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    Homebuilding news

    Dallas homebuilders optimistic about market amid coronavirus concerns

    Elaine Raffel
    Apr 20, 2020 | 3:34 pm
    News_construction_new home
    New homes are still going up.
    Photo by Ralph Bivins

    Despite coronavirus-related restrictions, homebuilding is alive, well, and even flourishing in Dallas, say three of the city’s most well-respected (not to mention, busy) industry pros.

    Following a recent Zoom networking call for trade group Custom Builders USA, Jeff Dworkin, president of JLD Custom Homes, said 20-plus homebuilders agree: overall, the outlook is positive.

    “For the most part, it’s business as usual," Dworkin says. "The only hesitancy is about adding more speculative inventory to the market, especially at higher price points."

    There is one caveat: time. Delays have added two to four weeks to Dworkin’s average five-month-or-less turnaround time.

    “We’re limited to the number of subs we can send to a job at any one time," the veteran homebuilder says. "Smaller crews help with social distancing, but not getting work done as timely.”

    Securing permits also present challenges. “What we could do in a day now takes several weeks," he says. "And some, like demolition, are taking even longer because there’s no way to do it online."

    On a positive note, orders and deliveries haven’t been impacted. “If anything is going to happen, it’s going to be 30 to 60 days down the road,” he says.

    By then, Alford Homes founder Greg Alford is hopeful the entire city will be back in business.

    “There are signs of it already," Alford says. "Two weeks ago, there was nobody on the road. Now, we’re seeing car after car on the toll road."

    Currently, three Alford specs are available in Preston Hollow and the Park Cities; one more is on the way. In addition to local buyers, there’s been interest from New York and California.

    His biggest frustration? Like Dworkin, it’s not being able to work crews to capacity. “It’s definitely slowing us down,” he says.

    Industrywide, homebuilders are taking mandated guidelines seriously. The new normal includes hand-washing stations, masks, and gloves. It’s also common procedure to check temperatures, practice social distancing, and adhere to the “one in, one out” rule.

    “We all need to do our part to follow the mandates. We can’t afford not to,” says Michael Munir, corporate president and chief operating office of Sharif & Munir.

    Internally, the luxury homebuilder is also following protocol. Company employees alternate working remotely, and only a certain number can be in the office at any given time.

    “During a draw week, it’s three, max. But in our 6,500-square-foot space, that’s more social distancing than at home,” he says.

    As for business, every project on the books — even the most ambitious — is moving forward.

    “No one has put a stop on anything already under way,” says Munir. “Interest is definitely strong. I’ve even had a couple of Zoom calls with prospects in the design phase wanting to build new homes.”

    Dworkin concurs: “The folks who are out there now are real buyers.”

    ---

    A version of this story originally was published on CandysDirt.com.

    home-for-sale
    news/real-estate

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    Moving north

    $1.5 billion development with working farm takes root in booming Anna

    John Egan
    Mar 27, 2026 | 10:30 am
    Anna, Texas
    Facebook/Anna
    Anna is a fast-growing city north of Dallas.

    The fast-growing Dallas-Fort Worth suburb of Anna, once a small farming community, is poised for even more population growth with the addition of a $1.5 billion master-planned community.

    Real estate investment firm Tellus Group broke ground Wednesday, March 25, on the more than 970-acre project, called Sherley Farms. Tellus is marketing the development, located in Collin County, as a wellness-focused, master-planned community with about 3,000 homes and an actively managed organic farm.

    First-phase homebuilders are Bloomfield Homes, DRB Homes, Drees Custom Homes, Highland Homes, Homebound, Olivia Clarke Homes, and Perry Homes. The initial model homes will be finished in the spring of 2027.

    The Sherley Farms site is five minutes from U.S. Highway 75 and near downtown Anna, which ranked fifth among U.S. cities for population growth from 2023 to 2024. As of July 1, 2024, Anna’s population stood at 31,986, up 14.6 percent from the same date in 2023 and up 183 percent from 2016. Anna’s population is projected to hit 100,000 by 2050.

    One standout aspect of the project will be a 65-acre organic farm that supplies fresh produce. Tellus says the “working” farm will serve as an “agricultural anchor and gathering place.”

    “Sherley Farms reflects our belief that the future of community development is rooted in wellness, connection, and a deep respect for the land,” says Craig Martin, founding partner and CEO of Tellus Group.

    Sherley Farms Facebook/Sherley Farms

    Anna started as a farming community in 1883. But in recent years, it has transformed into a rapidly growing suburb with more than 7,700 households as of 2024.

    Aside from homes, the first phase of Sherley Farms will include an amenity center with a resort-style pool and a portion of the planned green space.

    “Sherley Farms is a meaningful investment in Anna’s future, expanding our tax base, attracting new residents, and driving long-term economic growth,” says Kevin Toten, Anna’s mayor pro tem. “This project will generate new economic activity, support local businesses, and strengthen Anna’s position as a destination for high-quality development in North Texas.”

    In addition to Sherley Farms, Tellus is developing the Mosaic master-planned community in Celina, the Mirabella gated community in Prosper, and the Meraki master-planned community in Forney. Tellus was the principal developer of the $3 billion Windsong Ranch master-planned community in Prosper.

    dallas suburbsannamaster-planned communitydevelopment
    news/real-estate

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