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$750 Million Development Will Transform Plano's Largest Remaining Undeveloped Site

The first phase of the 142-acre project will begin this summer
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Every day, I drive through the intersection of Spring Creek Pkwy and Parkwood Boulevard, a familiar route that has become a part of my daily rhythm. Looking to the left, an empty plot of land has sat untouched. It’s a strange sight — this barren piece of land surrounded by signs and traffic, an unused space in the midst of a growing area.

But that’s all about to change. Soon, the empty lot will be transformed into a massive $750 million mixed-use project by Stillwater Capital, bringing with it a wave of new possibilities for the area while keeping its historic lineage alive. 

Phase 1: A Big Development Is In The Works

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Apartment living at Haggard Farms. Rendering: Stillwater Capital

In 2021, as the population of Plano continued to boom, the city of Plano approval the development of 142 acres on Spring Creek Parkway, east of the tollway. It’s there Haggard Enterprises Ltd., in partnership with Dallas developer Stillwater Capital, plans to develop a mixed-use project featuring office space, retail, a hotel and residential buildings. 

Stillwater Capital Managing Director Clay Roby told Local Profile the development company has big plans for the historic area and expects the first phase of commercial amenities to begin development in early summer on what will be known as Haggard Farms

The retail portion, spanning 100,000 square feet, is expected to be completed in approximately 14 months, while the residential development, consisting of 350 units, is projected to be finished in around 20 months. “After that, we have a boutique hotel, several built-to-suit office sites and additional retail in the master plan,” Roby said. 

Upon full completion, the development is projected to include approximately 200,000 square feet of retail space, 700 multifamily residences, 100 townhomes, 10 acres of green space and 650,000 square feet of office.

Haggard Farms Keeps Its Legacy

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The development first broke ground in 2023. Rendering: Stillwater Capital

In recent years, sections of the historic Haggard farmland have been transformed into modern mixed-use developments, reflecting the city's rapid growth and evolving landscape. However, despite these changes, the Haggard family remains deeply committed to honoring the farm’s rich history while thoughtfully integrating contemporary elements that enhance the community. Their vision is to preserve the essence of the land, ensuring that its legacy remains a central part of the area's identity.

Serving as key landmarks within Haggard Farms, The Almanac and Haggard Hall will anchor this phase of the project. According to WFAA, The Almanac, an 8,000-square-foot farm-to-table restaurant developed in partnership with Woodhouse, will celebrate the farm’s heritage through a carefully curated menu inspired by locally sourced ingredients. Meanwhile, Haggard Hall, a 16,000-square-foot event venue, will provide an elegant setting for weddings, corporate gatherings, and community celebrations. Together, these spaces will not only honor the farm’s agricultural roots but also create a welcoming destination where tradition and modernity coexist. 

The History Of The Haggard Family

Haggard Farms dates back to 1856 when Clinton Shepard Haggard and his father, John Haggard II, settled near Plano, investing in land and livestock. After serving in the Confederate forces during the Civil War, Clinton returned home and, in 1884, expanded his holdings by acquiring more land and building a colonial-style home northwest of Plano.

Over generations, the Haggard family became deeply rooted in the Plano community, playing a significant role in its growth and development through multiple endeavors — including farming. Their legacy is reflected in several local landmarks, including a middle school, library and park bearing their name.

Rutledge Haggard, the great-great-grandson of the family that settled in Plano in 1856, previously shared with Local Profile his perspective on the city's transformation over the years. 

“When they put 75 in, I remember that old Highway 5 was the thoroughfare,” Haggard said. “I never thought Plano would be what it is today. I don’t know if you can find a town that small nearby. When I was in high school there was a sign going up a hill on the west side of town that said: Plano, population 1,275.”

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