A partnership known as Waterfall Development has closed on a 3,114-acre land purchase for a $6B master-planned community that plans to build 7,500 new homes, effectively doubling the population of Denison, TX, which is about 75 miles north of Dallas.

The venture is led by McKinney, TX-based Craig International, with general partners including Horizon Capital Partners, also based in McKinney; Texas-based investor N9 Capital Partners and the Choctaw Nation of Oklahoma.


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