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Allen's new 80-acre mixed-use development coming soon

​ALLEN – A planned mixed-use development will start construction in December, beginning with its first apartment community.

The five-story apartment community will have 325 units and cost $75 million. It will open in 2025 as part of The Avenue development, which will include 1,600 residential units, one million sf of office space, retail, and single-family homes across 80 acres at the corner of Alma Dr. and SH 121.

The first phase will also include a 125,000-sf office building. ​​

The apartments will be developed by Zale Properties. The Avenue is developed by Thakkar Developers. 

The development’s infrastructure is financed with a $36 million loan.


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