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Build-to-rent housing in Prosper, Celina area continues to grow

Development of build-to-rent housing communities has continued to surge in the Prosper and Celina area in recent years, adding another housing option as North Texas continues to grow.

The details: Bryan Lawrence, senior vice president of consulting at real estate research firm John Burns Research & Consulting, said the Dallas-Fort Worth area has seen significant growth in the built-to-rent industry since the COVID-19 pandemic, including in Prosper, Celina, McKinney and Denton.

What it means: While the housing type varies by development, Lawrence said build-to-rent communities can include options like attached townhomes and duplexes to detached single-family homes.

What's happening?: Lawrence said John Burns Research & Consulting began tracking the industry in 2012, but saw significant growth during the COVID-19 pandemic. Since 2021, the Prosper and Celina area has seen at least eight build-to-rent communities open or begin construction.

 
now open
Panda Express offers on-the-go Chinese in Celina

Panda Express opened its Celina location on May 29, a company representative confirmed.

On the menu: The chain is known for Chinese-American staples like orange chicken, fried rice and veggie spring rolls.

  • 3530 S. Preston Road, Celina

 
Neighboring News
Indoor play space Cloudbound now open in Frisco

Cloudbound, a new indoor play experience designed for young children, is now open in Frisco.

Zooming in: The 10,000-square-foot facility offers slides, climbing structures, building-block zones and more. In addition to play areas, Cloudbound will also offer a full-service cafe, lounge-style seating areas, nursing rooms and party rooms for birthdays and special events.

  • 3333 Preston Road, Ste. 1200, Frisco

 
Transportation Tuesday
US 75 crossing, Bonnie Brae renovation: See 5 DFW road construction updates

Stay informed on five transportation projects around Dallas-Fort Worth.

1. US 75 at Arapaho Road crossing enhancements
Project: Work will include Arapaho Trail improvements, pedestrian lighting, new ramps, a DART bus stop connection and a trail connection under US 75 with a barrier wall between a relocated U-turn lane.
Update: The project is currently under final design.

  • Timeline: fall 2026-winter 2027
  • Cost: $4.9 million
  • Funding source: city of Richardson

2. First Street widening
Project: First Street will be widened from a two-lane rural roadway to a four-lane divided suburban roadway from Dallas North Tollway to Coleman Street.
Update: Construction began May 20, according to the project website.
  • Timeline: spring 2026-fall 2027
  • Cost: $27.8 million
  • Funding source: town of Prosper

 

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