Chron: Perot's Hillwood buys Sienna Plantation South

Perot's Hillwood buys Sienna Plantation South
Developer says first lots could be ready in mid-2009

By SESHADRI KUMAR
Chronicle Correspondent

Sienna Plantation in Missouri City has a new neighbor.

Hillwood, a Dallas-based development company, has purchased the 3,827-acre Sienna Plantation South to build a community of about 7,000 single-family homes. About 300 acres will be used for retail and commercial development.

The property was purchased from The Godi Group of Scottsdale, Ariz.

Hillwood spokesman David Pelletier said that the company would keep the same name, Sienna Plantation South, for the new development. He declined to disclose the sale price.

Hillwood, a Ross Perot company, is known for its development of the 17,000-acre AllianceTexas project northwest of Dallas-Fort Worth Airport, the $420-million American Airlines Center in Victory Park in Dallas and the 2,000-acre AllianceCalifornia development near Los Angeles. . .(click title link for more)


MCC comment: This appears to be the 4th owner since 2006. Many of the statements about the area are almost repeats regarding city officials comments (see "If they do what they have done in other places, it is going to be a very, very first-class facility," he said.
The city wanted to ensure that the integrity of the plantation as well as the history of the place are preserved, Owen said, and the developers have agreed to do so."). I wonder if they will soon be on Owen's campaign finance reports and disclosure statements???


calvin (c) 2007