LEXINGTON PARK TOWNHOMES
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Project Overview edit/contribute
| Project Type: | Townhomes |
| Work Type: | New |
Project Data
Name: Lexington Park at Rice Field
Location: 1600 Carpenter Drive, Plano, TX 75074. Downtown Plano
Note: Lexington Park is part of the City of Plano`s Downtown Transit Village, pursuant to "A Vision and Strategy For Creating A Transit Village" as adopted by ordinance
Tags: New Urban, Transit Oriented Development, new construction project of 98 townhomes on 6.325 acres executed as public/private partnership between Lexington Luxury Builders LLC and the City of Plano
City Contact: Frank Turner, Executive Director Development and Assistant City Manager frankt@plano.gov
Characteristics: Townhomes are built around a neighborhood central park/greenbelt (created by Developer)low-impact development principles were employed, Mews Streets used to quiet traffic
Smart Growth: All 98 townhomes are being Certified Green Built by Green Built North Texas (GBNT local of NAHB) NAHB Model Green Home Guidelines followed and verified, all 98 are also Energy Star Certified, including Advanced Lighting Packages and Indoor Air Quality Packages
Neighborhood: Developer reduced public ROW width of adjacent Avenue G by 2 traffic lanes in order to widen sidewalks pursuant to pedestrian friendly TOD design and to provide on-street parking. Wide 10` brick sidewalks being built to surround property with antique street lights and marching order of street trees every 35 feet
Phasing: Phase One of 14 units is in Heritage Resource Zoning District built with architecture unique to the phase, exterior veneer HardiSiding, roof pitched composition 35 yr, recycled Green cellulose insulation solar board by Norboard. Phase Two all brick veneer traditional rowhouse/brownstone architecture.
Website: http://www.lexingtonparkplano.com/
Wiki: http://www.lexingtonluxurybuilders.com-wiki/
Project Type: Townhome[s], Condominium[s] Dwelling Units
Owner: Lexington Park Plano LP
Developer Data
General Contractor: Lexington Luxury Builders LLC, 6688 N Central Expressway, Suite 275, Dallas, Texas 214-354-2228 Attn: Scott Schaefer sschaefer@lexingtoncompanies.com
website: http://www.lexingtonluxurybuilders.com/
Developer: Lexington Urban Development Corporation (is a subsidiary of General Contractor)
6688 N Central Expressway, Suite 275, Dallas, Texas 214-369-4900
Affiliations: Schaefer and/or Lexington - CNU, ULI, GBNT, NAHB, Energy Star partner, Smart Growth America, Center For Transit Oriented Development, Certified Green Builders
General Contractor: Lexington Luxury Builders LLC, 6688 N Central Expressway, Suite 275, Dallas, Texas 214-354-2228 Attn: Scott Schaefer sschaefer@lexingtoncompanies.com
Affiliations: see above
Project Consultants
Neighborhood Plan: Scott Schaefer (Lexington) with informal advice from Neal Payton, Partner, Torti Gallas and Partners (with thanks)
Civil Engineer: Kadleck & Associates, Plano TX
Architect: John Lively & Associates residential Designs www.livelydesigns.com
Finacing: Co-Investment Partnership between Lexington Luxury Builders and NDC Capital Partners NY
Sales
Overview: Project is first `for sale` housing component in Plano Transit Village
Pricing: $279,000 to $400,000+
Mortgage Financing: Don Earnhart, Medallion Mortgage http://www.medallionmtg.net/
Construction
3 story, wood frame, brick veneer, green built, Wood Structural Frame, Brick Exterior, Other Exterior Wall, Asphalt Shingle Roofs, Other Exterior Wall = Hardi Siding
Project Participants edit/contribute
Project Location
| Address: | West Ave G Between 16th & 18th Plano, TX 75074 |
| County: | Collin |
More Texas construction projects are available via our Texas construction news and information page. Information on local building codes is available as well
RSMeans Project Cost Estimate
| Original Estimated Project Cost: | $15000000 |
The cost to build townhomes in Plano, Texas depends upon the location, project scope, specific components used and current market conditions.
If you are looking to size the cost of building a project similar to Lexington Park Townhomes, an accurate estimate of the costs to build your particular project is available on MeansCostWorks.com.
