$1.5 billion community adds to Celina’s boom

Developers plan to start construction this summer on a $1.5 billion community north of Dallas that will include 2,400 homes. Called The Parks at Wilson Creek, the 720-acre development will be between Coit and Custer roads in Celina. The housing development is on the path of Collin County’s planned Outer Loop. The community is a project of Dallas-based Cambridge Cos., which already has sites for thousands of homes under development in Celina.

“Celina is one of the hottest submarkets in D-FW,” Matt Alexander, Cambridge vice president, said in a statement. “We now have 7,300 lots to develop in this booming city. “Homebuyers keep moving north, and we are committed to the same thoughtful design, beautiful lakes, landscaping, exceptional outdoor spaces and amenities found in our other communities.” Homes in The Parks at Wilson Creek will range from the mid-$300,000s to more than $700,000.

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