Denton - February 2026

Planning for growth From the cover

By the numbers

What’s happening

At a Feb. 3 City Council meeting, Denton Chief Financial Ocer Matt Hamilton said that after Landmark’s rst phase is complete, the city will receive about $2.5 million annually in property tax revenue from that portion of the development starting in December 2027. Rosendahl said a scal impact study was com- pleted with the initial development agreements that estimated Denton would receive $85 million per year in revenue, once built out, that will go to the city’s general fund. “Developments like Landmark often expand the overall economic pie by attracting new residents, visitors and investment to the city as a whole,” Denton Chamber of Commerce President Erin Carney said.

Landmark will also have about 900 acres of commercial space, with a new H-E-B grocery store to anchor a 45-acre retail center. “With Landmark, we are looking decades down the road,” Denton Mayor Gerard Hudspeth said. “Putting roadway infrastructure ... and green spaces in place is an important step before residents move in.” The first phase includes about 750 single-family homes, and design plans and engineering plans for the second phase are with city officials for review, said Charlie Rosendahl, the city’s interim director of development services. Officials expect that part of the development to break ground by the end of 2026. Vice President of Hillwood Communities Andrew Pieper said the population is growing along both I-35W and US 380 toward Denton, driving the need for more homes. Single-family home prices will range from about $400,000 to $1 million. While most of the houses in Denton are priced lower, they are older, Pieper said.

Dallas-Fort Worth-based developer Hillwood broke ground on the first phase of Landmark, a 3,200-acre master-planned community, in November. The $10 billion development will feature more than 6,000 single-family homes, 3,000 multifamily units and 1,000 acres of park space over the course of its 40-year build-out, according to previous reporting.

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Denton

Zooming in

City data shows that Denton land zoned for single-family use is roughly 48.6% developed. Res- idential land zoned for multifamily use is nearly built out at 96% , Rosendahl said. A transportation study was also completed in 2020 to analyze the increase in trac from the development. Rosendahl said a plan was created based on the expected increase in trac. While there wasn’t a specic result from the study, coordination between Denton, Denton County and Hillwood is underway to phase out the timing of these improvements to accommodate the pro- jected increased trac, Rosendahl said. “By prioritizing mobility and preservation from the start, we’re building more than a neighbor- hood; we’re creating a lasting community where Denton residents and businesses can thrive,” Hudspeth said.

E R

R Y

Landmark Phase 1 amenities

1 Resort-style pool 2 Community space 3 Event lawn 4 Possible school site 5 Pavilion 6 Amphitheater 7 Food truck park 8 Homeowners association

9 Observation tower 10 STEAM-focused learning parks 11 Site of H-E-B/ mixed-use development

2024 housing in Denton

Single-family units: 58.73% Multifamily units: 37.94% Other (townhomes, etc.): 3.33% Types of housing

Y O A K L N .

18.25K acres

Single-family build-out breakdown

35W

SOURCE: HILLWOOD/ COMMUNITY IMPACT

Developed land: 47.4% Undeveloped land: 52.6%

AUTUMNSAGETRL.

MAP NOT TO SCALE

20.27K acres

ROBSONRANCHRD.

SOURCE: CITY OF DENTON/COMMUNITY IMPACT

COMMUNITYIMPACT.COM