Phase two of a three-phase residential project broke ground in May within The Canals at Grand Park. The four-story apartment development, called The Maxwell, will add 325 new units to the neighborhood. The project will have a total of 1,068 total units.

Apartments will range in sizes from 502 to 1,806 square feet and offer studio, one-, two- and three-bedroom floor plans. The first units will be available in early 2018, with the final project completion scheduled for fall 2018.

The first phase of the a project called The Kathryn is also another apartment building with 365 units. The Kathryn broke ground in January 2015 and is scheduled for completion in early 2017. It is now open for pre-leasing.

The developer of the project is StreetLights Residential and this is the company's first project in the area. As part of the new project, potential residents can utilize virtual reality glasses to tour through a model apartment. With the 360 degree view, they can virtually experience the apartment layout, how furniture can be arranged and even look out the window at the city view.

"The growth in and around the Frisco area is incredible with all of the corporate relocations and the new Dallas Cowboys practice facility. We are excited to add The Maxell to The Canals at Grand Park community and contribute to the booming development of the Frisco landscape," said StreetLights CEO Doug Chesnut in a news release.