Representative Client Projects
The Watson Firm has decades of experience guiding sophisticated real estate projects from inception to completion. We are proud of our work and honored to be associated with some of the most prestigious communities across the country. Below is a representative sampling of the work we’ve done on behalf of our clients.
Master-Planned Communities
Fields
Fields, a $10 billion master-planned community in Frisco, Texas.
Client: FHQ Development Partners LP
The Watson Firm’s role:
- Sale of 97-acre plot of land for Universal Studios theme park and hotel
- Sale of two large parcels to homebuilder John Landon of Landon Homes for the construction of more than 1,200 homes
- Sale of land Taylor Morrison Homes to build almost 500 single-family homes
- Sale of land for an industrial venture
Whitecap NPI
Whitecap NPI, an approximately 242-acre mixed-use community in Corpus Christi, Nueces County, Texas.
Client: International Bank of Commerce (Diamond Beach Holdings, LLC), Ashlar Development
The Watson Firm’s role:
- Acquisition of approx. 40-acre neighboring tract in 2022
- Project-level agreements, including lot reservation agreements, production builder, custom builder, and individual homeowner purchase and sale agreements, and development-related documents; coordination of residential HOA formation, CCR preparation, boat club matters; coordination of ILSA filing; matters related to commercial development, hotel and amenities, realty company, short-term rental program
Rudman (Wildridge Expansion)
Rudman Tract, an approximately 122-acre mixed-use tract in Oak Point, Denton County, Texas.
Client: Ashlar Development
The Watson Firm’s role:
- Acquisition of approx. 122-acre tract in 2022
- Project-level agreements, including builder purchase and sale agreements, development-related documents, CCR amendments and HOA relationship; coordination with City on PID and other matters; matters related to commercial development
Connerton
Connerton, a 4,800-acre master-planned community in Land ’O Lakes, Pasco County, Florida.
Client: Hayman Woods
The Watson Firm’s role:
- Builder Agreements, development agreements, venture negotiations, construction and consulting agreements
- Sale of majority of remaining project to Lennar Homes in 2018
Crown
Crown, a mixed-use development in Gaithersburg, Maryland, consisting of approximately 2,250 residential units and approximately 330,000 square feet of retail.
Client: Westbrook Partners
The Watson Firm’s role:
- The preparation and negotiation of contracts, agreements and other documents relating to builder programs
- The preparation and negotiation of construction contracts and consulting contracts with contractors and design professionals, commercial sale contracts, homeowners association matters
- Various additional development and corporate matters
The Groves
The Groves, an approximately 991-acre master-planned community in Humble, Harris County, Texas.
Client: Ashlar Development/Castlelake (previously Crescent Communities)
The Watson Firm’s role:
- Acquisition of raw land in 2012
- Builder purchase and sale agreements, development financing, preparation of CCRs and formation of HOA, relationship with MUD, early stages of sale and development of mixed-use portions of project, including daycare, multi-family, and retail sites
- Sale of project by client Crescent Communities to Ashlar Development/Castlelake in 2017. Retained by Ashlar/Castlelake to continue representation
Marina Heights/Sea Haven
Marina Heights/Sea Haven, A master-planned community spread over 248 acres on the former site of the Fort Ord U.S. Army Base, Monterey California.
Client: Westbrook Partners/Stanford University
The Watson Firm’s role:
- The development, construction, and sale of single family attached, and detached homes, as well as raw land, joint venture agreements, development management agreements
- Various additional development and corporate matters
Nichols Vale
Nichols Vale, Mt. Juliet, Wilson County, Tennessee
Client: Ashlar Development/Castlelake
The Watson Firm’s role:
- Acquisition of the ongoing development in 2018
- Project-level agreements, including builder purchase and sale agreements, development related documents, homeowners association matters, development financing
Orange Blossom
Orange Blossom, Collier County, Florida
Client: Rockpoint
The Watson Firm’s role:
- Preparation and negotiation of contracts, agreements and other documents relating to the acquisition of approximately 300 acres
- Continued representation includes lot sales contracts, development matters and CDD bond issuance matter
Riverset
Riverset, Garland, Texas
Client: Wilbow Corporation
The Watson Firm’s role:
- Acquisition of 111 acres in 2018
- 380 Agreement
- Development and sales agreements for townhomes and single-family, detached homes
Wildridge
Wildridge, a master-planned community in Oak Point, Denton County, Texas.
Client: Ashlar Development/Castlelake (previously Crescent Communities)
The Watson Firm’s role:
- Acquisition of the project, joint venture documents, builder contracts, development financing, CC&Rs and HOA formation, MUD and PID matters, and corporate matters
- Sale of project by client Crescent Communities to Ashlar Development/Castlelake in 2017. Retained by Ashlar/Castlelake to continue representation
Willowsford
Willowsford, a master-planned community in Northern Virginia
Client: Rockpoint
The Watson Firm’s role:
- Acquisition of the original land
- Creation of legal structure and documentation
- Sale to NVR, creation of legal structure and documentation
Multi-Family & Condominium Projects
Arlington Commons
Arlington Commons, a multifamily development located in Arlington, Texas, that is planned to include approximately 1,600 units in four phases.
Client: The Nehemiah Company
The Watson Firm’s role:
- Initial acquisition of project (three separate, existing apartment complexes)
- Negotiation and formation of joint ventures to own and develop the separate phases of the project
- Debt finance, negotiate loan documents
- GC Agreements, architects agreements, miscellaneous construction and development agreements
- Sale of Phase One (365 units) to the Praedium Group in 2018
The Harland West Hollywood
The Harland West Hollywood, condominium project located in West Hollywood, California, containing 49 luxury residences.
Client: Westbrook Partners
The Watson Firm’s role:
- Prepare and negotiate contracts with architect and other design professionals
- Sales and marketing agreements
- Other development matters
950 Gough
950 Gough, condominium project located in San Francisco, California, containing 95 luxury residences.
Client: Westbrook Partners
The Watson Firm’s role:
- Prepare and negotiate contracts with architect and other design professional
- Construction-related agreements and sales and marketing agreements
- Other development matters
Miscellaneous
Recreational Vehicle and Manufactured Home communities, in acquisitions and various legal documents including CCRs
Rolling V
Rolling V, an approximately 3,441 acre parcel in Wise County, Texas
Client: Threshold Development
Watson Firm’s Role:
- Project level representation
- Sale of the land to major residential developer
Multi-Project Sales
Representation of Crescent Communities, in sale of three master-planned communities located in the DFW, Austin and Houston markets
Representation of Castlelake in the sale of multiple master planned communities to a large private equity group.
Builders
Representation of Toll Brothers, in development-related matters in Texas
Technology Companies
Representation of OpenDoor, in Texas broker operations, sales documentation, operational matters and debt financing