May 19, 2024

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Business is my step

Plano residences sell in $300 million combined-use growth

1 min read

An apartment local community in one of Plano’s most successful mixed-use developments has transformed fingers.

A unit of California-dependent Fairfield Household has procured the Alexan Legacy Central apartments on U.S. Freeway 75.

The rental neighborhood is element of the $300 million Legacy Central workplace, retail and household complicated at the southwest corner of Legacy Generate and North Central Expressway.

Built by Trammell Crow Residential, the 385-device apartment property was finished early this year.

The 5-story rental project was built by JHP Architecture.

The new proprietor has renamed the residence Jada Legacy Central. Rents in the home get started at extra than $1,100 a thirty day period.

The acquisition is San Diego-based Fairfield Residential’s second recent invest in in Plano.

The developer and trader just obtained the 320-unit Huntington residences on Rasor Boulevard in close proximity to Preston Highway.

Fairfield Residential is a big proprietor and builder of residences in North Texas and nationwide.

The Alexan Legacy Central is element of the 84-acre Legacy Central campus which was produced by Los Angeles-based Regent Properties.

In 2016, Regent Properties bought the former Texas Instruments campus on U.S. 75 and has redeveloped the current professional buildings as corporate offices for Samsung, Peloton and other organizations.

Regent Properties offered the condominium internet sites to Crow Household for its initiatives.

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