A proposed redevelopment project converting unused office space to an apartment complex was approved by council during the Feb. 10 meeting.
Two-minute impact
The proposed redevelopment is located at 250 E. Arapaho Road. The project will consist of 443 residential units in five buildings, with one-, two- and three-bedroom units available to lease, said Brian McNally, vice president of development for Legacy Partners, the real estate firm representing the developers.
Additionally, the average unit size will be 850 square feet, according to city documents. The existing property has been vacant for several years, City Planner Amber Pollan said.
The current building will be demolished and the project will include areas designated for open space.
What else?
Council also approved a redevelopment project in downtown Richardson during the meeting. Both projects are in line with the future land use plan of the Envision Richardson comprehensive plan, according to city documents. Additionally, multi-family projects are considered a primary use for both locations.
Currently, the city is targeting out-of-use or outdated office space for redevelopment to address housing needs, City Manager Don Magner said. By eliminating outdated office space and replacing it with housing, the remaining office space will become more competitive and the new apartments will help bring people to the area, Magner said.
What’s next?
The project is still in conceptual stages, Magner said. Demolition is expected to begin in October, with the project nearing completion by October 2029.
