Stalled Prosper Arts District project refocuses on retail

The $300 million Prosper Arts District project is shifting its development strategy to focus on retail after previous plans with a single developer fell through. Capitalize Ventures now plans to work with multiple partners to develop the 35-acre site in pieces, starting with a boutique shopping area. The goal remains to create a commercial destination featuring grocery, dining, and entertainment options consistent with original town council approvals.