HD Homes to be a part of the Parks of Aledo October 26, 2012
The phrase “excited as a kid in a candy store” has been bantered around for years. And though Mayor of Aledo Kit Marshall is no kid, her demeanor exuded nothing but excitement during a ceremonial tree planting to celebrate the groundbreaking of the Parks of Aledo.
On Oct. 24, James R. Harris Partners celebrated the new $120 million residential neighborhood development that will include 296 homes on 100 acres priced from $250,000 to $500,000.
“It’s all about timing,” Marshall said. “I’ve looked back over the last 6 1/2 years being mayor and I’ve watched things; things that I’ve been so passionate about and wanted to see happen.”
She said it’s all been about the timing and that, had things developed any earlier, they wouldn’t have been ready.
“To me this is a dream come true,” Marshall added. “This is one of those things I couldn’t have imagined, but I kept thinking I know there’s more.”
She said the development was the result of doing everything “right.”
“I’ve had great boards, commissions, councils and staff and so we’ve been able to do things right,” she said. “I’m convinced that if we had not followed the path we’ve been following [Harris Partners] would have not given us the first look and definitely not a second.”
Amenities will include two entryways featuring extensive landscaping and 17 acres of parks and open space with shade trees, irrigated lawns, fountains and crushed limestone walking trails. Curbside amenities will include parkways lined with shade trees, concrete sidewalks, antique street lights, mail boxes and street signs.
Harris Partners purchased the acreage, a portion of the Bailey Ranch, from the Bailey Ranch Partnership.
Justin Welborn, managing partner of the Parks of Aledo project and a JRHP partner, said that Phase 1 is underway with construction of water pipe, sanitary sewer pipe, concrete streets and other public improvements. He said the neighborhood is scheduled for builders to start construction of homes in the first quarter of 2013.
“What we’re most excited about is the parks and open space that will be a part of this project,” Welborn said. “There’s going to be 17 acres of park land scattered throughout the development along with planting 1,100 trees.”
He said what makes the Parks of Aledo a good investment and why he believes it will grow to become a premier neighborhood is its ideal location on a “beautiful ranch located in a progressive city with outstanding schools.”
“We’ve been impressed with the city’s leadership,” Welborn said. “Mayor Kit Marshall, the Aledo City Council and staff are providing excellent leadership for the community.”
He said the city was guiding its growth in a “constructive manner while forging strong partnerships that in the end will have a lasting impact.”
“We like the city’s infrastructure,” he said. “[It] has taken steps to insure that its infrastructure can accommodate future growth.”
Welborn then noted the improvements the city has made, such as the addition of a new 750,000-gallon water storage tank; upgrades to its wastewater treatment plant to accommodate double the city’s population; the reconstruction of Hwy. 1187; and a low tax rate of 2.46 percent.
Phase 1 will include 68 home sites, ranging in size from 60 feet wide to 75 feet wide, with an estimated value of $24 million. He said the next phase will follow within a year of Phase 1’s completion. Home sites in future phases are planned to range in size from 60 feet wide to 85 feet wide.
Jim Harris, Founder and Partner of Jim Harris Partners, said the plan they’ve come up with is one that everyone could be proud of.
“When it’s finished, you will see that the vision everyone shared is going to be an asset to the community,” Harris said.
Welborn said the following Fort Worth-based homebuilders have been selected for Phase 1 based on their reputation for quality construction and architectural designs: Clarity Homes, HD Homes and Village Homes. He noted that Harris Partners is considering additional homebuilders for the project.
Fred Disney, president of Westbrook Development Corporation of Fort Worth, represented the Bailey Ranch Partnership. JRHP represented itself. No financial details were disclosed. Southwest Bank of Fort Worth is providing the development financing.
The general contractor is Conatser Construction, Fort Worth; the civil engineer is Baird, Hampton and Brown, Weatherford; and the landscape architect is Design Workshop, Austin.
About the Bailey Ranch, aka Bailiwick
The late Dr. and Mrs. Noel R. Bailey, who established the Bailey Ranch Partnership, had purchased the land in 1955 from Dr. Charles Harris, founder of Harris Hospital in Fort Worth.
What began as a hobby became an avocation. The Fort Worth OB-GYN who had grown up on a small farm in Indiana increased “Bailiwick” – now known as Bailey Ranch – from 777 acres to some 2,000 acres partly owned and partly leased. He planted improved grasses and became known for raising registered, top-producing, champion Hereford heifers.
One year, Bailiwick Ranch had the champion heifer both at the State Fair in Dallas and the Sand Hills Hereford Show at Odessa.
The Baileys’ daughter, Barbara Bailey McNeal, and their son, the late James N. Bailey, spent a great deal of time at Bailiwick with their parents.
“Bailey Ranch is pleased to be a part of the growth and development of the city of Aledo,” said Barbara B. McNeal, who lives in Fort Worth and Omaha. “We appreciate the thoughtful planning by James R. Harris Partners to produce quality neighborhoods, and we look forward to following the progress of this exciting project.”
Jim Bailey’s widow, Sandy, who lives in Fort Worth, said Bailey worked the last several years of his life preparing Bailey Ranch to be developed in the “highest and best use possible.”
About JRH Partners
James R. Harris Partners and its affiliated firms provide real estate services in land development, homebuilding for residential neighborhoods and commercial development. In addition to JRH, the firms include HD Homes, L.L.C.; Presidio Interests, L.L.C.; and Village Homes, L.P., all in Fort Worth.
Read more here: http://www.star-telegram.com/2012/10/26/4366421/kit-in-a-candy-store.html#storylink=cpy
'Tis the Season to be with Mr. Mailbag December 16, 2011
Don’t let those stocking fool you…Mr. Mailbag knows what he’s talking about in this fantastic edition of Mr. Mailbag. What do you get a spouse who has everything? What does the 2012 future look like for Fort Worth and HD Homes? Read and you’ll learn…
Gobble Gobble with Mr. Mailbag (FW Weekly) November 21, 2011
Why does eating turkey make you tired? What’s a Tur-Duck-In? Who is dominating the Cultural District in Fort Worth for new homes? It’s all in this edition of Mr. Mailbag…
Time to Puzzle Scuttle with Mr. Mailbag (FW Weekly) October 27, 2011
Yep…more from your favorite question answerer…Mr. Mailbag. This time Mr. Mailbag not only talks about himself and what a Super Stud he is…but he encourages all his fantastic readers to register for the Third Annual Puzzle Scuttle 5K Family Fun Run/Walk benefiting The Child Study Center in Fort Worth.
The event will be held on Saturday, November 5th starting at 9:00 AM at Benbrook Lake.
For more information…contact Mr. Mailbag!
Smart Moves Company of Tarrant County 2011 (FW Business Press) October 20, 2011
HD Homes was recently named as a Smart Moves Company in Tarrant County for 2011 by the Fort Worth Business Press.
This honor spotlights companies that have made some gutsy and intelligent actions to better serve the greater Fort Worth community. The leaders of the winning companies are bold in vision and foresight.
Thank you Fort Worth Business for bestowing this honor on HD Homes…smart move.
Good Times with Mr. Mailbag and HD Homes (FW Weekly) September 21, 2011
Once again…pure greatness from your favorite FW Weekly guest writer…Mr. Mailbag!
Put on the "Freshman 15" with Mr. Mailbag (FW Weekly) August 27, 2011
Once again, Mr. Mailbag comes through with insightful answers to somewhat silly questions. Regardless of the questions…the answers are always the same: “make a smart move and check out HD Homes”...you’ll be glad you did!