More details announced for Springwoods Village

The first three homebuilders for Springwoods Village were announced in June, with Taylor Morrison building large, single-family luxury homes, Sullivan Brothers developing a "new-urbanist, mixed-lot residential community," and Martin Fein Interests building the development's first multi-family facility, The Belvedere.

Simon said Springwoods Village developers are also nearing an agreement with a hotel brand, which he said would be announced early next year.

A major component of the development includes a strong base of corporate employers. The plan got off to a significant kick start last month when Southwest Energy announced it would open a 10-story office on a 25-acre site in Springwoods Village. Simon said announcements of more corporate offices will come next year.

" They will be good names," he said.

The master-planned community is being developed with a balance of economic, environmental, social, housing and transportation elements. Simon said Springwoods Village will be developed over the next 15 years, at which point the community will support up to 50,000 workers and residents.