What We Know About Villages Of Waters Creek

Details

Address

SW White Street Rd 455 & Oak Hollow Ln, Anna, TX 75409

Units

325

Floors

4

Developer

JPI / TDI

About

The construction will total almost 400,000 square feet, and the location is southwest of White Street (FM 455) and Oak Hollow Lane in the Waters Creek Residential Campus. The development will have amenities such as a resort-style infinity pool, furnished clubhouse, dog parks, community courtyards, onsite walking trails and private yards for select units.

It will have 325 traditional multifamily flats and rental cottages. Of the 325 total units, 51% of the units will be rent and income-restricted at 80% of the average median income.

Estimated Budget

$59,000,000 (Texas Department of Licensing and Regulation)

Timeline

The subject property was rezoned in June 2020 as a Planned Development to allow for commercial uses with modified development standards on Tract A, multiple-family dwellings with modified development standards on Tract B and Detached Single-Family Residential (SF-60) with modified development standards on Tract C (Ord. No. 861- 2020). The zoning tract map (right) and the Concept Plan (next page) illustrate the Planned Development zoning.

In January 2022, the final plat for Persimmon Drive (below) was approved (Res. No. 2022-01-1087). The purpose of the final plat was to dedicate the right-of-way for Persimmon Drive to extend from Oak Hollow, Phase 4 to W. White Street. This right-of way will be the eastern property boundary of the multiple-family residence lot. (The City of Anna)

Sep 20, 2022 - Dallas-Fort Worth’s most active apartment developer plans to begin construction in December on a large, $59-million apartment community in Anna.

Irving-based JPI plans to start construction on Dec. 15 on the project, called Villages of Waters Creek, in the fast-growing Collin County city. The scope of work includes new construction of multifamily buildings, single-family homes, duplexes and an amenity area with an outdoor pool and courtyard, according to a planning document filed with the state.

The construction will total almost 400,000 square feet, and the location is southwest of White Street (FM 455) and Oak Hollow Lane in the Waters Creek Residential Campus. The scheduled completion date is in December 2024. (Biz Journals)