BlackStone Communities has submitted plans to the town of Prosper for a large-scale mixed-use development known as The Marco. The proposed project occupies 143 acres at the northeast intersection of the Dallas North Tollway and US 380. According to reports, the developer is currently working with local officials to move forward with the adoption of these plans.
The design centers on a water feature consisting of a lagoon and canals that cover more than 15 acres. The waterways are sized to allow for boat navigation. Surrounding this central element, the conceptual layout includes a public square, retail spaces, a performing arts venue, and a hotel.
Residential components make up a significant portion of the project, with a total cap of 4,400 units. The housing mix is divided into three categories: mid-rise apartments limited to a maximum of 2,500 units, high-rise condominiums or apartments capped at 400 units, and a retirement community with a maximum of 500 units.
Beyond housing, the development includes office and commercial spaces. The plans specify office condominiums intended for smaller companies. Additionally, the conceptual design features two larger campuses with separate parking areas designated for corporate headquarters.
