Covenant Development in a tie-up with Rockhill Capital & Investments announced plans to construct over 750 single-family homes within Heritage Ranch in the US.

Heritage Ranch is a 440-acre mixed-use planned community in Sherman, Texas.

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The project will comprise homes by Highland Homes and K. Hovnanian Homes.

It will feature homes with a variety of styles and lots sizes, as well as parks and trails for residents to enjoy.

Construction of new homes will start in early 2023.

The homes are anticipated to be available from late 2023 to early 2024.

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Located less than one mile west of US Highway 75 at the intersection of FM 1417 and US Highway 82, Heritage Ranch will feature a mix of commercial, retail, hospitality and office space.

There is also a proposal for an entertainment district with amenities.

Covenant Development president Ryan Johnson said: “We’re excited to partner with the veteran team at Rockhill to oversee this residential section of the master plan.

“Heritage Ranch will set a new bar for Sherman and offer a truly unique community for future residents.”

Covering around 171 acres, the residential area will be constructed in four phases.

The developers also plan to improve the natural resources of the land, and open space.

There are proposals for pedestrian trails and walkways, and enhanced roadway designs.

Rockhill Capital & Investments managing partner Ryan Griffin said: “Covenant has worked hard to put together a comprehensive vision for Heritage Ranch, and we’re excited to be a part of it.

“Construction is underway, and we’re looking forward to seeing this residential project come to life.”
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Image: Heritage Ranch is a 440-acre mixed-use planned community in Sherman, Texas. Credit: Business Wire/ Covenant Development/ Rockhill Capital & Investments.