-+ 0.00%
-+ 0.00%
-+ 0.00%
Developer Eyeing 143-Acre “Italian Village” in Prosper
Share
Listen to the news

BlackStone Communities is prodding the town of Prosper to adopt its plans to recreate an Italian Village.

The Marco, a proposed 143-acre mixed-use development, is slated for the northeast corner of the Dallas North Tollway and US 380.

Community Impact reports plans for the development include a public square, retail, single-family and multifamily housing, a performing arts venue and a hotel, all centered around a lagoon with canals big enough to navigate by boat. Marco’s defining feature is its lagoon and canals, which span over 15 acres.

The Marco features a mix of housing options with the total number of residential units capped at 4,400. They include:

  • Mid-rise apartments: maximum 2,500 units
  • High-rise residential (condominiums or apartments): maximum 400 units
  • Retirement community: maximum 500 units

The Marco also includes a significant office, commercial and entertainment component. In addition to office condos for smaller companies, conceptual plans for The Marco show two larger campuses with separate parking designated for corporate headquarters.

The post Developer Eyeing 143-Acre “Italian Village” in Prosper appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending