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    As Featured in “Dallas Business Journal”
    By Noor Adatia – Staff Writer, 25 June 2024

    An upscale mixed-use development blending residential, commercial and recreational space is set to begin construction in Prosper later this year, its master developer told Dallas Business Journal.

    Prosper Town Council earlier this month approved zoning changes and a development agreement that allow Frisco-based developer Capitalize Ventures LLC and design firm Gensler to move forward with plans. Now both firms are working on getting construction permits and hope to break ground as soon as possible on phase one of Prosper Arts District.

    The project, spanning 35 acres at the northwest corner of Dallas North Tollway and Prosper Trail, would mark the first large mixed-use development north of U.S. Route 380, according to its backers.