C
onstruction is underway at The Preserve, a 267-acre gated community in North Frisco featuring multimillion-dollar homes. Developer Fehmi Karahan and Frisco officials recently toured the site, which will include 233 custom homes by top builders, PGA golf courses, trails, and a private club. Prices start at $3.5 million, with the first residents expected to move in by spring.
The Dallas City Council approved a $14.5 million incentive for the Palladium Buckner Station project, a mixed-income development near DART's Buckner Station. The estimated $107.1 million project will add 304 apartments, with 80% being income-restricted and leased to households earning at or below 60% of the area's median family income.
AT&T is relocating one of its call centers to Richardson, where Provident Realty Advisors is working on a building modernization grant and permit fee waivers. ONM Living will start construction on two build-to-rent communities in Anna and Providence Village, with a total capital investment of $100 million.
Cambridge Holdings Inc. broke ground on the Frisco Station Medical Office Building, an 85,800-square-foot specialized building that will be part of the Health and Wellness District. HighPark Capital has started construction on a 242-unit luxury apartment development in Denton, which is expected to be completed by early 2027.
Kobalt Investment Company and The Retail Connection acquired Sherman Commons, a 275,477-square-foot shopping center in Sherman, while Scott Felder Homes acquired Olivia Clarke Homes. ACIS relocated its headquarters to Allen's 121 Tech Park, signing a 12-year lease for a 33,000-square-foot space.
Real estate developer KDC broke ground on a $10 million headquarters and training academy for Hugs Café in McKinney, which is expected to open by summer 2026. ProSource Industries leased a 104,000-square-foot facility in Grand Prairie, while Brewer, Attorneys & Counselors is looking for a new headquarters to expand its operations.
Stockdale Capital Partners purchased West Plano Medical Village, a 49,228-square-foot class A outpatient facility in Plano, which is 100% leased.
