New master-planned community for west San Antonio area.
It should offer great lots for reasonably prices.
Tuesday, March 11, 2008 - 11:34 AM CDT
Construction begins on 870-acre Medina County residential developmentSan Antonio Business Journal
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A Dallas developer has begun construction on its planned 870-acre master-planned gated community in Medina County, just west of San Antonio.
JMJ Development has selected Lajolla Construction, also based in Dallas, to handle all the construction phases of the project. In all, the single-family home development will consist of 382 two-acre custom home sites, nestled in the Texas Hill Country.
Phase 1 of this $25 million development, called Kings Gate, is slated to be complete in January 2009. Lots will range from the mid-$60,000 to mid-$160,000.
"This type of development was missing in the San Antonio area," says Tim Barton, president and CEO of JMJ Development. He adds that the development should appeal to people who work in San Antonio but want to live in a rural setting.
Even though Kings Gate is extending residential development beyond San Antonio, one of their top priorities will be protecting the Texas Hill Country, Barton says.
"We'll make every effort to preserve the vegetation and wildlife that makes this area such a desirable place to live," he says.
Dallas-based JMJ specializes in developing upscale residences and commercial projects. Some of the company's recent projects include Biltmore Ridges in Nashville, The Gates Residences in Beaver Creek, Colo., Harris Branch in Austin and Stonebriar Centre in Frisco.
Web site:
www.jmjholdings.com