Stillwater begins construction on $750M Haggard Farm development in Plano

Clay Roby, managing director at Stillwater Capital Investments
Clay Roby, managing director at Stillwater Capital Investments
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Clay Roby, managing director at Stillwater Capital Investments
Clay Roby, managing director at Stillwater Capital Investments

Construction has started on the first phase of Haggard Farm, a $750 million mixed-use development in Plano. The project is located at the southeast corner of Parkwood Boulevard and Spring Creek Parkway, according to the Dallas Business Journal. The initial phase will include about 100,000 square feet of retail space, 350 multifamily units, 188 townhomes, hike-and-bike trails, and a three-acre park. Vertical construction for the retail buildings is expected to take around 14 months, with pre-leasing for residential units set to begin at the same time. The first phase should be completed in about two years.

Stillwater Capital Investments, based in Dallas, is developing the 142-acre site along the Dallas North Tollway. Early infrastructure work began in 2023 after years of planning. The land had remained largely undeveloped for over a century.

Plano is Collin County’s largest city with a population exceeding 290,000 and features many corporate campuses and mixed-use projects. Median home values are about $410,000.

Clay Roby, managing director at Stillwater Capital Investments, noted that the Haggard family’s homestead had been on the site for 170 years. “The seeds for this development were planted generations ago,” Roby said.

When complete, Haggard Farm will feature approximately 200,000 square feet of retail space, 700 apartments, 650,000 square feet of office space, a boutique hotel with a private social club, and roughly ten acres of green space. Planned retail anchors include The Almanac 1856—a farm-to-table restaurant and bar—and Haggard Hall—an event barn—both scheduled to open in fall 2027.

Stillwater is working with Woodhouse on experiential elements and The Retail Connection on leasing efforts. About forty percent of retail offerings will focus on food and beverage vendors who sell their own products. There are also plans for gardens attached to restaurants as well as features referencing the site’s agricultural history such as orchards, a fishing pond, and livestock.

Office components will be developed later with build-to-suit options available for corporate tenants. Designs and permits are ready; marketing will start in early 2026.

The Haggard family has owned this land since the mid-1800s and received city approval for development in 2021 after discussions that began in 2019. Historic structures like an original mid-1850s home and a relocated schoolhouse will be preserved within the project as part of efforts to maintain links between Plano’s past and future growth.



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