Several years ago we told you about the highly-anticipated Canals at Grand Park, which is slated to be one of Frisco’s most premier housing developments. An urban-style mixed-use village that will feature more than 2,000 apartments upon completion, The Canals has seven total phases, the first of which began in April of this year. The phases include the following: urban living, Founders Park Amenity Center, townhomes, single-family homes, senior living, office space, and a second phase of single-family development. The impressive development is one that will keep Frisco on the map as one of the most desirable cities to call home in all of North Texas. The $500 million development is located on Legacy Drive and will include numerous beautifully landscaped parks and waterways, in addition to all the housing. As Frisco’s leading real estate group, our Realtors are here to help you find the home of your dreams in North Texas. We have been keeping a close eye on The Canals development and are your number one resource for any information pertaining to this brand new, modern urban living space.
As mentioned, the urban living phase of The Canals development broke ground at the beginning of April. The updated timeline provided by the City of Frisco shows that the actual building will begin on June 1, 2015. If all goes as planned, these first homes will be ready for move-in sometime between May and November of 2016. This first phase of the development will include 365 apartments by builder, StreetLights Residential, and will feature a combination of flats and townhouse-style rentals.
Also breaking ground on April 1st was the development’s senior living and assisted living facilities. Building for this phase started on May 25th and it is slated to open between March and September of 2016. The Canals’ townhomes and first phase of single-family homes both broke ground and began building in the middle of April. These residential homes will all be ready for occupancy between June, 2015 and September. Builders will also begin construction on the office park this summer, which will include numerous retail and commercial buildings, giving the development an added level of anticipation. According to the City of Frisco, the second phase of single-family home development will begin in September of 2015.
Last but certainly not least, the Founders Park Amenity Center will serve as a hub for a wide range of activities and community gatherings for residents of The Canals and will begin construction on October 1, 2015. It is scheduled to open one year later.
Don’t Miss Your Chance to Call The Canals Home!
When all is said and done, The Canals development will span 275 acres and will boast numerous spectacular homes, residential spaces, businesses, shops, restaurants, canals, two lakes, festival greens, an extensive trail system, an amphitheater, and a one-of-a-kind kid’s space. Almost one-third the size of New York’s famed Central Park, The Canals is sure to offer something for everyone. We see no sign of the housing market boom in North Texas – and specifically Frisco – slowing down, which is why it is important to contact The Cheney Group now. If you are considering moving to Frisco, The Canals could very well be the community for you. To find out more about the area’s homes and the development in general, please contact The Cheney Group today.