an “extraordinarily high sales pace” at the community, said Tony Ruggeri, a co-CEO and partner of Republic Property Group, which is overseeing the development of Phillips Creek Ranch and Light Farms.