#358 - Phillip Huffines - Co-Founder @ Huffines Communities - The Art Of Building Award-Winning Master Planned Communities
Description
Continuing a practice of three generations of business and community work in the Dallas area, Phillip and his twin brother, Co-Owner Donald, have developed their Land Development and Land Investing legacy by creating superior master-planned communities and multifamily community living styles. The firm has developed over 15,000 single-family homesites, and 2,800 multifamily units in the DFW metroplex, and invested in thousands of acres of land. The Huffines name has become widely esteemed within the industry and the State of Texas. Huffines Communities has assembled over 100 limited partnerships, created hundreds of jobs in North Texas, and generated billions in asset values. In 2021 alone, Huffines Communities invested over $120 MM in land.
We discuss:
- How Huffines creates incredible Master Plan communities
- City/state incentives
- Design, architecture, and amenity strategies after 30 years of building communities
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Links
Topics
(00:00:00 ) - Intro
(00:04:10 ) - Getting kicked out of military school
(00:08:47 ) - Master Plan communities
(00:16:00 ) - Phillip’s secret sauce
(00:20:11 ) - Finding a site for a community
(00:24:24 ) - State and city incentives
(00:29:47 ) - Establishing school districts
(00:34:03 ) - Experiences during the GFC
(00:36:28 ) - Entitlements
(00:39:50 ) - Entrance design & amenities
(00:43:13 ) - Community events
(00:45:51 ) - Planning
(00:53:52 ) - Thoughts on the market
(00:57:20 ) - Home builders and the DFW market
(01:02:19 ) - Nearly going bankrupt in the 80’s
(01:07:53 ) - Does anything concern you in the macro right now?
(01:11:10 ) - The importance of profit
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