Landon Homes has purchased land for the construction of more than 1,200 luxury residences near PGA of America’s new headquarters campus in Frisco.
The purchases, in the Fields development, include 363 lots on 104 acres in the Brookside North subdivision. About 870 lots for smaller residences, including townhomes, are on 174 acres in the East Village, the Dallas Morning News reported.
This is Landon’s second massive investment in Frisco. The Plano-based developer purchased 637 acres of Frisco’s 5,000-acre Brinkmann Ranch in 2020. Landon is likely to invest $1 billion in that development, which will have thousands of residences.
The 2,500-acre Fields development, a collaboration between Hunt Realty Investments and Karahan Companies, will feature thousands of homes and apartments, ranging from townhomes and duplexes to high-end custom homes, as well as several commercial districts.
Construction on homes in Brookside North is expected to begin by mid-2024, following the completion of an extension of Legacy Drive and a new street called Fields Parkway this year. Homes in East Village are expected to begin construction in January 2025.
Fields is not the only community development coming to Frisco this year. Developers unveiled plans in November for a $3 billion Fitwel community development, the Mix. Another commercial district, North Fields, is also in the works and will include offices, retail and high-density housing.
These high-end developments on the horizon have made Fields one of the most highly anticipated new communities in North Texas. The PGA of America headquarters is set to open in August, and the Omni PGA Frisco resort is set to open in May. The 2027 and 2034 PGA Championships are scheduled to be played there.
– Brandon Sams
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