Taylor Morrison's North Texas Build-To-Rent Projects To Proceed Under Yardly Name

Courtesy of Taylor Morrison
Homebuilder Taylor Morrison, which partners with Christopher Todd Communities to build BTR developments, secured land for six new BTR communities in DFW in 2021.

Taylor Morrison is moving forward with plans to bring hundreds of rental homes to North Texas under its new build-to-rent offering, Yardly.

The projects, located in Grand Prairie, Celina, Denton, Melissa, Lavon and Saginaw, originated under a now-defunct partnership with Christopher Todd Communities, a Phoenix-based leader in the BTR space.

A spokesperson for Christopher Todd confirmed to Bisnow earlier this month the firms parted ways after a three-year contract was not renewed. A reason for the termination was not disclosed.

A seventh BTR project, Anna Town Center in Anna, will also be branded under the Yardly name, according to a news release. Each community will include roughly 215 homes.

The $55M Melissa community is scheduled to break ground this month, Jack Rowe, Taylor Morrison's director of land entitlements and development, told Bisnow.

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