A new large-scale development is planned along the northern edge of the Denton after a real estate group closed on thousands of acres near Lake Ray Roberts, according to The Dallas Morning News.
Old Prosper Partners has purchased about 2,500 acres near the lake in Denton County, the newspaper reported, marking one of the latest mega-developments proposed in one of North Texas’ fastest-growing regions.
Plans for the project call for a master-planned community with housing for tens of thousands of residents, along with significant commercial development and what would be among the largest planned park spaces in the region…