Behringer and PegasusAblon Announce Development of Luxury Multifamily Community

August 18th, 2014 by Jennifer Smart

PegasusAblon has announced that they have formed a joint venture with Behringer to develop The Ablon at Frisco Square, a luxury 275-unit multifamily community which will be located in the heart of Frisco Square, a mixed-use area north of Dallas. The Ablon at Frisco Square will be developed by PegasusAblon and is expected to be ready for first occupancy in the fourth quarter of 2015.

Residents of The Ablon at Frisco Square will have access to high-end amenities including an elegant clubhouse featuring a kitchen, fireplace and television; a resort style, bi-level pool surrounded by poolside cabanas and an outdoor kitchen; and a 24-hour fitness center with state-of-the-art cardio equipment. All apartments will be designed for maximum efficiency and feature granite countertops, hardwood flooring, stainless steel appliances and PegasusAblon’s trademark technology package including Wi-Fi and surround-sound speakers.

Like the higher floors, the first level of the property will be comprised of apartments. However, the first level was designed with 14-foot ceilings and an architectural style that will blend organically with neighboring mixed-use buildings. An outdoor plaza will function as an extension of the public park in front of the neighboring Frisco City Hall, providing a seamless connection to the surrounding neighborhood.

Frisco Square is a 147-acre master-planned development expected to encompass up to 4.4 million square feet of office, retail, multifamily and municipal facilities. Located at the intersection of the Dallas North Tollway and Main Street (FM 720), Frisco Square is home to amenities including restaurants and entertainment options; apartments and a medical center; and Toyota Stadium and Toyota Soccer Center, one of the top venues in the United States for both professional and amateur soccer, and the home stadium of FC Dallas.

Read more on the project in the Dallas Morning News.

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