Stillwater Capital is looking to expand its presence in The Link, a 240-acre mixed-use development located adjacent to the new PGA of America headquarters in Frisco, Texas. Stillwater has already started work on a 215-unit build-to-rent community and public filings indicate the company is planning to construct an additional 352 units. Additionally, Stillwater co-owns PGA Frisco – a $500 million mixed use project anchored by the golf association’s headquarters.
The proposed multifamily phase 1 involves construction of five stories of light wood frame apartments with accompanying five story concrete parking garage and separate fitness building estimated at $70 million total cost. Construction for this project will begin July 1st 2021 with completion expected November 2025.
This move further solidifies Stillwater’s commitment towards expanding their presence within The Link as well as investing into larger projects such as PGA Frisco which are sure to bring more attention from investors across all sectors alike due its potential value increase upon completion .
