Industry News

Homebuilder acquires large parcel in Woodinville

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Thirty-two acres in Woodinville where one home, a barn, and an arena are currently situated, will be redeveloped by homebuilder D.R. Horton.

The parcel, which is near 132nd Ave NE and NE 143rd Place, sold for $19 million. Public records indicate plans for 87 townhomes and seven single family homes.

D.R. Horton is the country’s largest homebuilder. The publicly traded company, which has mortgage, title, and insurance subsidiaries, also ranks as the largest local homebuilder. The Texas-based builder, with offices in Kirkland, built 1,264 single family homes in the Puget Sound region in 2019, according to the Puget Sound Business Journal’s “Book of Lists.”

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