A new $250 million development in the works for Sachse will bring new housing and commercial and retail space.
Called The Station, the 119-acre mixed-use development will be built on Bush Turnpike between Miles and Merritt roads. The development is on both sides of the turnpike.
The project includes an upgrade for the city’s Heritage Park, which will get amenities such as an amphitheater, a boardwalk surrounding a large water feature and walking trails.
Dallas-based PMB Capital Investments is building the project.
The developer bought the property last fall and has been working with the city on plans for the project.
PMB Capital partner Taylor Baird said his firm was looking at other properties nearby in Garland when they found the Sachse tract.
“We knew enough about the area that we could make a quick decision” about buying the vacant property from a medical foundation, he said. “It’s great real estate since growth is going this way.”
Plans for The Station include 400,000 square feet of commercial and retail, more than 600 apartments and more than 250 single-family homes.
Ashton Woods and K. Hovnanian Homes will build the houses.
“The first phase will be a lot of the major infrastructure and we’ll bring on about 225 single-family homes and townhouses and around 300 apartments,” Baird said. “This is a big, multi-year project.
PMB Capital is working with Kimley-Horn, Gateway Planning and TBG Partners on the planning and design for The Station.
CBRE’s Marty Neilon brokered the land sale.