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Developer details 325-acre 'Greenbelt' plan including 300-unit Freestone apartments, retail and disc-golf park
Summary
A Wildcatter representative told Greenville council the Greenbelt master plan covers 325 acres and includes the $65 million Freestone 300-unit apartment complex, retail along I‑30, a disc-golf park and infrastructure work; the firm said a conference center remains feasible on McCaslin's 2020 estimates but faces financing headwinds.
A representative of the Wildcatter development team updated Greenville City Council on the 325-acre Greenbelt master plan, describing a mix of residential, commercial and recreational projects anchored along Interstate 30 and Wesley Street. The presenter said the Freestone apartment complex — a 300-unit, three-story Class A market-rate project — will open units in June and that its clubhouse was due to open in mid-March.
The presenter summarized infrastructure completed and planned: a water line along FM 1570 connecting to Coyote Crossing, an off-site sewer tie, the construction of Traders Road Phase 1 and plans for Phase 2, and a disc-golf park within a floodplain that has delayed some work after heavy rain. "We started in January 2020," the Wildcatter presenter said, referring to the Greenbelt effort and earlier site work. He also said a 37,500-square-foot retail project is about half pre-leased across three buildings and that senior-living developer Thrive has a predevelopment agreement for an approximately 120-unit facility (about 60 independent, 40 assisted and 20 memory-care units).
City council members asked for market verification for an on-site conference center, noting the presenter cited a 2020 McCaslin feasibility study that projected 817 events per year. The presenter said the 817 figure is annual and that he had asked for an updated study in 2025 that could show stronger demand. Council members also questioned how recent rain and floodplain constraints affect the disc-golf site and infrastructure timelines; the presenter said heavy rainfall has made equipment access more difficult but that contractors were progressing when conditions allowed.
