At a Nov. 10 Frisco Planning and Zoning Commission meeting, commissioners approved plans for a Plano developer to turn 103 acres of field in Brinkmann Ranch into a new subdivision called Lexington Parks. The next step in this process is approval from City Council, which next meets Nov. 17.
In June, 637 acres of Brinkmann Ranch were sold to Plano-based Landon Development Co., which has plans to develop real estate projects that would add $1 billion of value to the area.
Lexington Parks, a continuation of the Lexington Country subdivision, is set to be built near the intersection of Eldorado and Coit Road with 183 single-family homes, 218 duplexes, 77 patio lots and a homeowners association, according to meeting documents.
Home prices are expected to start at under $400,000 up to as much as $700,000.