Carbon Companies and Greenway Investment Company, Dallas-based privately owned real estate firms, secured a loan for approximately $125 million to finalize the large-scale, luxury multifamily development, The Links on PGA Parkway, in Frisco, Texas. The loan, arranged by the Carbon Companies team, will be used to complete the final phases of the four-phase, 38-acre development.
The Links on PGA Parkway is located at 15950 Paramount Way in Frisco, off of PGA Pkwy and Dallas North Tollway. The first two phases of the development, which opened in December 2021 and October 2023, introduced 690 units and a two-acre city park. With financing secured for the final two phases, an additional 620 podium-style units will be constructed with 815 underground parking spots. Each building will be complete with its own state-of-the-art wellness facilities and resort-style amenities. The Links on PGA Parkway will offer a total of 1,310 residential units after all phases of the development are complete.
“We are grateful to all of our partners for working together to secure the loan to deliver the final phases of The Links on PGA Parkway,” says Ed Garahan, CEO of Carbon Companies. “We are proud of this development and look forward to offering luxury housing to more residents in Frisco.”
The first two phases of the community feature a mix of one, two, and three-bedroom apartments with modern finishes and appliances, stylish interiors, top-tier amenities, and spacious common areas. The state-of-the-art amenities include two resort-style pools with outdoor lounges, two clubhouses, two fitness centers, a grab-and-go market offering grocery essentials, an advanced golf simulator, and complimentary yoga classes and golf lessons from local golf professionals.
Located in the heart of the Frisco Urban Village, The Links on PGA Parkway is at the center of a rapidly growing and desirable area. Ideally situated near the Omni PGA Frisco Resort & Spa – home to two 18-hole championship golf courses – PGA of America Headquarters, The Star, Stonebriar Centre, and Baylor Scott & White’s Health Complex, the residential community offers unparalleled comfort and convenience. With an array of dining and entertainment options nearby and easy access to the Dallas North Tollway, residents can enjoy luxury and accessibility.
There are also several highly-anticipated, unique developments in the pipeline nearby, including Universal Kids Resort set to open in 2026, and the Fields West village which will feature premier retail, dining, entertainment, office spaces, and residences. Just across the street, Firefly Park is set to transform 160 acres into a vibrant destination, complete with a 45-acre park, scenic biking and walking trails, water features, luxury townhomes, multifamily residences, and an upscale hotel, all slated for completion in 2027. Adding to the area’s appeal, the City of Frisco and Prosper Independent School District plan to partner to develop the over $300 million, state-of-the-art “ Frisco Center for the Arts” performance hall, to be located at the northwest corner of the Dallas North Tollway and PGA Parkway.
With the completion of the Dallas North Tollway expansion and easy access to top attractions in the area, The Links on PGA Parkway offers an unbeatable location. Once its third and fourth phases are completed in 2027, this luxury multifamily development will be home to nearly 2,000 residents in the Frisco Urban Village.