Is Forney, TX new McKinney/Frisco areas? (Dallas, Plano: real estate market, lease)

[ChristieP]

There is no timeline for the final leg of the PGBT through Sunnyvale.

[Saintmarks]

Prosper and Celina are the new Frisco and McKinney.

[Souleiado]

Originally Posted by Saintmarks

Prosper and Celina are the new Frisco and McKinney.

Agree, even the new mall on 380 and Preston is a reminiscence on Stonebriar , a decade ago The only difference I think is that Prosper and Celina will probably stay on a smaller scale.

[Brywood]

Originally Posted by ChristieP

There is no timeline for the final leg of the PGBT through Sunnyvale.

Correct, but it will happen, as imminent domain has already been discussed with the Sunnyvale community and is foreseeable for the project. They have discussed several options, one of which would be over Lake Ray Hubbard as well. Link below for the meeting

The East Branch - Home Page

[KeyToFrisco]

I think it will continue to increase in value as demand for the area in general continues to be strong. People are moving here for work and will need homes with reasonable commutes. Most projections I've seen show estimates between 3-5% in property value growth for the metroplex as a whole.

It won't grow in the same way as Frisco or McKinney, it will probably always be more of an apples to oranges type of comparison. They are just different types of areas.

Prosper, Celina, and the 380 area in general are coming up. Growth is definitely showing a strong northbound pattern, thanks to many of the employers setting up shop in Denton and Collin counties. Celina's growth plans closely mirror Frisco's, while Prosper's seem to look more like Highland Village in a way. Prosper is much smaller; Celina's city limits are about the same size as Frisco. With the Cowboys' Star complex in Frisco, no other suburb will be able to compare.

[rantanamo]

East Dallas has to grow more in population, wealth and white collar jobs in the I-30/US 80 corridor for this to happen. Then you start to have people and developers moving east to escape higher land prices and provide more and more middle-class housing. You saw this with areas to the Northwest of Dallas up 114 as well. If anything, NW is the new north from the Stemmons Corridor and up 114 all the way up to Justin. I would think I-30 would be next, but I think I-35E/US. 67 actually has the chance to be "next" with the huge job explosion along I-20 in that general vicinity. Just need the office space and a developer like Perot or Jerry to make that big investment. Can't go north forever or you will have to build out a new airport.

[stratusphr]

Originally Posted by Brywood

No, Forney does not want to become the typical "north suburb" city; it has never been the focus of community leaders nor does it want to be. Yes, it will continue to grow and the homes prices will continue to rise. PGBT will expand all the way to I-20.

Continue to ask people who live in the area who can provide facts. However, the same builders who build in those northern suburbs build in Forney (Highland, Drees, DR Horton, etc).

Another reason for the growth is its proximity to downtown Dallas (21 miles).

** We are ten minutes from the Dallas County line, and 25 minutes from NorthPark Mall. When we lived in N Plano, it took the same length of time to get to NorthPark. Win/win - we love it here, we love the feel of a small town - while it lasts!!

[stratusphr]

Originally Posted by SmartAx

Yes, I've seen Forney and Terrell constructing a lot of homes and businesses, but I don't think it will be the "new north". In order for Forney to boom, it needs more businesses, great reputation, lower crime, and widen US80. The NTTA is also expanding PGBT to I20 and I think it will affect the area.

The city that's really booming in the east side is Rockwall. It's way more bigger than Forney and has more to offer.

We live in the Travis Ranch subdivision - just outside of the city limits. We have phase 1,2 and 3. Half of the jr high and HS kids go to school in Forney, the phase 3 kids go to Rockwall ISD high school. We pay RW school taxes. Here in Forney, I am not apprehensive to walk outside after dark to take a walk or move the trashcan or check the mail. In NE Plano, it was not very safe, and we lived in a good neighborhood. Here we don't have people stealing packages off our front porches, or waiting for a victim to arrive home to rob. The alley garages are not safe, you must always be on guard. We know both neighbors on either side of us. We've exchanged numbers. We were out of town last week and the young woman sent me a text message and asked about when we'd return. A pkg had been delivered the previous day and it was still there. She paid attention. I had her get it for me and we got it when we got home the following day.

Heath is building a 'Yacht Club' (golf course) and there's a high dollar housing development going in near it. There is a brand new elem school being built just up the road, in Heath (RWISD) and just down from there, you enter Rockwall. I run over there at least twice a week, it's closer than going to see my orthopedic surgeon when we lived in Plano, and Plano Orthopedics was in Plano, but getting there wasn't just up the road!! I can get to NorthPark Mall faster at 11 AM from Forney, that I could get to my doctor's office when we lived in Plano.

There are huge, beautiful homes in Heath. Estates. I was shocked when we moved here and started going back and forth to Rockwall, but Forney, Heath and Rockwall are similar to going from Allen to Plano to Richardson, it's hard to tell where one ends and the other begins!!!

[HockeyDadof2]

Originally Posted by Brywood

No, Forney does not want to become the typical "north suburb" city; it has never been the focus of community leaders nor does it want to be. Yes, it will continue to grow and the homes prices will continue to rise. PGBT will expand all the way to I-20.

Continue to ask people who live in the area who can provide facts. However, the same builders who build in those northern suburbs build in Forney (Highland, Drees, DR Horton, etc).

Another reason for the growth is its proximity to downtown Dallas (21 miles).

I was thinking the same thing. I don't actually live in Forney but am very familiar and Devonshire (for example) is a wonderful development with very good builders.

[NoClueWho]

Originally Posted by ETex2

I think this post illustrates perfectly a couple of the reasons I'd never want to move to cities such as McKinney, Frisco, or Grapevine. Overpriced homes and people who look down their nose at people who live in Mesquite, Forney or Terrell.

LOL, well, many of those same folks look down on DALLAS, so of course they look down on smaller cities like Mesquite, Forney, or Terrell.