Billion dollar development planned in southern Dallas

A company has broken ground on a $1 billion development in southern Dallas. “University Hills” is about a mile southeast of UNT Dallas and just north of the I-20/Lancaster Road interchange.

“When we started looking at this deal, we started looking at how can we create a project where southern Dallas can become the next Frisco?” says Hoque Global Chief Executive Mike Hoque.

Hoque says D.R. Horton and Lennar are building 580 homes, and the company is also planning shops, restaurants, a grocery store, hotel and stadium for local events. Monday, Hoque Global held a groundbreaking with officials from the City of Dallas…

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