Multifamily Mixed-Use Planned Development, Collin County, TX.

American Midrise Partners and Waypoint Land and Capital have acquired and entered into a partnership agreement to fully develop and build the remaining 16.5 acres of freeway frontage, phase I of a larger 87 acre+ master-planned development in Collin county, Texas.  The development will anchor an even larger $1.2B, planned development incorporating a golf-based community incorporating a medical mixed-use PD, restaurants, shopping, and service-oriented retail.  This 16.5 acre project features a luxury 326-unit, 4-story multifamily mixed-use community, over 50,000 square feet of separate retail space, and a 112 room hotel with conference center to service growth near the US I-75 expansion corridor.  The estimated $92M construction project includes major infrastructure requirements and over 400,000 Square Feet of total lease space.

Additional agreements include an executed 380 agreement with preferred zoning, special TXDOT access agreements, road and utility agreement, and additional soils grant totaling over $12M in construction and development cost abatement. For information, email info@ampbuilds.com.