American Newland Communities and North America Sekisui House LLC recently announced a development that will bring 1,800 homes and 1,400 apartments as well as office and retail space to Frisco. The Dallas Morning News staffer Steve Brown reports on the new development, on which the owners want to break ground this year with the intention of having the first single-family community ready by 2017.
Newland Senior Vice President Brian Cramer said thhat homes in the first phase of the development will have prices from above $400,000 to over $600,000. More affordable options could be available in the future:
But Newland also plans some more affordable housing in the Frisco project.
“We are trying to capture a lot of different housing segments,” Cramer said. “We want some town homes and smaller product starting in the high $200,000s hopefully.”