Plano City Council approved the development agreement for a $70 million apartment project in Plano

Plano, Texas – In an intricate interplay of public and private sectors, the architects behind The Link—a colossal, $1 billion mixed-use endeavor situated adjacent to the PGA of America Headquarters in Frisco—have unveiled intricate plans for a forthcoming residential community in West Plano.

The project is called Haggard Farms

The project in question, Haggard Farms, sprawls across a sizable 142-acre parcel, strategically positioned on Spring Creek Parkway. This location forms an auspicious bridge between Plano’s bustling Legacy Business Park and its tranquil residential areas, and lies just to the east of the vital arterial route, Dallas North Tollway.

This expansive tract holds historical significance as one of the few extant agricultural parcels once under the ownership of the pioneering Haggard family. Last December, the municipal authorities in Plano greenlighted the Haggard family’s proposal to develop this substantial swath of land, situated conveniently at the intersection of Parkwood Boulevard and Spring Creek Parkway. The approval came to public light through a report by Community Impact.

Plano City Council approved the Haggard Farms late August

A recent convocation of the Plano City Council on August 28, 2023, marked another milestone. The council members unanimously ratified a development accord for a substantial $70 million, four-story residential complex encompassing an expansive 569,000 square feet.

This pivotal decision now paves the way for the collaborative venture between Haggard Enterprises Ltd. and Dallas-based developer Stillwater Capital to commence the inaugural phase of construction. This ambitious undertaking is slated to break ground in October 2023, heralding a new chapter in the ever-evolving landscape of West Plano.

With roots that extend back to the era preceding the Civil War, the Haggard family stands as one of Collin County’s most venerable dynasties. Their influence over Plano is indelible, evidenced not only through place names such as Haggard Farm, Haggard Middle School, and Haggard Park, but also through their historical landownership.

At its zenith, the family’s dominion spanned thousands of acres, stretching from the thoroughfares of U.S. Highway 75 to the tollway corridor. In a nod to their lasting impact, a 2021 study conducted by OnDeck acknowledged Haggard Farms as one of the oldest extant businesses in the United States.

A report published in The Dallas Morning News elucidates that Haggard Enterprises Ltd., in conjunction with Dallas-based Stillwater Capital, is poised to commence construction on an ambitious residential edifice—a $70 million endeavor that will rise to four stories and envelop an imposing 569,000 square feet. The project, with a tentative inauguration slated for the latter part of 2025, aims to accommodate 700 residential units and will feature an amalgamation of conveniences, including a four-level concrete parking structure and a panoply of indoor and outdoor amenities.

In an additional layer of enterprise, Stillwater Capital has also laid preliminary groundwork for the inaugural phase of a mixed-use development. Planning documents filed with state authorities in June delineate the specifications for the “Haggard Farm Tillage Offices,” a $20 million commercial construct that encompasses a 189,000-square-foot office building and parking facility.

Expected to unfurl its doors in late 2024, this three-story commercial hub represents another keystone in the multifaceted, ongoing development narrative that continues to redefine Plano’s architectural and cultural landscape.

Upcoming apartment projects in North Texas

Earlier this month, we reported about another apartment project in Fort Worth. D.R. Horton and LJA Engineering are set to develop 1,200 homes in 430 acres project in Fort Worth.