Taylor Morrison Home Co., in partnership with Christopher Todd Communities, has closed on a 20-acre tract of land in Melissa, Texas.
The site is planned for a mixed-use development of residential and commercial. Melissa Road is currently being extended and expanded, giving residents in the 2,000-acre master-planned community, Trinity Falls, direct access to N. Central Expressway.
The seller partnership worked cohesively with Sunny Patel, Taylor Morrison’s build-to-rent, director of land acquisition, to get the project approved. The parties worked with the City of Melissa to design a plan that will provide high-quality housing for residents, including a private amenity center and event space, but also ensure that there will be a retail component to the project. The project, which was unanimously approved by Melissa, included the seller’s retaining roughly 3 acres on the hard corner of the intersection for further commercial and retail options that will serve as amen
