“PRINCETON, TX—Princeton’s population has nearly doubled in the last years, resulting in significant single-family residential development. This residential demand is due to its location on US Highway 380, its close proximity to the US Highway 75 corridor and its commuting proximity to notable DFW employers. Additionally, residential lot sales in Princeton have increased more than 30% in the last year.
To remedy some of that immense demand, a new development, Princeton Crossroads, will be one of the largest mixed-use projects in Collin County at 297 acres. It will include the new Princeton City Hall, a retail center, a multifamily project, 333 single-family homes, 166 townhomes and a city park. The site for this project is the largest undeveloped commercial tract in Princeton on the north and south sides of US Highway 380.”
Tim’s must reads:
Collin Co. 300-Acre Site to be Among Largest Mixed-Use Projects
Willis Towers Watson consolidation will bring hundreds of workers to downtown Dallas
Check out Starbucks’ new bakery café concept
Californians are home shopping in Dallas, Austin and Houston by the thousands
Local:
5-Mile Retail Radius Captures 2 Million Shoppers
Academy, Burlington, Five Below open in new East Dallas shopping center
Grand hotel and condo tower in the works for Turtle Creek site near Uptown
Inn crowd: How empty Dallas apartments are being revived as new hotel brands
Finegolds move their Dallas boutique KidBiz TheBiz to Inwood Village, bucking retail trends
Macy’s stores in Dallas, Frisco among first in U.S. to undergo makeovers
Deal to restart Frisco’s $2 billion Wade Park project is close, developer says
National:
Famous Footwear parent in $360 million brand acquisition
Dental concept expanding its retail format
Search for Amazon HQ2 Sparks Real- Estate Speculation
Sprouts Farmers Market to open 30 new stores
The Warby Parker of strollers is here
The US’s biggest mall operator says the mall of the future ‘doesn’t need department stores’ (SPG)
Brandless takes its no-frills grocery and beauty concept to brick-and-mortar
Check out my featured listing this week in Tarrant County!
What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.
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Tim Lepore 