Collin Local

Grandscape

The Colony, Texas is becoming the entertainment center of North Dallas. With Highway 121 running through the city, it is easily accessible for the hundreds of thousands of visitors and residents from Grapevine to McKinney. Instead of seeing shiny new office buildings along 121 like in Frisco and Plano, you’re more likely to see the water slides of Hawaiian Falls or the nets of Topgolf in The Colony. 

The Colony has quickly hopped on the new development train by creating live-work-play communities. Warren Buffet’s Grandscape, currently known for mega-store Nebraska Furniture Mart, is no different. There are future plans for luxury apartments, boutique restaurants, and attractions such as Andretti Indoor Karting and Galaxy Theatres over the next two years.

Lava Cantina

Lava Cantina is the first of its type in The Colony-Frisco-Plano area doubling as a restaurant and major concert venue. It has proven successful attracting many visitors daily and having a full schedule of performers setting the standard high for new restaurants and event centers coming to Grandscape. 

Founder’s Hall Amenity Center

The Canals at Grand Park is one of West Frisco’s most desirable, and inclusive master-planned communities. Construction began in 2015 featuring builders CB JENI, Cambridge, Darling, Drees, and Southgate Homes. With this wide selection of builders, buyers have the choice of low maintenance townhomes to luxury estates that even have casitas. The Canals also features apartment living at The Kathryn at Grand Park and senior living at the Watermere. 

Upon entering from Legacy Drive, the canals guide you through the neighborhood’s immaculate landscaping ending at one of the many parks or Founder’s Hall. Founder’s Hall is the heart of the neighborhood featuring a theatre, The Grove outdoor lounge area with fire pits, two over-sized pools, and Athletic Club fitness center just to name a few amenities. If residents aren’t relaxing pool-side, you’ll definitely find them walking around the neighborhood or relaxing at the park.

The Kimberly Davis Group is proud to list 4293 Harvest Lane in The Canals at Grand Park. This Cambridge Home is on a premium corner lot and features upgrades like custom cabinetry, coffered ceilings, and authentic hardwood flooring. This buyer will have the advantage of having a practically new home already built and ready to move in. 

LVL 29 (Source: Humphreys & Partners Architects)

There’s no question that West Plano’s Legacy Corridor and West Frisco’s $5 Billion Mile have seen tremendous growth within a three year time period. This growth can be attributed to the relocation of corporate headquarters such as Toyota Motors USA and JPMorgan Chase & Co., a thriving housing market, and highly rated school districts. This growth has also changed the dynamic for North Dallasites attracting many young professionals and families that are leaving the congestion of Dallas for Collin County. 

Legacy West and the $5 Billion Mile are projected to have a combined 25.8 million square feet of office space by 2020, which would surpass Downtown Dallas’ current 23.5 million square feet. Out of the currently constructed and under construction office space, Legacy West and the $5 Billion Mile are expected to gain an employment population increase of 25,500. This population estimate excludes Wade Park, Frisco Station, The Gate, and Baylor Scott & White Sports Therapy and Research Center. That significant jump has also been reflected within the housing market. In the last two years, West Plano (west of Preston Road) has seen 928 home sales with the average home selling for $694,362. During this same time frame, West Frisco (west of Preston Road) has seen 4,057 home sales for an average sale of $488,358. The reason for the nearly 3,200 home sales gap is due to West Plano having very few homes built within the last two years and it being a smaller area than West Frisco.   

Pictured above is Humphreys & Partners Architects’ LVL 29 which is a high-rise  residential development centered in Plano’s Legacy West. This new market for high-rise living in the suburbs could be the final puzzle piece to make West Plano and Frisco the new Uptown of Dallas-Fort Worth. These high-rises will be coming in the form of renter and owner occupied buildings, meaning that it is suitable for those just starting their careers all the way to empty nesters looking to downsize while being in a convenient location.

City Works (Source: City Works Restaurant)