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Mixed-UsePlano

Collin Creek Redevelopment

$1B mall-to-mixed-use: 500 SF homes, 2,300 apartments, 340K SF retail, hotel, 8.9 acres parks

Investment

$1.0B

Timeline

2021-2030

Status

200 homes built, garage complete, apartments 2025

Developer

Centurion American Development Group

Project Timeline

Progress35%
Announced
2018

Mall sold to Centurion American

Groundbreaking
2021
ConstructionCurrent
2021-present

200 homes built, parking garage complete

Phase 1 Open
2025-late

Street network and parks

Phase 2 Open
2026

Apartment buildings, mall renovation

Complete
2030

Analyst Commentary

Dead Mall Reborn: The former Collin Creek Mall is becoming a $1B mixed-use district with 500+ homes, 2,300 apartments, 340K SF retail, and 8.9 acres of parks. 200 homes already built; momentum is real.

Central Plano Revival: This is Plano's urban renewal play. The 75/Plano Parkway area has been stagnant for years. Collin Creek brings density, walkability, and new energy to 'old Plano.'

School Consideration: This is Plano ISD, not Frisco. PISD is solid but not elite. Families prioritizing top-tier schools may prefer west Plano (PISD's best feeders) or Frisco ISD.

Buy for lifestyle, not appreciation. Collin Creek is best for walkability-seekers who want urban vibes without Dallas commutes. The townhomes (Ashton Woods) are solid. But don't expect Frisco-style appreciation—central Plano is mature, not emerging. If schools are priority, look elsewhere. If walkability and character matter, this is compelling.

Analysis generated December 25, 2025

Sources

Affected Areas

7507475075

Plano Context

City Total Investment$7.1B
This Project14.1%
ISD Bond (2022)$1.4B
View Plano Trajectory