North Texas-based Bloomfield Homes plans to develop 750 new affordable homes in Mesquite – Dallas Business Journal

Mesquite has been experiencing “unprecedented new home construction” unlike the city has seen since the 1980s, officials say.

And on Monday, North Texas-based Bloomfield Homes announced it will add to the pipeline with plans to develop 750 new homes in the Ridge Ranch master-planned community near East Cartwright Road and Lawson Road.

City manager Cliff Keheley said the builder decided to continue its success in Mesquite on the heels of selling hundreds of new homes in another master-planned community in the city.

“Their enormous success in Hagan Hill on Interstate 20 has demonstrated that executive-style homes can be built and sold in our community,” Keheley said in a written statement. “This was realized by the fact that last year, the average value of a new home permitted in Mesquite rose by 30 percent to nearly $262,000 dollars.”

The model homes at Ridge Ranch are slated to be ready for would-be home buyers to tour by early 2019.

The master-planned community surrounds Mesquite ISD’s Don Achziger Elementary School and will have an amenity center.

The one-story and two-story single-family homes will range in size from 1,800 square feet to 4,000 square feet of living space, and some of the home lot sites will be big enough to accommodate swimming pools and three-car garages.

The builder plans to price the Ridge Ranch homes between $260,000 and $400,000.

Bloomfield Homes is ranked as one of the larger homebuilders in Dallas-Fort Worth, according to Residential Strategies’ latest data. Homebuilders throughout North Texas are seeking ways to put more affordable homes on the ground for buyers.

Largest North Texas Homebuilders

Ranked by # of Local New Home Closings in 2016

Rank Business Name # of Local New Home Closings in 2016 1 D.R. Horton Inc. 4,320 2 Highland Homes- Dallas LLC 1,456 3 Lennar Corp. 1,321 View This List

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