A New York-based community builder and investor has purchased a huge McKinney development site.
JEN Partners has acquired more than 1,100 acres north of U.S. Highway 380 near Lake Forest Boulevard.
The property is one of the largest undeveloped tracts of land in that area of Collin County and is one of the biggest suburban land sales in North Texas this year.
JEN Partners purchased the big residential site from Brinkmann Ranches of Collin County, the longtime owner of the land.
Previous development plans for the property called for more than 3,000 homes.
