Southern Land Company Celebrates Grand Opening of Plano Mixed-Use Apartment Community, Junction 15

DALLAS - Jan. 28, 2015 - PRLog -- Developer Southern Land Company was joined yesterday by Plano Mayor Harry LaRosiliere and other Plano city officials on Tuesday, January 27 at a ceremony celebrating the grand opening of its new mixed-use luxury apartment community, Junction 15. Located at 930 East 15th Street in Plano, the community was developed under a public-private partnership between Southern Land and the City of Plano, as it will add to the growing energy and excitement surrounding the growth of the city’s historic downtown. Dallas Area Rapid Transit (DART) and the North Central Council of Governments (NCTCOG) also contributed to the development of the project. This transit-oriented development is adding to the revitalization of downtown Plano’s urban core. Residents of Junction 15 are steps away from the area’s bars, cafes, restaurants, festivals and shopping, and have access to a number of on-site, resort-style amenities within the apartment community.

“We are incredibly selective about trophy development sites, and this one hit all the criteria we look for including proximity to jobs, population or job growth and unique, sustainable higher incomes nestled in an urban-style, walkable community, ” said Southern Land CEO Tim Downey. “Plano has put a huge investment into its downtown with its street upgrades and overhaul of public spaces including its investment in McCall Plaza. Downtown Plano is one of the best-kept secrets in the DFW area, and the city’s focused interest in preserving the history of Plano is what drew us to the area.”

Plano Deputy City Manager Frank Turner said, “Since DART’s arrival in Plano, the city has been focused on revitalizing its historic downtown with numerous public improvements and new  community developments like Junction 15 that are breathing life back into the city center. We look forward to leading the charge in transit-oriented developments that will continue to play a major role in revitalizing suburban areas.”

Junction 15 is a new five-story multifamily urban mid-rise community featuring 279-units in a variety of studio, one-, two- and three-bedroom apartments. Each floorplan was designed with a focus around larger living areas, walk-in closets and over-sized bathrooms. The luxury apartment homes also offer walk-in utility rooms in select units, hardwood-like flooring and chef-inspired kitchens great for entertaining. All of the apartment homes sit above 8,000 square feet of retail space anchored by a 7-Eleven convenience store. Other retailers include Paws Dog Barkery, The Day Spa, Amazeballz and Sweet as Sugar Children’s Boutique. The first Junction 15 residents began moving in mid-December 2014, and currently the property is 30 percent leased.

Junction 15 residents have access to a variety of amenities and conveniences, including a resort style pool, an outdoor cabana with flat screen TV, grilling stations and lounge area. Indoor amenities include a Precor Fitness Center and Verizon Fios Cyber Café equipped with Apple and PC options. Junction 15 also features a manicured courtyard with lounge areas and free wi-fi, as well as a wide tree-lined Douglas Walk that wraps around the community. Directly across the street residents can enjoy a 5-acre park with jogging trails as well as direct access to the DART Light Rail which serves most of the DFW area.

On display in the leasing center are a trio of commissioned paintings by artist Stephen Hall. The unique art features indigenous animals from this region, as well as various shapes and objects that imply a diversity in culture. Hall’s work has been featured in major motion pictures, music videos and magazines, as well as exhibits throughout the United States, India, Japan, Korea and Mexico.
A small farming community until the 1960’s, Plano has grown dramatically, while maintaining the attributes of its historic downtown. Steps away from Junction 15 residents can enjoy all the attractions of downtown Plano's historic district lined with landmarks, museums and restaurants. In addition, directly adjacent to the property is McCall Plaza, which will receive $1 million in improvements including an outdoor cafe, community events pavilion, and upgraded hardscape and landscape.

“The City of Plano has done an incredible job at morphing this area into the exemplary model for luxury apartment living,” added Downey. “Everybody is really into convenience, community programming and walkability, and downtown Plano has it all. As we expected, there is great demand for this resort-type lifestyle with convenient access to an active and growing urban lifestyle.”

Southern Land Company served as the developer, architect, general contractor and now serves as the property management and leasing agent for Junction 15. NXT Capital served as equity partner. Other Dallas-area Southern Land projects include The Lofts at Watters Creek in Allen, Texas; Arthouse in Keller, Texas and Tucker Hill in McKinney, Texas.

For more information about Junction 15 visit www.junction15apartments.com.

About Southern Land Company

Southern Land Company builds quality communities that enhance the lives of residents and tenants across the United States. With a comprehensive set of services that span the entire development cycle, Southern Land delivers distinctive settings where people want to live, work and shop. By upholding stringent standards for single-family, multifamily and mixed-use developments, the company creates projects with long-term viability that investors, residents, employees and partners can rely on. Founded in 1986, Southern Land is headquartered in Nashville, TN and develops properties in several key U.S. markets including Dallas. www.southernland.com.