McKINNEY - A $85 million development in Craig Ranch in McKinney, which will bring 550 apartments homes, is being developed by the Dallas-based group SWBC Real Estate LLC.
The firm recently acquired 9.3 acres within Craig Ranch, a 2,200-acre master-planned community for the new development, which is being dubbed Central Park at Craig Ranch.
The initial phase of the two-phase apartment project—about 270 apartments—is expected to get underway by the end of the year. Construction is slated to be complete in the 2Q2018.
Central Park at Craig Ranch will include one-, two- and three-bedroom apartments wrapped around structured parking.
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