New Eastridge Development to Add Over 2,400 Homes to Princeton, Texas’ Residential Offering
PRINCETON, Texas, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Green Brick Partners Inc. in partnership with Meritage Homes, has closed on the purchase of approximately 2,400 homesites with a total build-out value of circa $640 million for the development of Eastridge, Princeton, Texas’ newest residential community. The community will be a 50/50 partnership between Meritage Homes and Trophy Signature Homes, a subsidiary of Green Brick Partners. The 547-acre community will feature a mixture of 40’, 50’, and 60’ single-family homesites. Eastridge will be located at the corner of Longneck Road and New Hope Road East in Princeton, about 40 minutes northeast of Dallas. The community will be in close pr