
Developer Pair Plan $60M Mansfield Project
Developers M.R. Development Corp. and Carleton Development Ltd. are planning a mixed-use project in Mansfield that will eventually include multi-family residential, rowhouse, neighborhood-oriented commercial and civic space. Called the Campbell Development, the site aims to create a mixed-use destination focused on distinct architecture and complimentary amenities. It will be located south of the Julian apartment development near Toll Road 360.
The Dallas Business Journal reports the City of Mansfield is offering up the cost of needed road improvements as an incentive to the developer. If the conditions are met, the city will support the project with a grant of around $300,000. Under the proposed agreement, the developer would have to make a capital investment of no less than $60 million for the project, including the commercial component. The developers will receive half when construction ends and the other half if they can receive a certificate of occupancy no later than June 30, 2026.
- ◦Development