High Hopes for the 121 Corridor Development

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David Craig, the founder and developer of Craig Ranch, will be a part of the new 121 Corridor development. Craig has had much success in Craig Ranch located in McKinney. According to Bisnow, Craig Ranch has 2 billion dollars in ad valorem value, twenty thousand residents and four thousand employees.

121 Corridor is still underway. Developers don’t have a time line yet but is looking for a top “corporate user” to be the first big company. Mark Bulmash, the senior vice president of development, says there is potential to have six hundred to seven hundred thousand people for 121 Corridor.

Mobility will need to be improved to compensate for the extra traffic the project will bring to the suburbs. Plans are underway to widen the Dallas North Tollway and George Bush Turnpike. To read more in depth about this topic click here.

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