Plano councilmembers officially approved a redevelopment plan for Collin Creek Mall on Monday.
In a unanimous vote, the council signed off on the proposal by Centurion American Development Group that would change the site into a mixed-use complex with new retail, entertainment, office, housing and a hotel.
Most of the existing mall structure, which has only a handful of stores left operating inside, will be demolished. Some of the mall will be kept and converted into an open-air shopping experience.
At one point the developers explored removing the cap over the natural Collin Creek that runs under the parking lots, but they opted to keep it covered and will install manmade water features as part of an open plaza and gathering space on the site. Developers plan to have more than 8 acres of parks on the 100-acre site and install a trail.
The first phase of construction, which could begin as soon as this summer, features the updated retail space and residential. Some of the housing will be apartments as well as townhouses and senior living space.
Collin Creek Mall opened in 1981 and is located near Central Expressway in southern Plano.