Dallas Area Ready for More Greenfield Developments
"Frisco city planners have approved proposals for a large new residential community and a shopping center on part of the Brinkmann Ranch," reports Steve Brown. The 3,500-acre Brinkmann Ranch "is one of the largest undeveloped areas in Frisco" and a highly sought-after prize for developers. "Designs just approved by Frisco’s planning and zoning commission call for construction of about 500 houses and a shopping center at the northwest corner of Main and Independence," according to Brown. The article includes a plan view for the master plan.
In a separate article, Brown also reports on a $1 billion development on property located off the LBJ Freeway in Farmers Branch, located between Dallas and Frisco. "The vacant tract – which surrounds a small lake – will be used for construction of a single-family home community, apartments, retail and commercial space," according to Brown. "About 3,500 apartments, 800 homes and a 48-acre office campus are also part of the plans," although Brown quotes Mehrdad Moayedi, CEO of Centurion American, the developer of the project, saying that the development will likely be downzoned "to get rid of some of the apartment zoning…"