SPOTLIGHT ON FRISCO – MORE NEW HOMES ANNOUNCED
A Plano-based real estate investment firm with ties to one of the first founders of Texas — Collin McKinney — has teamed up with a Phoenix-based residential developer to bring a new community to Frisco. The partnership has acquired 51 acres of land at Legacy Drive and Main Street in Frisco to develop a community called Villages at Majestic Gardens. The Villages at Majestic Gardens will be well situated within Frisco Said the developer, "With the high-caliber builders already selected, Suncrest looks forward to participating in the continued growth of Frisco by developing a quality neighborhood that residents will be proud to call home," he said in a prepared statement. The partnership plans on developing more than 250 single-family homes and townhomes, which will be marketed for sale in spring 2017. The homebuilders are M/I Homes Inc. and CalAtlantic Homes. Construction on the home sites are slated to get underway by the end of this month. Plans for the new community include walking trails, a dog park, a children's playground and other green spaces for residents to enjoy.
- Dallas Business Journal, April 5, 2016