Texas-based real estate investment and development firm PMB Capital Investments plans to build The Station in Sachse, Dallas with $250 million investment.
PMB Capital said that the project will consist of about 400,000 square feet of commercial and retail space, as well as 600 apartments and 250 single-family homes.
The plan will also require significant investment in the surrounding infrastructure as well as improvements to nearby Heritage Park, a 34-acre public space.
PMB Capital has partnered with the city to fund work on the infrastructure and Heritage Park. The Station is expected to open in early 2020.