What’s Developing: Build-to-Rent in Justin, 23Springs in Uptown, Multifamily in Frisco

Hines Brings Build-to-Rent Homes to Justin’s Wildflower Ranch

Hines is bringing more rental options to fast-growing Justin with a new build-to-rent neighborhood inside the Wildflower Ranch master-planned community.

The global real estate developer based in Houston has wrapped up construction on Meadowlark at Wildflower Ranch, a 129-home community of single-family rentals within the 1,100-acre development.

The homes, built by William Ryan Homes, range from 1,600 to 2,000 square feet with three-bedroom floorplans. Rents start at about $2,595 a month. Each residence includes a private yard, driveway, and two-car garage wired with an EV-ready outlet. Smart home features are built in, and residents can manage their homes through a Rently-integrated app.

As part of Wildflower Ranch, tenants have access to community amenities owned by Starwood Land. That means a lazy river, more than four miles of trails, a dog park, playground, community pavilion, and event lawn.

The first 30 homes are expected to deliver in August 2025, with full buildout slated for the second quarter of 2026.

The build-to-rent market for single-family homes in the Southwest, particularly, is booming, a recent Point2Homes study found. Dallas is the number two metro with the highest number of build-to-rent units in the works.

In pre-pandemic times, build-to-rent homes made up a tiny fraction of the housing market, but as mortgage rates and home prices increased, so did the popularity of long-term rentals, Realtor.com reported. “Young adults, especially millennials and Gen Z, many of whom have not amassed enough funds to afford a mortgage, have been flocking to built-to-rent communities, attracted by the new construction, spacious living quarters, and high-end finishes, as well as an array of desirable amenities from pools to fitness centers and community gardens.”

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23Springs Tower Opens in Uptown

Granite Properties and Highwoods Properties have opened 23Springs, a new mixed-use project at Maple Avenue and Cedar Springs Road in Uptown. The centerpiece is a 26-story, Class-AA office tower — now the tallest in Uptown — flanked by two restaurant buildings and a half-acre park.

The 641,563-square-foot development is already 63 percent leased, with commercial tenants including Sidley Austin LLP, Savills, and Bank OZK., Connect CRE reports.

Designed by GFF and built by DPR Construction, 23Springs comes loaded with modern amenities: a fitness center, conference space, indoor lounge with golf simulator, and a lobby anchored by what’s billed as the largest interactive video wall in Dallas.

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Mirra by Toll Brothers Joins Remy in Frisco

Toll Brothers Apartment Living, along with Pondmoon Capital, has opened Mirra, a new 285-unit apartment community in Frisco Square. The five-story mid-rise development is located at 8320 Church Street in Frisco.

Mirra offers studio, one-bedroom, and two-bedroom floor plans with features like granite countertops, smart home tech, stainless steel appliances, oversized closets, and private balconies or patios in select units. Apartment homes lease from $1,460 to $3,395 a month.

Amenities include a resort-style pool, two-story fitness center with yoga and Peloton-equipped spin studio, a coworking suite, pet spa, clubroom, game lounge, and reserved garage parking with EV chargers.

Its location in Frisco Square provides walkable access to restaurants, the Frisco Public Library, Toyota Stadium, and the National Soccer Hall of Fame, plus quick connectivity to the Dallas North Tollway, Legacy West, and the PGA of America’s new HQ.

Mirra joins Toll Brothers’ growing multifamily portfolio in Frisco. In November 2024, Toll Brothers opened Remy, a five-story mid-rise at 5775 Blairview, near Frisco Town Center. From leasing availability found online, Remy’s 357 one- and two-bedroom apartment homes have leased well. Studio apartments appear to be coming soon. Leases range from $1,495 to $2,535 a month.