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Multi-Use Project Benefits from Growth

A new park-centric multi-use development called Monarch City was recently introduced by the Howard Hughes Corporation and zoning is expected to begin this year on the community.

Monarch City Monarch City will consist of office, retail and hotel space along with urban residential product.

ALLEN, TX—Of all the next tier suburbs in the path of development across North Texas, Allen looks to be the most primed for transformational growth, according to JLL research. Taking advantage of that progress, a new park-centric multi-use development, Monarch City, was recently introduced by the Howard Hughes Corporation. Zoning is expected to begin this year on the community, which will be located in the southwest corner of North Central Expressway and the Sam Rayburn Tollway.

Upon completion, Monarch City will consist of office and retail space along with urban residential product and a luxury hotel. This is one of the Howard Hughes Corporation’s first North Texas projects.

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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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