About Us

Watermere at Southlake began as a simple idea—provide the same superior quality and value in an age-qualified active adult community that the residents enjoy in their current homes—along with the services and amenities that mark a community as exceptional.

The Texas-based developers of Watermere are dedicated to providing quality housing for the 55+ demographic in a secure, low maintenance, inviting environment. We seek to maintain the highest possible level of customer satisfaction by providing our residents with safe, comfortable residences built to superior construction standards.


Developers of Luxury Retirement Community at 'The Residences' on Watermere Drive Southlake


Richard E. Simmons, Craig W. Spaulding, J. Scott Simmons 

WATERMERE is the result of a vision by Texas-based developers for creating extremely high quality, resort-style active adult communities in major metropolitan areas of Texas. These communities emphasize extensive services, cutting-edge amenities, security and an active lifestyle for all residents. Homes will be delivered at unmatched levels of attention to detail and construction integrity.

The Watermere Development Team
Richard E. Simmons

Richard Simmons has been building and developing real estate for the past 20 years throughout the United States, with an emphasis on single and multi-family developments. In addition to a luxury homebuilding company begun in 1990, Richard established a multi-family development, construction and management company in 1995 and in the past 11 years has developed over 9,000 units across the southwest United States. These projects varied in design and incorporated low-income housing, senior housing, and high-end single-family and active-adult products. As a University of Arkansas graduate in civil engineering, Richard is responsible for development, architecture and construction management for Watermere.

Craig W. Spaulding

Craig Spaulding has been in the real estate development business for the past 20 years and as a former vice president with The Prudential Realty Group in their Houston, Dallas and Miami offices, he has been involved in developing office, hotel and industrial properties, as well as being responsible for a $600 million investment portfolio. In 1994, Craig founded South Bay Partners, Ltd. (SBP), a real estate development company that specializes in the field of housing and specialty care centers for senior citizens. With extensive operational and lending relationships, SBP has completed 45 projects totaling over 6000 units in all regions of the United States. As a University of Houston graduate in business and accounting, Craig is responsible for finance, development and operations at Watermere.

J. Scott Simmons

Scott Simmons has been in the architectural design and construction management business for the past 20 years where he has worked for HKS Architects in Dallas, one of the leading architectural firms in the US, as well as Trammell Crow Company and David Weekly Homes, where he became the Area Manager specializing in residential home design and building. In 1991, Scott established his own luxury homebuilding company in the Southlake, Colleyville and Grapevine areas. In the past 15 years, he has won several NAHB awards, seen his business expand throughout the DFW metroplex and built a strong reputation in the homebuilding field as an industry leader dedicated to quality construction, innovative design and superior customer satisfaction. As a graduate of the University of Arkansas in architecture, Scott is responsible for the daily construction management of Watermere.

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251 Watermere Drive Southlake, TX 76092