Why is a Florida developer betting 3,170 acres on one Texas community?
Residential Projects

Why is a Florida developer betting 3,170 acres on one Texas community?

A 3,170-acre land acquisition in Waxahachie, Texas, is set to become one of the largest residential and mixed-use developments in the southern Dallas–Fort Worth Metroplex.

Minto Communities USA, part of the Canadian real estate group Minto, closed on the property on 20 February, outlining plans for a 13,270-home master-planned community that will include residential neighbourhoods, multifamily units, retail space and civic infrastructure. Development is expected to begin in late 2026, followed by a multi-year build-out.

The project marks the company’s first entry into Texas and signals a long-term expansion strategy beyond its established Florida base.

A 13,270-home master plan in the southern DFW corridor

Located west of Interstate 35E, south of FM 875, north of FM 1446 and east of Lone Elm Road, the site sits within the southern arc of the Dallas–Fort Worth growth corridor. According to the developer, proximity to major interstates, medical facilities and regional amenities formed part of the rationale for selecting Waxahachie, alongside connectivity to Dallas.

Minto Communities land parcel in Florida
Location of the 3,170-acre land parcel in Waxahachie, Texas.

The Waxahachie City Council approved the development last month following approximately two years of collaboration between the developer and city leadership.

The master plan outlines two distinct residential districts: an active adult neighbourhood and a traditional community. In addition to single-family homes, the zoning framework allows for cottages, villas, townhomes and apartments. Plans also include 750 multifamily units.

Supporting infrastructure will include approximately 140 acres designated for mixed-use development and up to 1.2 million square feet of retail and commercial space.

Mixed-use infrastructure and civic components

Beyond housing, the development proposes a town centre and adventure park, multiple civic spaces and community services, and 400 acres of parks and open space connected by a network of trails and greenways. The plan also incorporates a middle school and several elementary schools.

According to Minto Communities USA, the project’s scale and zoning flexibility are designed to accommodate a spectrum of pricing and product types, allowing adaptation to market conditions while maintaining the broader master-planned framework.

The company operates under an integrated model in which it owns the land, develops the property and builds the homes. It states that this approach enables coordinated delivery of residential and amenity components across large-scale communities.

Economic projections and regional impact

The development is projected to contribute more than $42.2m in annual revenue to the City of Waxahachie. It is also expected to create a real property tax base of approximately $4.8bn, generating an estimated $56m annually for the Waxahachie Independent School District.

Construction activity is projected to support an average of 2,080 jobs. Over time, new businesses and resident spending associated with the development are expected to generate more than 7,500 permanent jobs.

The Waxahachie acquisition, therefore, represents both a geographic expansion and a long-term commitment to the state. With development scheduled to begin in late 2026, the 3,170-acre site is positioned to become a new residential and mixed-use node within the southern Dallas–Fort Worth Metroplex over the coming years.

About Minto Communities USA

Minto Communities USA, headquartered in Florida since 1978, has built more than 36,000 homes across 48 communities. The company has previously developed large-scale, lifestyle-oriented and active-adult communities and has indicated that it is pursuing additional large-scale projects throughout Texas.

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