As part of a residential development it is building in Princeton, Dallas-based Megatel Homes plans to include a lagoon in its larger plans — a resort-style amenity that’s becoming popular at master-planned communities across North Texas.
Construction of the $10 million addition to Sicily at Princeton in Collin County is scheduled to begin in April and take about 10 months, according to a Texas Department of Licensing and Regulation filing.
A Megatel representative had not returned a message seeking comment on the project.
According to its website, Megatel has begun building the homes that start at $375,000 at the Sicily community at FM 75 and CR 464. Floor plans include three to four bedrooms, two to 3.5 baths and two-car garages encompassing 1,674 square feet to 3,405 square feet.
“Owning a home in our master-planned community elevates your daily experience by providing spacious landscaped areas dedicated to fitness, wellness, and relaxation anchored by beautiful views of the lagoon,” the company said on its website.
Megatel has developed similar properties in Dallas, McKinney, Anna and Crandall. Another is planned for Forney.
In January, The Dallas Express reported that AnaCapri, with its resort-style community, is scheduled to host a “soft opening” at 1510 Hackberry Drive in Anna. The lagoon is 2.3 acres, surrounded by 1,200 single-family homes, 600 beach-themed apartments and 40,000 square feet of entertainment space.
The newspaper also reported that Joey Grisham, director of the Anna Economic Development Corporation, said such a development is what the city needs to attract visitors.
“A lot of people have interest because it has entertainment for families — something Anna really doesn’t have right now,” he said at the time.
Dallas, however, has a myriad of problems preventing it from consistently securing resort-style developments. Coupled with the city’s density issue and available land, many developers choose to build elsewhere to avoid Dallas’ contentious and broken building-permit process that City Manager T.C. Broadnax has been unable to resolve despite repeated promises to do so.