Posted May 31, 2016, 10:45 PM
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Join Date: Sep 2011
Location: Dallas
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Developer kicks off second phase of huge Frisco apartment community
Steve Brown
May 31, 2016
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A Dallas developer has broken ground on the second phase of a major Frisco apartment community.
StreetLights Residential started building apartments in 2014 in the 152-acre Canals at Grand Park development on the west side of the Dallas North Tollway.
StreetLights just began leasing the first 365-unit rental community in the project at 4255 Cotton Gin Road.
Now the developer is starting 325 more units in a four-story project called the Maxwell.
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“The growth in and around the Frisco area is incredible with all of the corporate relocations and the new Dallas Cowboys practice facility,” StreetLights CEO Doug Chesnut said in a statement.
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The entire Canals at Grand Park project includes apartments, houses, townhomes and senior townhouses built around a series of landscaped parks and waterways. The development is expected to total $500 million in value when it’s complete.
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Tricon and StreetLights are also partners on the The McKenzie high-rise, which is under construction just east of Highland Park.
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Full Article
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