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Real Estate Trail
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Connect CRE · Dallas · Mixed Use

Prosper Greenlights $2B Italian-Themed Community

Via Connect CRE · October 28, 2026
Compiled by Real Estate Trail Editorial · October 28, 2026

Why this matters

Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. Dallas-Fort Worth continues to absorb the largest multifamily delivery pipeline in the country. Industrial along the I-35 corridor is clearing at competitive basis, and selective office is finding bids at deep discounts to replacement. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
The Prosper Town Council approved a rezoning for The Marco, a 143-acre Italian-themed development on the corner of Dallas North Tollway and University Drive. The $2 billion mixed-use development features waterfront ho…
Read the full article at Connect CRE →

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