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CDK Realty Advisors Joint-Ventures Development in Trophy Club 11/1/2006

CDK Realty Advisors has formed a joint-venture with Terra Land to purchase 218 single family residential lots in Eagles Ridge and Hogan’s Glen, subdivisions within the city of Trophy Club.

Trophy Club is located in a major growth area within close proximity to both Dallas and Fort Worth. Within minutes of all areas of the Metroplex, the town is in a prime area for work or play. Inside the town is a number of parks, miles of existing pathways, and a community swimming pool. The population is expected to reach 10,177 by 2013.

The Trophy Club development was the first premiere planned community centered around a country club. The golf course was designed by Ben Hogan, one of the greatest golfers in history. As Trophy Club began to grow it eventually became incorporated as a town in 1985. Today the population of Trophy Club has grown to 7,400 with a wide range of home prices from the low $100,000’s up to $1,000,000. With careful planning and consideration of the residents needs, the town constantly reviews plans to ensure that the community maintains the neighborhood atmosphere that residents have come to treasure.

Terra is a real estate development and land management company founded by Paul Spain and Bobby Harrell who are known for creating some of the finest neighborhoods and residential real estate in North Texas. Terra’s business model is to develop residential lots for sale to home builders.