StreetLights Residential is developing a 22-story luxury multifamily high-rise with three adjacent townhomes at 6501 Legacy Drive in Plano, Texas. It’s located within the 100-acre former JCPenney headquarters campus, across the street from Legacy West.
The development will deliver 261 high-rise residences within the tower, including one-, two-, and three-bedroom homes. Residences will range from approximately 682 to 2,843 square feet. Three adjacent townhomes will further enhance the community, offering three-bedroom, three-and-a-half-bath layouts ranging from 3,283 to 3,316 square feet, available for lease. The project will feature structured parking and an extensive suite of hospitality-inspired amenities. Residents will enjoy immediate access to miles of walking trails, two city parks, multiple dog parks, and pickleball courts.
Construction is scheduled to begin in June 2026, with completion anticipated in February 2029.
Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square feet and traded for approximately $244 per buildable square foot. The transaction was arranged by Ariel partner Sean R. Kelly along with associate...
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Marcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit. “This transaction marked the fourth closing from a larger Anaheim-area multifamily portfolio as the seller continues to reposition its holdings through a 1031 exchange...
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JLL Capital Markets arranged $135 million in construction financing and joint venture equity for the development of The Ibex at Ridge Hill, a 282-unit luxury multifamily community at the Ridge Hill mixed-use lifestyle center in Yonkers. Senior managing directors Evan Pariser and Aaron Niedermayer and director John Lowe arranged the senior construction loan with Bank...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California