DALLAS – (July 18, 2024) – Hillwood, a Perot Company, has finalized plans for the Hunter Ranch property in Denton, Texas. The large-scale, mixed-use project is a combined effort of Hillwood Communities, the award-winning residential community developer based in Dallas, and Fort Worth-based Hillwood Properties, the developer of the 27,000-acre, mixed-use AllianceTexas master-planned development.
The 3,200-acre property in Denton is one of the original land holdings purchased by the Perot family in 1987. Situated at I-35W and Robson Ranch Road, the property serves as the entry gateway to Denton and was always a pivotal part of the long-term vision of what would become AllianceTexas. Hillwood’s commitment to the I-35W corridor will now see the delivery of the developer’s first large-scale, combination residential and mixed-used development.
The property’s most prominent feature, and the highest point in the City of Denton, is Pilot Knob. A unique geologic and ecological site in North Texas, Pilot Knob was considered a way finder for indigenous peoples, frontier settlers, and cattle drives. That status informed the story and a new name for the property – Landmark by Hillwood. “The land leads us” was the vision statement that put the land’s natural features forward in every planning decision.
“The Landmark project represents progress in our commitment to sustainable growth, which will bring vibrant living and recreational spaces to the City of Denton,” says Mayor Gerard Hudspeth. “I look forward to seeing this dynamic community come to life, driving economic development and creating a thriving environment. Strategic goal alignment has been the foundation of our partnership with the Hillwood team, and I am confident the project will deliver on our collective vision.”
Landmark will build on the success of past and current residential masterplans including Harvest in Argyle/Northlake, Pecan Square in Northlake, and the soon-to-open Treeline community in Justin. At build-out, the development will add 6,000 homes in a variety of product styles, sizes, and price ranges to the region.
The masterplan was envisioned around a distinctive 1,100-acre green ecosystem anchored by a 300-acre entertainment and park district encompassing Pilot Knob and the surrounding hills. An interconnected trail system, acres of recreation areas, and signature parks will create an expansive opportunity for outdoor recreation in Denton. In addition, a series of S.T.E.A.M.-focused learning parks are planned to promote nature education and engagement. The parks will be open to all in the North Texas region and extend science, technology, engineering, art, and math learning for existing and future on-site Denton ISD schools and neighboring school districts.
In addition to abundant residential, Landmark will deliver more than 5 million square feet of commercial, mixed-use space, and over 3,000 multifamily units fronting five-plus miles of I-35W. The master plan will seamlessly integrate retail, dining, office, entertainment, hospitality, and healthcare with ample green space similar to Parkside at Alliance Town Center.
“As development at AllianceTexas expands further into Denton, Landmark is an ideal location for a curated, mixed-use development that will complement the new residential community,” stated Kimberly Cole, Vice President at Hillwood Properties and commercial project manager for Landmark. “With Pilot Knob as its centerpiece, Landmark will be an experiential hub blending outdoor recreation with vibrant retail and entertainment opportunities. Drawing from our successful master plans at AllianceTexas, Circle T Ranch in Westlake, Texas and Frisco Station in Frisco, Texas, Landmark promises to become a regional draw for families, businesses, and visitors alike.”
This will be Hillwood’s first development in the City of Denton. Recognizing Denton’s established culture focused on arts, music, and education, Hillwood worked closely with elected officials and city staff to deliver a city-in-a-city concept as a southern gateway experience to Denton creating a new center of gravity and go-to destination in North Texas.
“It was important for us to collaborate with Denton to deliver a one-of-a-kind development that worked in concert with Denton and its values,” says Andrew Pieper, Vice President at Hillwood Communities and residential project manager for Landmark. “We let nature guide all planning with the city to protect environmentally sensitive areas while bringing needed housing, schools, employment, shopping, dining, entertainment, and outdoor recreation to the city.”
Landmark will break ground this September with 747 single-family lots in the opening phase. Nine builders will offer plans in a variety of sizes, designs, and price ranges with future development exploring additional product types and builders. Models are slated to open Spring 2026. Commercial planning and leasing are underway.
About Hillwood
Hillwood, a Perot company, is a premier commercial and residential real estate developer, investor, and advisor of properties throughout North America and Europe. With a diverse portfolio of properties and home to many of the world’s leading companies, Hillwood is committed to bringing long-term value to our customers, partners, and the communities we serve. For more information, please visit www.hillwood.com.
Through its Communities division, Hillwood has delivered close to 50,000 single-family lots in master-planned communities across 13 states and Costa Rica. These communities continue to raise the bar in terms of quality, innovation, and the unmistakable sense of community that sets each property apart. Before laying the physical groundwork for any new residential development, Hillwood Communities takes the time to focus on the ideals that draw people together — and the everyday interactions that strengthen those bonds. By purposefully designing its walkways, gathering spaces, and structural amenities to spark spontaneous encounters and foster shared interests, Hillwood Communities creates community in every sense. For more information, please visit www.hillwoodcommunities.com.
Hillwood Properties, based in Fort Worth, is a premier real estate developer specializing in industrial-logistics, corporate office, and retail mixed-use development, as well as airport and property management. With a commitment to excellence and innovation, Hillwood has established a reputation for quality development that drives economic growth for communities throughout North Texas. Signature developments include AllianceTexas, Circle T Ranch, and Frisco Station. To date, Hillwood Properties has developed and acquired 31 million square feet of industrial, 3.2 million square feet of retail and office, and over 4,000 multifamily units. For more information on Hillwood Properties’ flagship development, AllianceTexas, please visit www.alliancetexas.com.