Plano Homes : Blue Star Land buys almost 1,000 acres along Dallas North Tollway
Planning is underway for a 1,000 mixed used development located mostly on the west side of the North Dallas Tollway in Denton and Collin counties. The land has been purchased through multiple sales by Blue Star Land, the development company owned by Dallas Cowboys owner Jerry Jones.
The planning of this development comes just as the local housing market is starting to show strong signs of a steady rebound in 2012. “We are going to master-plan the property and do a great new community there,” said Blue Star general manager Joe Hickman. “On the tollway frontage, we will do some commercial and mixed-use development, with residential west of that.
“It would be the first major residential development of this kind in Prosper,” Hickman said.
This will be the third master planned community Blue Star has developed in North Texas. The first two being Starwood in Frisco and StarCreek in Allen. Blue Star is counting on the pent-up demands of home builders to help fill the lots as they become available.
Source: Dallas Morning News