Wedoany.com Report-May 1, Kent Farms Holding, Preston Hollow Community Capital, and homebuilder D R Horton have entered into an agreement to construct 45 townhomes in Virginia, U.S., at The Arbors within the Farms of New Kent community. Site development is expected to begin soon, pending final permitting approvals.

Sales for these townhomes are anticipated to begin in the fourth quarter of 2026.

The Farms of New Kent, spanning approximately 2,113 acres, is strategically located near major interstates, offering convenient access to Richmond and Colonial Williamsburg. This mixed-use development features a variety of residential options, commercial spaces, and recreational amenities, including a vineyard and winery, a country inn, and an 18-hole golf course.

D R Horton will construct the townhomes with modern designs, offering floor plans with three to four bedrooms, two to three bathrooms, and living spaces ranging from 1,600 to 2,100 square feet. Sales are projected to start in the fourth quarter of 2026.

Brian Rowe, Vice President of D R Horton’s Southern Virginia division, stated: “Situated in the heart of the Farms of New Kent community with close proximity to the emerging commercial areas under construction and access to the amenities at The Arbors, this new residential offering provides a rare opportunity for buyers seeking new construction, modern layouts, and convenient, low-maintenance living.”

Ramiro Albarran, co-head of Originations at Preston Hollow Community Capital, commented: “We are thrilled to expand upon our relationship with Brian Rowe and D.R. Horton. Brian and his team continue to meet and exceed our expectations as a true strategic partner in New Kent. D R Horton has been a terrific homebuilder at The Arbors, playing a key role in transforming the neighbourhood into one of the region’s top-selling communities.”

The project addresses growing housing demand in New Kent County, driven by strong job growth. Albarran added: “This sale represents an important step in addressing the area’s housing needs, driven by strong job growth in New Kent County. We remain committed to supporting the county’s efforts and are exploring the potential for substantially increased residential offerings in Land Bay IV of the Farms of New Kent project to meet the growing demand.”

The development enhances the Farms of New Kent’s appeal as a vibrant community, combining modern housing with accessible amenities and commercial opportunities. The partnership between Kent Farms Holding, Preston Hollow Community Capital, and D R Horton reflects a commitment to meeting regional housing needs while fostering sustainable growth in the area.