Updates to the zoning allowances in the mixed-use district were approved by Plano City Council at a meeting April 6.
"A big majority of this update is just bringing it back up to market standards where we feel like we can be competitive in the market space to get you know our planning done," said Tim Harris, vice president of multifamily development with developers Rosewood Property Co.
The plan was last updated by City Council approval in 2017, according to Harris.
Zoning adjustments requested to support the updated development plan include removing a block of office use and replacing it with single-family attached housing. Because of that change, Rosewood also requested to increase the number of single-family lots by 32 while still maintaining the number of total multifamily units on the property.
The developers also moved to reduce building heights in the western portion of Heritage Creekside. Plans show offices being cut from 12 and 16 stories to six. Fewer office buildings will mean less traffic impacts in the area and will be more marketable in the current environment, Harris said.
Close to 340 multifamily units are expected to be reallocated across the western portion of the property. Parking garages will also be integrated into some multifamily buildings.
Residential density was lowered slightly through these adjustments, according to staff documentation. This change is meant to help generate enough market demand to support the active commercial uses required within the district, per staff.
A redesign of the main street to run all the way through the property without interruption also creates a more desirable location for retail, Harris said.
The eastern portion of Heritage Creekside has been largely developed with roughly 60% of the entire property built out in 2020. The mixed-use development expects to be fully built out in 2026 or soon after, as previously reported by Community Impact Newspaper.