DL Caldwell is always the first through the door every morning to the lender on wages in which he owns Princeton, Texas. At 82, he knows a little what people want.
When Caldwell’s family moved to the city in the 1960s, less than 1,000 people lived there. While farmers have seen fertile land to grow their Cantaloups and onions, Caldwell has seen an opportunity to buy land and open companies.
“I thought it.
But even Caldwell did not see what would happen: rows of houses now fill the old agricultural fields of Princeton, just 30 miles north of Dallas.
In 2020, 17,000 people living in Princeton. It increased to 28,000 in two years, then to 37,000 last year, when he exceeded the list of the census of the fastest cities in the country.
Krystal Alexander, a first owner, is one of the thousands that has just moved.
“It was something I knew I could afford, and the houses were really very beautiful,” said Alexander.
Princeton was not on the list of places where Alexander live, but in a county where the median sale price for a house is nearly $ 475,000, the houses in Princeton sell for around $ 300,000.
But explosive growth has also come with growing pain. The houses went up so quickly, Princeton had to put a temporary stop to the building just to ensure that there were enough sewer pipes, water pipes and roads For the thousands of people who move in.
“We are still about five years old, probably, we must literally understand everything and redo everything because the measures, everything we had in place, cannot manage where we are now,” said Princeton mayor, Eugene Escobar Jr.
13,000 other home units are already approved and are waiting to be built. Meanwhile, new roads are under construction to facilitate congestion. The small town of Princeton, formerly, is expected to reach 100,000 people over the next five years.
