Not surprised at all about them selling it off. I know they have some defenders in this forum but I honestly don't understand how they are still in business. They seem to take huge risks without really having the experience to pull it off. They almost seem like day traders of stocks, everything is fine when it's a bull market but it's a house of cards when things aren't as sunny. I'd be happy to be wrong though, maybe they're just going to focus their efforts on Lone Star
I will say their masterplan is pretty cool, maybe that's their value, taking land and getting it more shovel ready... I know they got some TIRZ money for infrastructure and I think they rezoned things. I hope the TIRZ doesn't fall apart if it doesn't start development soon, I live in the area and would love to have better infrastructure over there.