The development arm of The Shaddock Family of Cos. — Plano-based Shaddock Development Co. — has acquired more than 137 acres of Brinkmann Ranch in Frisco, which will bring more than 500 homes to this part of North Texas. Terms of the land deal at the northwest corner of Independence Parkway and Main Street was undisclosed. The site was rezoned in November to accommodate development plans. "We have been interested in developing excellent property in the West Frisco area for quite some time and we have been actively developing subdivisions in the West Frisco market for some time," Bill Shaddock, one of the partners for Shaddock Development Co., told the Dallas Business Journal. "We are developing the last phase of a seven-phase development in Frisco that has been very successful and this will be a continuation of that," he added. Construction on home lots are slated to get underway this summer, with lots being delivered to builders by fall 2017. The builder's include Village Homes, Shaddock Homes and Darling Homes. The new single-family homes are expected to range in price from the $400,000s to upwards of $1.2 million.
- Dallas Business Journal, April 4, 2016