Development in this north Fort Worth suburb is getting 42 houses, 3 restaurants
A Keller development is getting 42 single-family homes starting in the mid-$600,000s to complete the 38-acre Center Stage project.
The neighborhood will stretch along Mount Gilead Road near U.S. 377 just south of the loft-style apartment complex. The two-story detached homes will be built by CastleRock Communities and will be styled similarly to the group’s McKinney site.
Sam Pan, from the Center Stage developer Realty Capital, said the 8.08 acres will be ready in January 2026 for CastleRock to break ground. The developer will start the process in mid-April to get utilities in the ground before houses can go up.
Greg Varney, CastleRock DFW division president, said he expects to deliver homes in the last few months of 2026, if all goes according to plan.
“Our anticipation of this project is that it’s going to be a stellar project,” Varney said. “So it’s a great community, great location and there’s a need for it, because the communities around there are a much higher price point for new construction.”
Buyers will have the option between four layouts between 2,300 to 2,600 square feet and starting in the mid-$600,000s and going up to the $800,000s. Three plans have three or four bedrooms and three bathrooms. The fourth layout has yet to be drawn up.
Varney said the typical profiles of buyers he sees for this type of home are empty-nesters looking to downsize and young professionals.
Between U.S. 377 and the neighborhood will sit three restaurants: Basecamp, Los Caminos and Osteria Toscana. The eateries have mixed-American, coastal Mexican and Tuscan Italian concepts. The restaurants will sit on a community lawn complete with a stage fit for live performances.
Keller partnered with Realty Capital to build the Center Stage development in 2020. City Manager Aaron Rector said the established phase of the project is already Keller’s second-highest property taxpayer.
The Star-Telegram reported in 2023 that the entire development is estimated to bring in $360,000 in annual sales tax, $519,000 in city property tax and $1.8 million in Keller school district property taxes.
This story was originally published April 4, 2025 at 10:43 AM.