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Arizona developer breaks ground on rental project in McKinney community

​​​​​McKINNEY – A single-family rental project has broken ground in the 1,100-acre Painted Tree development near US 380.

The 46-acre Cyrene at Painted Tree will include 300 three- to four-bedroom single-family homes with two-car garages and private backyards.

Arizona-based developer Curve Development plans to start leasing later this year.

The Painted Tree community ranked third in DFW home sales for 2023 with 448 homes sold.