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'Primetime' Cowboy sells 109-acre Prosper estate'Primetime' Cowboy sells 109-acre Prosper estatehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=30572014-09-16T08:24:00Z2014-09-16T00:00:00Z

PROSPER - Former Dallas Cowboys player Deion Sanders has sold his 30,000-sf mansion and the 109-acre property it sits on to Southlake-based Bloomfield Homes and Dallas-based Margaux Development Co.

Bloomfield Homes plans to market Sanders' mansion at 1280 North Preston Rd. as well as build more than 100 single-family homes on 82 acres of the 109-acre property.

Margaux Development, led by Donald Silverman, will develop the remainder of the property into a $30 million grocery-anchored development.

The Kroger-anchored 250,000-sf shopping center already has wound through Proper's zoning process and Silverman is working through conceptual drawings with the project's architect.

Silverman says he expects break ground on the project in January or February 2015, with an expectation of completing the project in early 2016.

Bloomfield Homes plans to build 100 to 130 new homes on the property, depending on the size of tracts sold — homebuyers can buy nine-acre lots to 24-acre lots.

Bloomfield also plans to sell Sanders' home — although the builder hasn't determined a price yet. Sanders' home previously was marketed for $21 million.

Dallas Business Journal
Dallas-Fort Worth-Arlington
Mixed-Use
http://www.bizjournals.com/dallas/news/2014/09/04/deion-sanders-home-to-go-back-on-the-market-as.htmlRead more at {Source}

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