ALLEN – The city council has approved The Avenue, an 80-acre mixed-use development at the southwest corner of SH 121 and Alma Rd.
The development, previously known as Allen Sports Village, will include:
one million sf of office space,
65 single-family homes,
1,600 urban residential units,
three hotels, and
275,000 sf of retail and restaurant space.
Many of the shops and dining venues will be built in old shipping containers. A food hall and a central outdoor plaza with water features will be included.
Developer Thakkar originally proposed building a $500 million sports complex with a cricket stadium, but the deal was canceled after neighborhood opposition and the departure of a key player.
The Real Estate Center has more information like this online:
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