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Indian Creek Ranch

Indian Creek Ranch
  • Location: Carrollton, TX
  • Project Size: 1,280 acres
  • Project Type:
    Multiuse Community
  • Land Uses: Residential, Commercial, Industrial, Retail, Open Space
  • Partner: Jeff Beck
  • Project Launched: 1991
  • Bulk Sale: 1993

Indian Creek Ranch was simply a large plot of land when Woodbine became a joint owner in 1991. But as a managing general partner, Woodbine focused on rezoning the land to reflect a more marketable mix of uses, as well as assisting in infrastructure development within and around the project. We also worked on a successful restructuring of the property’s bond debt to better complement residential development. Our hard work paid off: In just two years, we significantly increased the property value and sold it to a group of investors in 1993.

Lesson Learned -  Keep an eye on your pro forma. Sometimes the value you add to the front end of a project can be realized before you develop.

Master Plan & Aerials

Indian Creek View & Download