News Summary
A $500 million mixed-use development known as The Station is set to transform Sachse, Texas. Spanning 134 acres, it will feature residential units, retail spaces, a large park, and new dining options. The project aims to create a vibrant community hub as existing buildings attract future inhabitants and businesses, enhancing the landscape of northeast Collin County.
Texas
The Station, a $500 million mixed-use development in Sachse, Texas, is nearing completion and promises to transform the area. Spanning 134 acres along the President George Bush Turnpike, this expansive community offers a blend of residential, retail, and recreational spaces.
Developed by PMB Capital Investments LLC, The Station has already made significant strides in bringing residents and businesses together. Currently, 90% of the multifamily units have been leased, while 275 single-family homes have been constructed and occupied. Renowned builders K. Hovnanian Homes and Ashton Woods are behind the quality homes within this vibrant community.
Commercial and Recreational Spaces
In addition to residential offerings, The Station includes 35,000 square feet of retail space, attracting popular tenants such as The Brass Tap, Manny’s Tex-Mex, Pho Station, Cold Stone Creamery, and Cane Rosso Pizza. An additional 2,500 square feet of restaurant space is available for leasing, along with designated areas for future corporate offices. Upcoming establishments such as Starbucks, Chipotle, and 7-Eleven are expected to open by early 2025, further diversifying dining options in the area.
One of the notable highlights of The Station is the recently renovated Heritage Park, which opened in October at a cost of $10 million. This recreational area boasts an amphitheater overlooking a water feature, steam engine train, a water tower slide, splash pad, and train track-themed paths. Prior to construction, approximately 60% of the park’s land had remained unused. The development of the park faced challenges due to supply chain issues but ultimately adds significant value to the community.
Future Development Plans
PMB Capital Investments constructed the residential portion first in order to establish a stable customer base for attracting long-term retail users. With expectations to complete the remaining sections of The Station within the next two to three years, the total project is projected to feature approximately 400,000 square feet of commercial and retail amenities.
Efforts to enhance the area’s infrastructure have required significant initial investments. In addition to the park, public infrastructure improvements are vital to accommodate the growing population and increasing demand for mixed-use developments in Collin County. As the county’s population is anticipated to double by 2060, these community projects are essential in meeting future needs.
Community Engagement
To attract visitors and strengthen community ties, various events are being programmed throughout the year at Heritage Park. These activities aim to draw thousands of new visitors to the area, fostering a sense of community and engagement among residents and newcomers alike.
Conclusion
As The Station approaches completion, it exemplifies a modern approach to mixed-use living, combining residential comfort with ample retail and recreational opportunities. The ongoing development reflects both an investment in infrastructure and a response to the burgeoning population in one of Texas’s fastest-growing counties.
Deeper Dive: News & Info About This Topic
- WFAA: Mixed-Use Project The Station Comes Alive
- Local Profile: $500 Million Development in Collin County
- Chronicle: Dr. Phil’s Merit Street Network
- Wikipedia: Cities of Texas
- Encyclopedia Britannica: Texas
Author: STAFF HERE GEORGETOWN
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