COLLIN COUNTY – Developer Billingsley Co. is finalizing plans for the first phase of a 500-acre mixed-use development that could total over $3 billion when completed.
The development, Sloan Corners, will be in Allen and Fairview.
The developer gained control of 240 acres at the southeast corner of US 75 and SH 121 in Fairview in 2019. Two years later, they purchased 260 acres across the highway in Allen.
The City of Allen just designated its corner as a reinvestment zone and tax increment finance district, which will allocate increased property taxes from the Sloan Corners development to help pay for streets, utility lines, and other infrastructure. The maximum reimbursement could be nearly $75 million.
Plans for Sloan Corners call for more than ten million sf of office space, 6,000 apartments, and over 200,000 sf of retail space.
The firm plans to build apartments and offices in the first phase on Chelsea Blvd. The planned Hartford Square apartments would be in a four-story building designed by Dallas’ O’Brien Architects. The rental units would open in early 2026.
Sloan Corners will include greenbelts, parks and walking trails.