Photo courtesy Craig Ranch

Photo courtesy Craig Ranch

Developer David Craig was in the right place at the right time when he bought the first tracts of land for Craig Ranch 15 years ago, north of State Highway 121 in McKinney.

With northward expansion of the population and careful planning by Craig for the mixed-use development, the 2,200-acre planned community has been hugely successful, with 2,359 houses, more than 1,000 apartment homes, retail, and commercial space. It is one of the largest developments in Collin County and more than 9,000 people call Craig Ranch home; in January, it enters the final phases of residential build-out.

For Craig, that means plans to build a final 1,434 houses and more than 3,000 apartment homes over the next 28 months. Builders will be Ashton Woods Homes, Beazer Homes, Darling Homes, David Weekley Homes, Landon Homes, and Megatel, with houses ranging in price from $300,000 to more than $600,000. Craig’s partner in the development is VanTrust Real Estate.

“This final phase of residential construction in Craig Ranch is timed perfectly with the strong housing demand in the area,” David Craig, founder and developer of Craig Ranch, told GlobeSt.com. “We expect to have 20,000 residents when this next generation of homes is complete in about five years.” Jump to read more!

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An artist rendering of the Town Center of Frisco Station. Photo courtesy of city of Frisco.

An artist rendering of the Town Center of Frisco Station. Photo courtesy of city of Frisco.

More big news for Frisco as the Rudman Partnership, Hillwood Properties, and VanTrust Real Estate sign on the dotted line for the development partnership of Frisco Station, a $1.7 billion deal.

This 242-acre mixed-use development will be located along the Dallas North Tollway, north of Warren Parkway. It will surround the Star, the headquarters and training facilities for the Dallas Cowboys.

The development package outlines plans for 4 million square feet of office space, 2,400 multifamily residences, restaurants, entertainment venues, medical and wellness facilities, industrial space, and public parks and open spaces. The initial phase of development is expected to start in 2015. (more…)