GUNTER, Texas — Across the quiet prairie of Grayson County, a sweeping transformation is underway. Land once held by generations of ranchers is being reimagined as what could become North Texas’s next major master-planned community, a bold move driven by a regional tech boom and the promise of thousands of new jobs.
Centurion American Development Group, a leading developer based in North Texas, completed the acquisition of 1,061 acres on June 10. This purchase is a cornerstone of the 1,998-acre “Platinum Ranch” project. Led by CEO Mehrdad Moayedi, the development aims to create not just housing, but a fully integrated urban environment in response to surging demand north of Dallas.
The catalyst for this expansion is the construction of large semiconductor manufacturing facilities in nearby Sherman. With billions of dollars in investment from global tech firms such as Texas Instruments and GlobiTech, the region is bracing for a wave of new residents. Centurion American is betting that towns like Gunter will become the next frontier of metropolitan growth…