Real Estate
Haggard Farms, a $70.7 million apartment project, is coming to Plano
Haggard Farms is a $70.7 million apartment project. Haggard Enterprises Ltd. and Stillwater Capital are the companies behind the project.
Plano - The team behind The Link, a $1 billion multi-use complex adjacent to PGA of America's headquarters in Frisco, has unveiled plans for a forthcoming apartment complex in West Plano, Metro Dallas News reported.
The development, known as Haggard Farms, spans 142 acres and is situated on Spring Creek Parkway, nestled between Plano's Legacy business district and nearby residential areas. The property is one of the last undeveloped farm tracts formerly owned by the pioneering Haggard family.
In December 2021, Plano city officials greenlit the family's proposal to develop their land at the intersection of Parkwood Boulevard and Spring Creek Parkway. Fast forward to an August 28, 2023 meeting, where the Plano City Council sanctioned a $70 million development contract for a four-story, 569,000-square-foot apartment complex on the site. This paves the way for Haggard Enterprises Ltd. and Dallas-based Stillwater Capital to initiate the first construction phase, scheduled to commence in October 2023.
Find out what's happening in Planofor free with the latest updates from Patch.
The Haggard family, who settled in Plano in 1856, are a cornerstone of Collin County history. Their impact is palpable throughout the city, evident from landmarks like Haggard Farm, Haggard Middle School, and Haggard Park. Once major landowners between U.S. Highway 75 and the tollway corridor, the family's enterprise, Haggard Farms, gained recognition in 2021 as one of the nation's oldest businesses, according to a study by OnDeck.
Scheduled for an October 2023 construction start, Haggard Enterprises Ltd. and Stillwater Capital aim to complete a $70 million, four-story apartment complex by late 2025. As reported by The Dallas Morning News, the project will feature 700 residential units along with a multi-level concrete parking facility and a host of indoor and outdoor amenities.
Find out what's happening in Planofor free with the latest updates from Patch.
Additionally, Stillwater Capital has submitted plans for the first stage of the mixed-use development—a $20 million office building and parking garage known as Haggard Farm Tillage Offices. This three-story, 189,000-square-foot structure is anticipated to open its doors in late 2024, as disclosed by The Dallas Morning News in June.
Credit: Dallas Metro News, Dallas Morning News, Community Impact