The Colony is a city in Denton County, Texas, United States, and a suburb of Dallas. The population was 36,328 at the 2010 census.
The Colony derives its name from the original Peters Colony. The Peters Colony headquarters was located within the current boundaries of The Colony in the historical community of Stewartsville and the site of the Hedgcoxe War. The Colony is also the site of Bridges Settlement (established during the years of the Republic of Texas and the oldest community in Denton County), Stewarts Creek, Rector, Stoverville and Camey, also known as Camey Spur.
The Colony did not exist before 1973, when home developers Fox and Jacobs (which became part of Centex) purchased 3,000 acres (1,200 ha) located around State Highway 121 and Farm to Market Road 423. The name "The Colony" was chosen by Fox and Jacobs because they wanted its new development to share a sense of kinship with Texas' early history and "to create a living monument to the spirit and courage of the Peters Colonists ... those men and women who braved considerable hardships to begin new lives, in new homes, on new land." They planned the development to be a new "dream city" consisting primarily of single-family homes grouped as a "colony" and based on the city of Dallas' infrastructure specifications. In 1973, Fox and Jacobs negotiated an agreement with the city of Frisco to begin construction in its extraterritorial jurisdiction. In 1974, street construction began with many streets being named after early settlers and members of the construction crews. The first model homes were completed in August 1974 and the first families moved into their homes in October that year.