BlackStone Communities is asking the town of Prosper to sign off on a large-scale mixed-use concept branded as The Marco, envisioned as an Italian village-inspired destination. The proposal covers 143 acres at the northeast corner of the Dallas North Tollway and US 380, positioning the project along a highly trafficked corridor and near established regional growth.
Plans outlined for The Marco call for a combination of residential, retail, entertainment, hospitality and office uses organized around a central water feature. At the heart of the community would be a public square and a lagoon with navigable canals, intended as the defining amenity and focal point for residents and visitors. The lagoon and canals are planned to cover more than 15 acres, providing the backdrop for surrounding commercial and cultural programming.
The residential component is designed with a cap of 4,400 total units spread across several housing types. Mid-rise apartments would account for as many as 2,500 units, while high-rise residential buildings, either condominiums or apartments, would be limited to 400 units. The plan also reserves capacity for a retirement community of up to 500 units, adding an age-targeted option to the overall housing mix. In addition to these formats, single-family housing is included in the community blueprint, though specific counts and product details were not disclosed.
Retail space would be integrated around the public square and waterfront areas, supporting a mix of shopping and dining that complements the residential and entertainment uses. The concept also incorporates a performing arts venue, adding a cultural anchor to the development, and a hotel component to capture visitor demand generated by the lagoon, events and nearby traffic corridors. Together, these uses are intended to create a full-service destination rather than a single-purpose residential subdivision.
Office and commercial space feature prominently in The Marco’s preliminary plans. In addition to office condominiums designed to accommodate smaller businesses, conceptual drawings show two larger office campuses within the site. Each of these campuses is planned with its own dedicated parking and is envisioned as a potential setting for corporate headquarters users. This office program, combined with the residential, retail, hospitality and entertainment elements, positions The Marco as a multi-faceted mixed-use environment contingent on municipal approvals and entitlement support from Prosper.
