New homes built in Euless Founder’s Parc highlight development in the area
A new residential project by a major developer is gracing Founder’s Parc in Euless, as other economic developments like urban lofts and restaurants are in the works for this mixed-use space in Northeast Tarrant County.
Taylor Morrison, one of the largest homebuilding companies in the country, recently announced the availability of three-story, single-family homes through the acquisition of 112 lots in Founder’s Parc.
The homes range in size from two- to four-bedroom homes, and from 2,024 to 2,882 square feet. They are priced in the $260,000s.
“Founder’s Parc is a great location for homebuyers who want a walkable urban lifestyle while still enjoying suburban amenities such as a planned amenity center with pool and clubhouse, open space along the canals and a 12-acre lake,” said Keith Hurand, Dallas Division President for Taylor Morrison and Darling Homes, in an email to the Fort Worth Star-Telegram.
Hurand said that the residential area will have “excellent” access to major freeways.
“This area is going through a revitalization and is attractive to both millennials and empty nesters. Euless is one of our most affordable markets in DFW and its location, about halfway between Dallas and Fort Worth, makes it ideal for home buyers who work in those cities but want an easy commute.”
Formerly known as Midtown Euless, this 60-acre development project south of Airport Freeway was brought forward by the development company Centurion American almost a decade ago and the project was eligible for about $12 million in tax increment financing to make it suitable for development.
Part of making this area suitable for development was demolishing run-down apartment complexes and solving floodplain issues, the Star-Telegram previously reported.
After investing millions to get this area’s infrastructure up to par, Founder’s Parc is soon going to offer three different housing types that will allow for multiple price points, according to Stephen Cook, senior planning manager with the City of Euless.
Cook said that aside from the Taylor Morrison housing project, Founder’s Parc is also expecting the development of about 380 urban lofts and a 14,000-square-foot space that will house four different styles of restaurant brands affiliated with Centurion American.
Founder’s Parc is also expecting buildings to be leased for retail use and a new standalone sports-themed restaurant south of Villa Drive, Cook said.
“Founder’s Parc is a brand new high-quality construction that is at multiple different price points. It’s highly walkable with lots of open space with natural trees,” Cook said. “It has quick and easy access to highways and to Dallas-Fort Worth Airport and it’s located in the HEB School District, one of the top school districts in the state.”
Hurand told the Star-Telegram that cleaning protocols and social distancing practices are in place when showing potential buyers any of the Taylor Morrison homes. He also says that the homebuilding company is offering “curbside” or “drive-thru” closings nationwide.
Founder’s Parc has significantly developed since Shadow Creek, Concord House and Concord Terrace stood as rundown apartment complexes decades ago and Centurion American and the City of Euless decided to refurbish this spot in Northeast Tarrant County.
“Founder’s Parc is now just an attractive centrally-located mixed-use development with a combination of commercial and residential that you can access by walking and not having to get in your car,” Collins said.