McKINNEY - An Eastern European-inspired development in McKinney has received $24.9 million for the construction and permanent financing of the 211-unit apartment community called St. Paul Square.
The 45-acre town center, Adriatica Village, will have details inspired by a fishing village in Croatia, including hand-carved fountains, cobblestone and a bell tower.
Other parts of the mixed-use project include single-family homes, condominiums, retail, restaurants, medical office and a weekly farmer's market.
Developers plan to break ground on the apartment community within a week. The project is expected to be completed by late summer 2014.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.