Mansfield Project: Developer Pair Plans $60M Investment

Mansfield Project: Developer Pair Plans $60M Investment

Developers M.R. Development Corp. and Carleton Development Ltd. are planning a mixed-use project in Mansfield, Texas that will eventually include multi-family residential, rowhouse, neighborhood-oriented commercial and civic space called the Campbell Development. This destination aims to create an area focused on distinct architecture and complimentary amenities located south of the Julian apartment development near Toll Road 360.

The Dallas Business Journal reports that as an incentive for this project, the City of Mansfield is offering up funding for necessary road improvements with a grant estimated at $300,000 if certain conditions are met by developers; such as making a capital investment of no less than $60 million including its commercial component upon completion or receive certificate of occupancy no later than June 30th 2026 to receive full payment from city funds allocated towards this endeavor .

This post was written to inform readers about Developer Pair Plan $60M Mansfield Project in Texas

Share the Post:

Related Posts