The Bonham Economic Development Corporation (BEDCO) revealed more details about the proposed Powder Creek Ranch. The 400-acre mixed-use development, located near the intersection of Sam Rayburn Highway (State Highway 121) and State Highway 56 in southwest Bonham, will feature a mix of residential, commercial and recreational offerings.
Powder Creek Ranch will be developed across seven phases through 2035, ultimately including approximately 3,000 new homes, featuring a mix of single-family residences, townhomes, build-to-rent units and multifamily options.
The initial phase will include 205 multifamily units and a blend of single-family and build-to-rent homes. Future phases will introduce retail, restaurant and office space, along with public parks, trail systems and open spaces that enhance community walkability and long-term property value.
Powder Creek Ranch sits 40 minutes from McKinney and 30 minutes from both Sherman and Paris.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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