Taylor Morrison Splashes Into DFW With 6 BTR Land Closings In 2021

Adds Lavon And Saginaw To Growing List Of Communities

(DALLAS—March 10, 2022) Top-5 national homebuilder Taylor Morrison, which is already one of Dallas-Fort Worth’s most well-known homebuilders, is expanding beyond single-family for-sale home communities. Through its partnership with industry disruptor Christopher Todd Communities, Taylor Morrison is establishing its Build-To-Rent (BTR) housing footprint in North Texas via an impressive line-up of newly purchased land sites in Grand Prairie, Celina, Denton, Melissa, Lavon and Saginaw. The six projects will combine for over 1,300 residences on the ground in the next few years. Each community will be branded as a Christopher Todd Communities Built By Taylor Morrison.

The first site under development, Christopher Todd Communities At Dechman, is located in Grand Prairie and targeted for initial leases later this year. Christopher Todd Communities At Dechman and others will include primarily one- and two- bedroom single-story homes with individual backyards, included pet doors and the promise of A New Way To Live®.

“It’s been great working with the municipalities as our product type was well received and we cater to not just future homeowners but what we call renters by choice,” said Sunny Patel, Taylor Morrison’s Build-To-Rent, Director of Land Acquisitions. Renters by choice aspire to a lifestyle that is elevated from traditional apartment living.

“Over the last two years, we navigated through a pandemic and managed to work with fantastic landowners and brokers along the way that included Matthews Southwest, Corson Cramer Development, Centurion American Development Group, MA Partners, Lackland Holdings, and Davidson & Bogel Real Estate,” said Patel.

Taylor Morrison and Christopher Todd’s latest for-rent project to announce in DFW is the 251-unit Christopher Todd Communities At Elevon located at S. State Highway 78 and W. FM 6 in Lavon. The Elevon masterplan will include more than 4,500 single-family homes, 1,000 multi-family residences, an 80-acre business park, and more than 100 acres of mixed-use retail. Christopher Todd Communities At Elevon is the city’s first BTR community.

“Having Taylor Morrison in Elevon is the perfect fit,” said John Marlin, CEO of MA Partners. “With their Build-To-Rent product, Elevon now suits the need of families in almost every stage of life. After meeting with several Build-To-Rent developers and evaluating each of their product offerings, it was clear that Taylor Morrison’s quality, attention to detail and focus on the living experiences made them perfect partners in our community.”

Taylor Morrison also recently closed on land in Saginaw for the 188-unit Christopher Todd Communities At Beltmill, located on the northeast corner of Saginaw Boulevard and Bailey Boswell Road. Beltmill is a 115-acre mixed-use community that consists of single-family homes, multi-family, senior living, and retail and restaurants.

“Our Build-To-Rent division is off to a great start in DFW,” said Taylor Morrison Build-To-Rent National President Darin Rowe. “We’ve expanded Taylor Morrison’s customer base to include a segment of consumers who seek maintenance-free peace of mind without sacrificing the lifestyle of a single-family community. There is a huge demand for this product among Gen Z, millennials and baby boomers, and they love that they can count on Taylor Morrison’s recognized quality and integrity.”

Taylor Morrison continues to source additional for-rent opportunities in North Texas and across other markets in Texas, Arizona, Florida and North Carolina.

About Taylor Morrison
Headquartered in Scottsdale, Arizona, Taylor Morrison is the nation’s fifth largest homebuilder and developer. We serve a wide array of consumers from coast to coast, including first-time, move-up, luxury and 55-plus active lifestyle homebuyers under our family of brands—including Taylor Morrison, Esplanade, Darling Homes Collection by Taylor Morrison, and Christopher Todd Communities Built By Taylor Morrison. From 2016-2022, Taylor Morrison has been recognized as America’s Most Trusted® Builder by Lifestory Research. Our strong commitment to sustainability, our communities and our team is highlighted in our latest annual Environmental, Social and Governance (ESG) Report.
For more information about Taylor Morrison, please visit www.taylormorrison.com.

About Christopher Todd Communities
Christopher Todd Communities is the leader in Build-To-Rent communities, specializing in Single-Story Rental Communities (SRC) which are amenitized, gated, planned communities designed specifically for renters. The company has a proprietary playbook for their branded, technology-forward, luxury single-story rental homes with private backyards and doggy doors in professionally managed, smart-gated communities, resulting in faster lease ups, high retention, optimized rent rates and dynamic investor returns. Christopher Todd Communities is an “asset maximizing” company, creating enhanced value though the branded community and lifestyle experience. Learn more at www.ChristopherTodd.com

CONTACTS:
Christopher Todd Communities
Martha Moyer Wagoner
(602) 861-8006
martha@liveatctc.com

Taylor Morrison
Alice Giedraitis
(480) 840-8137
agiedraitis@taylormorrison.com