Falling Waters is being built on the west side of SH 211 across from Briggs. Homes will range from $170 - 400K in the "Northern Section." The "Southern Section" will be a bit more exclusive but this is a phase two location. Falling Waters is in a heavily treed areas with hills and knolls like Briggs so there will be plenty of good views. It's part of a plan involving Cumberland and Kerby Development (which did the Dominion) and was a buy out of the old Felder Ranch Tract. This one plans a new 9 hole golf course and access to the Lee Trevino 18 hole course at Briggs Ranch. There will be c. 1000 lots in the North and South (total ~2000 lots).
As you know there is a 1 million sq foot commercial center just a 1/4 mile up the road at Redbird/Stevens Ranch. Homes across the street at Briggs are up to the $7,000,000 range.
Anybody know anything else about this?
Here are a couple links to get you started:
http://www.drakecommercial.com/prop/Falling%20Waters/Falling%20Water%20package.pdf (broken link)
Feldertract