Proceeds from the sale of bonds from the North Parkway Municipal Management District No. 1
Use of Proceeds:
Reimbursement of eligible public improvements and refinancing of the existing Series 2024 A-1 Bonds
Legacy Hills
Collin County
Legacy Hills is a 3,150-acre primarily residential master-planned community in Celina, TX (Collin County). The Development is entirely within North Parkway MMD No. 1, which is ~42 miles north of Dallas.
The Development is anticipated to include 5,468 single family residences, which includes 5,190 single family detached units and 278 build-to-rent units.
Legacy Hills is being developed by Centurion American.
At the time of issuance:
91% single family lots were closed to the Pod Developers (Ashton Woods / Great Gulf, Pulte / Del Webb, Lennar, Beazer Homes / UnionMain, First Texas Homes, Mattamy Homes) with the remaining 9% under contract for sale to Pulte.
40% single family lots were finished.
8% single family units were complete or under construction.
46% of the total reimbursable budget had been spent to date.
