City approves 80-acre Allen mixed-use project

​​​​​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:

• Dallas-area mixed-use news
• Local office news
• ​Texas Quarterly Commercial Report​
• DFW housing and multifamily news
• Texas Quarterly Apartment Report
• ​​North Texas retail and hotel ​news