Capital Ventures is set to transform a 35-acre site at the northwest corner of Dallas North Tollway and Prosper Trail into the new Prosper Arts District, a $300 million mixed-use development.

This project, recently approved by the Town of Prosper, will include 515 multifamily housing, three new hotels, and a retail shopping centered around a water fountain.

The build outwill be carried out in four phases.

The first phase, starting later this year, will focus on building the core infrastructure, including a sports-themed hotel, retail spaces, and a parking garage, with a target completion date of 2026.

Additional phases will add more family residential units, two more hotels, and additional retail spaces to add additional housing and shopping opportunities for Prosper residents.

Stay tuned for more developments about this new Arts District coming in 2026!

Leave a Comment

Your email address will not be published. Required fields are marked *