The297-acre commercial tract is located on the north and south sidesof US Highway 380.
PRINCETON, TX—Princeton's population has nearly doubled in the last years, resulting insignificant single-family residential development. This residentialdemand is due to its location on US Highway 380, its closeproximity to the US Highway 75 corridor and its commuting proximityto notable DFW employers. Additionally, residential lot sales inPrinceton have increased more than 30% in the last year.
To remedy some of that immense demand, a new development,Princeton Crossroads, will be one of the largest mixed-use projectsin Collin County at 297 acres. It will include the new PrincetonCity Hall, a retail center, a multifamily project, 333 single-familyhomes, 166 townhomes and a city park. The site for this project isthe largest undeveloped commercial tract in Princeton on the northand south sides of US Highway 380.
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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.
