Celina Downtown Multifamily

At 800 Louisiana St in Celina, a new construction project is underway that will add 423,778 sq ft of housing to the community. The development, filed as Celina Downtown Multifamily, consists of eight three-story apartment buildings. This scale is significant for the area, as it represents a major addition to the local housing stock in Collin County.

The project is owned by Celina Downtown 1 Owner LLC and designed by Bennett Partners. The scope includes an amenity suite, a pool and courtyard, and a dedicated leasing office. With an estimated cost of $30,000,000, the investment supports a high-density residential development in a private location. The construction is privately funded and intended for private use, distinct from public infrastructure projects.

TDLR registered the project in August 2024, and plan review was completed in the same month. Construction was scheduled to begin in October 2024, with a planned completion date of December 2025. Although that date has passed, the public record indicates that TDLR has not yet recorded a final inspection. Therefore, the current state of the site is not confirmed in the public record, and the project remains in a status of review complete.

The design firm, Bennett Partners, has experience with large-scale projects in Texas. Other filings for this firm include the Fort Worth Convention Center and All Saints Episcopal School in Fort Worth. This track record suggests a capability for managing complex, multi-building developments. The project fits within a broader pattern of new construction and renovations in Celina, including nearby projects like Preston Point MT 2 and 25149 Texas Bank Gunter.

For context, the estimated cost of $30,000,000 is above the median estimated cost for new construction filings in Collin County, which is $800,000. The size of 423,778 sq ft is also well above the county median of 7,098 sq ft. The scheduled build window of 456 days is longer than the county median of 212 days. These figures place the project in the upper range of scale and duration for similar filings in the region, reflecting its size and complexity.

The area surrounding the project has a median household income of $166,064 and a median owner-occupied home value of $471,300, according to U.S. Census estimates for ZIP 75009. The housing stock is predominantly owner-occupied, with about 9,943 housing units. This project adds a substantial number of rental units to a market that is primarily owned, potentially influencing local housing dynamics. The construction activity aligns with the broader development trends in Collin County, where new residential projects are increasingly common.