Prosper approves $240 million Bella Prosper mixed-use project near Legacy Drive

Prosper’s fast-changing corridor south of First Street is set for a major shift after the Town Council approved Bella Prosper, a 62-acre mixed-use development near Legacy Drive. The $240 million project is designed to reshape the edge of the Dallas North Tollway corridor with restaurants, retail, offices, townhomes and a hotel, but residents are unlikely to see the full buildout for years.

The council gave final approval on June 9 after tabling the zoning case four times, a sign of how closely officials scrutinized the project before allowing it to move ahead. The Prosper Planning and Zoning Commission had unanimously recommended approval in September 2025, but the development changed repeatedly before winning support. In response to town staff and council concerns, the developer removed all multifamily housing and assisted living from the plan and reduced the number of townhomes.

That final version is a sharp turn from the proposal discussed in October 2025, when Bella Prosper still called for 435 multifamily units, 88 townhomes, 249 assisted living units, a full-service hotel, restaurants, retail shops, office buildings and an amphitheater. The earlier plan was valued at more than $300 million before revisions brought the approved version down to $240 million.

What survives is still ambitious. The project will unfold in four phases over nearly a decade, starting with retail and restaurants, then adding townhomes, office space and a child care facility, and ending with more office, additional retail and dining, plus a hotel. Town documents describe Bella Prosper as a walkable community with residential, commercial and recreational components, including a central park, an esplanade and a water feature.

That sequencing matters for Prosper residents because the first visible change should be storefront activity, not a finished district. Early retail and dining could draw traffic to Legacy Drive and First Street before the later phases add more daily users, more jobs and a broader mix of visitors. Council member Marcus Ray said the project had become a “quality product” after months of revisions.

Design work is expected to continue through 2027, with construction scheduled from 2028 through 2035. For Prosper, that means Bella Prosper is not a single development but a long-term bet on how far westward growth will push, and how quickly the town can turn one of its busiest corridors into a new center for shopping, work and stayover demand.