Dallas-based apartment builder Tramell Crow Residential has announced plans for Phase II of its rental community currently under construction in Frisco. This portion of the project is a $53 million development consisting of 82 two- and three-story townhomes.
The townhomes were designed by Hensley Lakin Rachel Inc. and will break ground in November, with an expected completion date in the summer of 2024.
The $118 million first phase of the project includes 12 three-story apartment buildings, totaling more than 500 rental units, which were designed by the same architectural firm.
The two phases of the development will sit on 100 acres near the intersection of Coit Road and Eldorado Parkway, on land that was formerly part of the legacy Brinkmann Ranch, known for breeding and training show horses and race horses. The ranch was also used occasionally as an “on-location” set for filming the Dallas television series in the 1970s.
In 2020, the Plano-based firm Landon Development purchased 637 of the 5,500-acre ranch for a $1 billion mixed-use development, including stores, houses, and luxury apartments.
Landon Development subsequently sold 100 acres to Crow Residential to build the apartments. The Crow Residential property is zoned to accommodate 2,300 rental units.
