500-acre mixed-use: 6M SF office, 4,000 multifamily, 120K SF retail, 270 hotel rooms, 50+ acres parks
Sofee’s read
This is the real deal. Billingsley's track record is stellar, and the location is unbeatable.
$3.0B
2024–2035
Infrastructure underway, apartments 2026
What could happen
If it goes well
Billingsley has delivered Legacy West and Cypress Waters—they know mixed-use. If Sloan Corners hits its stride, Allen finally has a walkable urban core. The 50+ acres of parks create genuine community space, not just token green strips. Office tenants bring lunch crowds, restaurants thrive, and the tax base shifts from residential to commercial. Home values in Fairview and east Allen rise 15-25% by 2030.
Watch out for
Mixed-use is risky post-COVID. If office demand stays soft, those 6M SF of planned office space become 3M SF, and the 'urban village' feels like a half-empty strip mall with apartments. The 4,000 multifamily units flood the rental market, putting downward pressure on rents and nearby home values. Billingsley pivots to more residential, and the commercial vision fades.
What this means if you buy nearby
Property Values: This 500-acre development straddles Allen and Fairview, creating a new center of gravity. Existing homes in the SH 121/US 75 quadrant will see 10-20% appreciation as the project matures. Hartwood Square apartments (2026) bring density, which means more retail follows.
Schools: Lovejoy ISD territory. This is a major draw—Lovejoy consistently ranks among Texas's top districts. New families moving into Sloan Corners apartments may shift enrollment patterns.
Commute Impact: The 75/121 interchange is already congested. 6M SF of office space means thousands of daily commuters. If you work from home, this matters less. If you commute to Richardson or Plano, expect delays during construction (2024-2035).
Where it stands
Project unveiled at US 75 & SRT
Infrastructure construction begins
Hartwood Square apartments underway
Hartwood Square Apartments opening
For this project, verify next
What is daily life like in 75002?
Sloan Corners touches this ZIP. The profile covers price, schools, commute and the honest tradeoffs.
Sources
Other Allen projects
Timelines shift. Every figure carries a source and a verified date.