What We Know About Anacapri

What We Know About Anacapri

Details

Address

1510 Hackberry Drive, Anna, TX 75409

Units

600

Developer

Megatel Homes

Property Website

www.megatelhomes.com/AnaCapri

About

Lagoon life is coming soon to Anna, TX! Laguna Azure provides residents with an entirely reimagined vision for luxury living by offering amenities that enhance their quality of life. The expansive master-planned communities feature white sand beaches, clear blue water, and activities galore for everyone to enjoy. The beautifully landscaped properties have manicured and functional spaces dedicated to fitness, wellness, and relaxation. Coming home will feel like going on vacation with all of the innovative design features that the lagoon communities have to offer. Why settle in an average community when you can have everything you want in a Laguna Azure community?

Estimated Budget

$800,000,000

Timeline

Oct 14, 2021 - Construction on the development of Anacapri is scheduled to begin in three to four months.

The city of Anna will create a Public Improvement District and Tax Increment Reinvestment Zone to assist with the project’s infrastructure costs, Grisham said.

The city will receive more than $2.1 million in Public Improvement District fees and 65% of sales/use taxes on construction materials. Additionally, the Anna Economic Development Corp. and Community Development Corp. will each receive .50 cents per ticket sold to enter the lagoon area. (wffa)

Oct 15, 2021 - The City of Anna in Collin County approved a development agreement for an $800 million project that will bring more than 1,000 homes and 600 multi-family units as well as a lagoon.

During the Oct. 12 regular city council meeting, the Anna City Council approved a Development Agreement with Megatel Homes for the Anacapri Project. The project is estimated to cost $800 million and includes 1,239 single-family units, 600 multi-family units, a 2.3-acre crystal lagoon, two sand beaches—one public and one private—a Flow Rider surf simulator, swim-up bar, kids play area, a water slide, 30,000 square foot commercial entertainment building and other amenities. (Fortworth Business)

Estimated Completion Date: Coming Soon 2023!

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