Construction has started on the first phase of Haggard Farm, a $750 million mixed-use development in Plano. The project is being developed by Stillwater Capital Investments and is located at the southeast corner of Parkwood Boulevard and Spring Creek Parkway.
The initial phase includes about 100,000 square feet of retail space, 350 multifamily units, 188 townhomes, hike-and-bike trails, and a three-acre park. Construction on the retail buildings is expected to take approximately 14 months. Pre-leasing for residential units will begin around the same time. Phase one should be completed within two years.
Stillwater began early infrastructure work in 2023 on the 142-acre site along the Dallas North Tollway. The land had remained mostly undeveloped for over a century.
Plano is Collin County’s largest city with a population exceeding 290,000 and features many corporate campuses and mixed-use developments. Median home values in Plano are around $410,000.
Stillwater managing director Clay Roby commented on the site’s history: “The seeds for this development were planted generations ago.”
Once fully built out, Haggard Farm will include roughly 200,000 square feet of retail space, 700 apartments, 650,000 square feet of office space, a boutique hotel with a private social club, and about ten acres of green space. Key retail tenants will feature The Almanac 1856 restaurant and bar (8,000 square feet) and Haggard Hall event barn (16,000 square feet), both scheduled to open in fall 2027.
Experiential elements are being developed in partnership with Woodhouse from Dallas. Leasing efforts are managed by The Retail Connection. About forty percent of the retail mix will focus on food and beverage vendors who produce their own products. Restaurants will have attached gardens; other features include orchards, a fishing pond, and livestock to honor the agricultural heritage of the site.
Office construction is planned for later phases with build-to-suit opportunities for corporate clients. Designs and permits are complete; marketing efforts will start in early 2026.
The Haggard family has owned this land since the mid-1800s. City approval was obtained in 2021 after discussions that began in 2019. Historic structures such as an original mid-1850s home and a relocated schoolhouse will be preserved as part of the new development.
