A $1 billion mixed-use development in Farmers Branch is bringing hundreds of homes/apartments and is planned for more than 3,000 residents. The 370-acre Mercer Crossing development is on the north side of LBJ Freeway near Luna Road.
Mercer Crossing will include 93 acres of urban commerce and 174 acres of residential single-family homes; built by six premier builders, M/I Homes, First Texas Homes, Beazer Homes, Megatel Homes, Oakdale Homes, and Siena Homes.
The first 30 homes should be starting in November 2017, and there are a total of 660 home lots, with larger home lots being around the lake. Houses in the development will start at price of more than $300,000. All of the lots have been sold to builders, and the builders have committed over $10 million in earnest money. Centurion American has also sold land to Coppell-based apartment developer Western Rim Properties for 1,250 apartments, of a total 2,500 apartments planned.
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