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Allen’s Foundation is Firmly in Place for Growth

As North Texas explodes with new development and continued growth, Allen has the foundation in place to potentially emerge as a new submarket, similar to the CBD, Uptown and Richardson-Plano.

Villages at Allen The Villages at Allen serves a broad trade area that extends beyond immediate neighborhoods.

ALLEN, TX—As North Texas explodes with new development and continued growth, Allen has the foundation in place to potentially emerge as a new submarket, similar to the CBD, Uptown and Richardson-Plano. One of Allen’s distinguishing features is its early housing growth because early on, it served as a bedroom community for the Interstate 75 corridor.

To put that in perspective, in 1990, Allen had less than 20,000 residents. That number more than doubled by 2000 and currently stands at 100,000. In addition to single-family housing, 7,500 multifamily units were developed in the Allen corridor during that period, according to JLL research.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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