What’s Developing: New Properties Coming Up in Roanoke, Melissa, Arlington, Richardson

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Magnolia Property Company is behind a residential retail development in Roanoke (Facebook.com/CityofRoanokeTX)

For good reason, Roanoke bills itself as The Unique Dining Capital of Texas. Drive through downtown and the aroma of restaurants, including the first Babe’s Chicken Dinner House, will make anyone salivate.

Just upwind on Oak Street, a new mixed-use residential and retail development is underway. This spring, if the weather cooperates, Roanoke will be unveiling its latest residential development called Magnolia Oak Street Apartments.

Developed by Dallas-based Magnolia Property Company, Magnolia is scheduled to open in the spring at 601 N. Oaks St., north of the downtown dining cluster. The 87,000-square-foot project will have 78 urban residential units and 16 live-work units.

Magnolia Oak Street Apartments is scheduled to open in the spring (ForRent.com)

“I think that’s one of the things that really makes it unique is these live-work units,” City Manager Scott Campbell told Community Impact Newspapers. “You’ll have high-quality residential living, retail, and then the live-work units on the bottom floor.”

Magnolia Property Company has developed properties throughout the Dallas-Fort Worth area, the Austin area, and Houston.

The Roanoke property, which was approved in June 2019, is estimated to be valued at $6 million once completed.

Perhaps the greatest value: The aroma of downtown restaurants wafting northward.

The Quarry at Stonebridge (Meritage Homes)

Melissa

The Quarry at Stonebridge opened this month with 120 home sites designed to appeal to first-time buyers. The development is within the Melissa ISD, north of McKinney on U.S. 75 and on the west side of the highway. The development is near the Oak Hollow golf course.

Homes are priced from the low $280,000s. Meritage Homes is offering seven floor plans with single- and two-story designs that range from 2,059- to 3,100 square feet.

Meritage’s entry-level line features home automation, kitchen islands, granite countertops, upgraded cabinets, laundry rooms, and appliances.

A model home is available at 1913 Canyon Lane. Learn more.

Debbie Lane Flats (ProvidentRealty.net)

Arlington/Mansfield Region

The South Arlington/Mansfield region continues its growth with the addition of the 331-unit Debbie Lane Flats, a multifamily rental development.

Debbie Lane Flats will consist of 232 one-bedroom, 81 two-bedroom, and 18 three-bedroom units with the average unit size to be 896 square feet. The 17-acre development will include a community center with fitness center and swimming pool and a dog park.

Also, the development, which is at the intersection of Debbie Lane and State Highway 360, is within the boundaries of Mansfield ISD. Provident Realty Advisors is building the development, which is projected to be completed later this year. Learn more.

The Crossings at Greenville (SereneGlobal.com)

Richardson

Do you like rooftop terraces? The Crossings at Greenville subdivision will offer townhomes with rooftop terrace options at 302 Centennial Blvd.

The development is comprised of 79 townhomes with two- or three-bedroom designs that range in size from 1,900 to 2,900 square feet. The townhomes start at $385,000.

The Serene Global development is scheduled to be completed by spring 2022. Learn more.

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1 Comments

  1. sherry mccullouch on August 9, 2021 at 3:30 pm

    Tommy,
    I just found your site, this is great. I am the business development manager for Carleton Companies and we’re always on the look out for new properties to manage.

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