X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LEWISVILLE, TX-The developer of a 2,500-acre community has donated 11 acres, valued at $1 million, to the YMCA of Metropolitan Dallas to build its 27th branch facility in the region. Construction on an estimated $4-million building will begin in fourth quarter 2004.

Castle Hills Development Corp. put up land in Castle Hill’s northern quadrant along Parker Road or FM 544. The ribbon-cutting is tentatively marked for 2005. The building’s design is still on the drawing boards, but it’s projected that it will run the norm, 25,000 sf to 30,000 sf. The building will feature an indoor basketball court, fully equipped fitness room, locker rooms, child-care center and outdoor pool. The donated land includes enough acreage for four multi-purpose athletic fields.

“The agreement represents a substantial financial investment on our part and it underscores our continuing commitment to create an infrastructure…that provides our residents with a wide variety of family-friendly choices,” Scott Morris, Castle Hills Development’s director of operations, said in a press release. The 2,500-acre Castle Hills design contains about 500 greenbelt acres.

The fast-paced growth in southeast Denton County mortared the YMCA’s decision for the branch facility, said Gordon Echtenkamp, the non-profit’s president and CEO in Dallas. Other branch facilities to the north of Dallas are situated in Frisco, Coppell and Plano.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.