Woodbine Development Corp. and The Estate of Bert Fields Jr. have teamed up on the early planning phase of a new 2,800-acre master-planned community in Frisco, according to the Dallas Business Journal.

When Fields – a prominent oil man and banker – died in 2015, he left more than 7,000 acres in Collin County and Denton County with a value estimated in the millions.

Woodbine developed Dallas’ Reunion Tower and Hunt Oil Company’s corporate headquarters as well as numerous large-scale projects nationwide. While Woodbine confirmed the deal with The Estate of Bert Fields Jr. to the Dallas Business Journal, company officials declined to reveal any specifics of the proposed Frisco development.

"Woodbine has been hired as a consultant to help the family explore a potential master plan for the project with the intent of continuing the ranching operations as long as feasible," Dupree Scovell, the firm's managing partner and chief investment officer, told the journal.