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mixed-use development in southern Dallas is taking shape with the signing on of two major homebuilders, D.R. Horton and Lennar. Hoque Global, a local real estate investment firm, has sold approximately 580 lots to the builders at its 280-acre University Hills development near the University of North Texas at Dallas campus. The land will be used for single-family homes and townhomes priced between $300,000 and $500,000.

    Infrastructure work is set to begin in early 2025, with the first residents expected to move in by early 2026. Hoque Global's CEO, Mike Hoque, aims to attract a grocery store to the area, with H-E-B being a top contender. The development has been years in the making and has received $31.4 million in tax increment financing from the Dallas City Council.

    At full build-out, University Hills could feature hundreds of single-family homes, 1,500 apartments, 1.5 million square feet of commercial space, and over 50 acres of open green space. The project is part of Hoque's mission to spur economic growth in southern Dallas. With several other projects in the works, including a planned apartment complex and the potential purchase of the Bank of America Plaza, Hoque is confident that his vision for the area will attract more developers and businesses.