900-acre housing development in Burleson will feature homes $290,000 to $1 million
A $1.2 billion development is coming to Burleson with 101 acres for office space, an equestrian center and homes to fit every lifestyle.
On Monday, the city council approved an agreement with RA Development for Burleson’s first master-planned community near Chisholm Trail Parkway on the city’s western border.
The sprawling 900-acre Chisholm Summit will feature over 100 acres of dedicated parkland, an equestrian center, horseback riding trails, over 10 miles of an inter-connected trail system throughout the development, and large ponds for fishing and relaxing.
“We are happy to welcome the first master-planned community to Burleson,” said Mayor Chris Fletcher in a news release. “This project fits right in with the character and vision for our city. It also provides a development on our western city limits that creates new housing possibilities for families and for seniors.”
The development will have homes, townhomes and estate lots. Prices will range from approximately $290,000 to $1 million, according to the news release.
The homes will be in the Joshua school district and water will be provided through the Johnson County Special Utility District. The city of Burleson will provide sewer service and electricity will be provided by United Cooperative.
Justin Bond, chief operating officer for RA Development, said the Chisholm Trail Parkway is the driving force behind the Chisholm Summit project.
Residents will have direct access to the parkway, he said.
“Growth is part of the Dallas/Fort Worth DNA,” he said. “We are a growing economy. We want to provide neighborhoods for this community that we love so that families will want to move to.”
Bond said that about seven years ago, Burleson officials began exploring the master-planned community concept found in suburbs. Burleson has developed neighborhoods, but did not have a “one-stop” development for residents, Bond Said.
The Joshua school district also played an integral part in planning Chisholm Summit.
Bond said RA Development has discussed the plans with the school district and school officials included the development in its demographic studies of future growth.
Chisholm Summit will also feature 28 acres for commercial development and the 106-acre Hooper Business Park, a professional office park and medical district and Chisholm Square, similar to Burleson’s Old Town district.
Economic impact
TischlerBise, a third-party fiscal, economic and planning consulting firm, met with the city council in May and presented their financial analysis of the Chisholm Summit development.
It showed that the proposed development would add approximately $1.15 billion in taxable value to the city and add roughly ten percent to the city’s sales tax collections.
The city is projected to receive $1.66 in revenue for every dollar of expenditures which does not include the Hooper Business Park development.
This story was originally published June 8, 2021 at 2:20 PM.