Plano North - July 2020

PLANONORTH EDITION

REAL ESTATE

ONLINE AT

2020EDITION

VOLUME 6, ISSUE 10  JULY 24AUG. 20, 2020

Plano inventory tightens further as home sales begin their rebound

Rebound in contracts

After being up more than 13% year over year in February, the number of homes under contract in Plano declined in the early days of the coronavirus pandemic. Realtors said listings have since rebounded, but there is not enough inventory to meet the demand.

BY DANIEL HOUSTON

region has been partly due to increased interest in home ownership, even as the coronavirus pandemic continues. “We saw buyers ready to make a move in June as dropping interest rates unlocked the option of [home ownership] for many, and made higher price points more aordable for those who have been saving to move into a larger home,” Long said in a statement. Throughout Collin County, home sales were higher in May than their lows in the early days of the corona- virus pandemic. But the number of homes under contract also rose year over year, jumping nearly 50% over CONTINUED ON 16

Plano’s housing inventory has been depleted further as the city’s limited supply of homes, particularly on the more aordable end of the spectrum, has continued to sell. In the month of May, Plano had less than a two-month supply of homes in a price range under $600,000—the sign of a market that typically favors sell- ers over buyers, according to industry experts. A housing market is generally thought to be balanced if it has about six months of inventory. David Long, president of the Col- lin County Association of Realtors, said the reduction in inventory in the

NUMBER OF HOMES UNDER CONTRACT IN PLANO

COVID-19 pandemic begins in North Texas

2018

2019

2020

400 300 200 100 0

MAY

FEB

MARCH

APRIL

SOURCE: COLLIN COUNTY ASSOCIATION OF REALTORSCOMMUNITY IMPACT NEWSPAPER

Plano ISDbraces for abnormal fall

Here’s a breakdown of how many Plano ISD students at each level opted into the remote learning option over in-person classes in advance of the 2020-21 school year. Data is based on preliminary results released July 17. Parents were asked to give an answer ahead of the school year with the option to change their preference at a later date. NEARLY HALF SIGNUP FOR REMOTE LEARNING

BY DANIEL HOUSTON

Elementary

Middle School

High School

Senior High

As Plano ISD navigates a rapidly changing environment, the district is preparing to start school remotely Aug. 12 while eyeing a return to classrooms for some students down the line. As of this paper’s print deadline, district ocials were still preparing to reopen campuses later in the year, CONTINUED ON 21

43.7%

49%

48.4%

50.8%

Chose remote learning Chose in-person classes

SOURCE: PLANO ISDCOMMUNITY IMPACT NEWSPAPER

TWO PLANO EDITIONS We are excited to announce we will deliver a North and South version of our Plano newspaper moving forward, giving our advertisers a more targeted way to reach our readers. North includes ZIP codes 75024, 75025 and 75023. South includes ZIP codes 75093, 75074, 75075 and 75094. Our commitment to reach every mailbox in Plano with local, relevant content remains at the center of our mission. We are excited to innovate in new ways to better serve our readers and advertisers.

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NONPROFIT FEATURE

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

THIS ISSUE

CONTENTS

HIGHLIGHTS FROMTHISMONTH

IMPACTS

4

Now Open, Coming Soon &more TODO LIST

MARKET TEAM GENERAL MANAGER Leanne Libby, llibby@communityimpact.com EDITOR Daniel Houston REPORTER Liesbeth Powers GRAPHIC DESIGNER Chase Autin ACCOUNT EXECUTIVE Rebecca Anderson, Stephanie Burnett MANAGING EDITOR Valerie Wigglesworth ART PRODUCTIONMANAGER Breanna Flores CORPORATE LEADERSHIP PUBLISHERS AND FOUNDERS John and Jennifer Garrett GROUP PUBLISHER Traci Rodriguez EXECUTIVE EDITOR Joe Warner METRO LEADERSHIP PUBLISHER Christal Howard John and Jennifer Garrett began Community Impact Newspaper in 2005 in Pugerville, Texas. The company’s mission is to build communities of informed citizens and thriving businesses through the collaboration of a passionate team. Today, we operate across six metropolitan areas, providing hyperlocal, nonpartisan news produced by our full-time journalists in each community we serve. BECOMEA#COMMUNITYPATRON Please join your friends and neighbors in support of Community Impact Newspaper ’s legacy of local, reliable reporting by making a contribution. Together, we can continue to ensure citizens stay informed and keep businesses thriving. COMMUNITYIMPACT.COM CIPATRON CONTACT US 7460 Warren Pkwy. Ste. 160 Frisco, TX 75034 • 2146189001 PRESS RELEASES plnnews@communityimpact.com SUBSCRIPTIONS communityimpact.com/subscriptions SUPPORT LOCAL JOURNALISM CREATIVE DIRECTOR Derek Sullivan SALES DIRECTOR Tess Coverman WHOWE ARE © 2020 Community Impact Newspaper Co. All Rights Reserved. No reproduction of any portion of this issue is allowed without written permission from the publisher.

FROMLEANNE: Nothing about this summer feels “normal” except for the heat. Vacations and activities have been altered dramatically, and we now know that the rst day of school will be held virtually as well. In this issue, we aim to inform our readers about what they need to know as their students prepare to return to the “classroom” at home. We’ve also taken a look at the latest trends in local real estate. Leanne Libby, GENERALMANAGER

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Local events and things to do TRANSPORTATIONUPDATES 7 Overview of road projects in Plano CITY& COUNTY 11 Latest local news

Real EstateEdition

FROMDANIEL: In this month’s issue, we’re bringing back our popular To-Do List (see Page 6). We had excluded this content in recent editions because of the number of canceled events and health concerns during the ongoing coronavirus pandemic. As we bring this page back, we are only listing events that are being held with recommended precautions against the virus. Also, check out our Impacts (see Page 4) for the latest local business updates. Daniel Houston, EDITOR

REAL ESTATE SNAPSHOT Annual stats from the Plano market REAL ESTATE

15

19

Residential market data

THIS ISSUE BY THE NUMBERS

Local sources 11

New openings 6

Community events 8

Pages of real estate info 6

NONPROFIT FEATURE

20

Our local teams tailor campaigns for all business sizes and industries wanting to reach their customer base and accomplish their nancial goals. Our products ADVERTISEWITHUS

DAILY INBOX Sign up for our daily e-newsletter to get local content more frequently in your inbox. communityimpact.com/ newsletter Read live updates and nd out what's happening in your city and nearby areas. communityimpact.com LIVE UPDATES

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Local coupons

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CORONAVIRUS COVERAGE All content in this print publication, both editorial and advertisements, was up to date as of the press deadline. Due to the fast-changing nature of this event, editorial and advertising information may have changed. Please visit communityimpact.com and advertiser websites for more information.

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PLANO NORTH EDITION • JULY 2020

IMPACTS

Businesses that have recently opened or are coming soon, relocating or expanding

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NOWOPEN 1 Vitality Bowls opened a new Plano location June 26 at 2100 Dallas Parkway, Ste. 132, Plano. Known for its health-oriented bowls, the restaurant also serves smoothies, juices, panin- is, soups and salads. The company has locations in 19 states, including three Dallas-Fort Worth locations. 469-969-0088. www.vitalitybowls.com 2 Little Rome , a new Italian restaurant option, opened July 10 at 2707 W. 15th St., Ste. B, Plano. The restaurant offers a wide array of Italian classics, includ- ing pizzas, pastas, salads and seafood options. In addition to dine-in and to-go options, Little Rome is available to host special events, such as private dinners and wedding receptions. 972-382-5602. www.thelittlerome.com 3 Anna Kaiser Technique opened a fitness studio July 16 at 1900 Preston Road, Ste. 219, Plano. The New York City-based company specializes in dance-based cardio exercise and per- sonal training. The Plano studio is the company’s first location in the state of

Texas, according to a news release. All workouts maintain six feet of distancing, the company said, and face masks are required at all times except during work- outs. 469-929-6700. www.theakt.com COMING SOON 4 Hardcore Fitness , a gym for people of all fitness levels, will open Aug. 1 at 3115 W. Parker Road, Ste. 335, Plano. Among the services the franchise offers are weights and personal training with an emphasis on Crossfit, boxing and cardio workouts. The Plano location will be Hardcore Fitness’ first in Texas; it has other gyms spread across California, Las Vegas and Orlando, Florida. For more information and a forthcoming class schedule, visit the website. 214-394-1418. www.hardcorefitnessbootcamp.com/ plano-tx 5 The owner behind The Shops at Legacy’s Circa 2000, which closed in June, is preparing to open a new, unnamed Plano clothing store in August at 1900 Preston Road, Ste. 131, Plano. The new store is expected to feature a hybrid business model, offering some new clothes for sale as well as high-end

consignment clothing. Customers will be able to review all of the store’s merchan- dise online. The store will also include a special area for proms and weddings as well as a florist, the owner said. No phone number or website was available as of this paper’s press deadline. 6 Protocol is opening an upscale men’s resale store in August at 6405 W. Parker Road, Ste. 320, Plano. The consignment store will feature men’s designer clothing. It will operate in the space in the shopping cen- ter formerly occupied by Kid to Kid. www.facebook.com/protocolplano RENOVATION 7 Phenix Salon Suites announced in early June it had reopened its Collin Creek location at 1017 N. Central Ex- pressway, Ste. 200, Plano. The location was renovated during the temporary closure and is under new management. New model suites and salon furniture were part of the renovation. The salon is observing the state’s safety guide- lines for businesses. 214-720-2258. www.phenixsalonsuites.com

1

Vitality Bowls

COURTESY MIKE CREWS

ANNIVERSARIES 8 College Hunks Hauling Junk will celebrate its 10th business anniversary Aug. 3. The franchise office is located at 3100 Independence Parkway, Ste. 201, Plano. The business specializes in hauling and junk removal services. The location serves the Plano and Frisco area. 972-362-9411. www.collegehunkshaulingjunk.com/ plano

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

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The city of Plano has opened its new police substation. (Screenshot via city of Plano)

FEATURED IMPACT NOWOPEN The Plano Police Department has opened its new substation, a project that has been years in the making as a greater share of the city’s population has shifted northwest. Plano Police Department began moving employees into the new space in June as they prepared for the full-scale opening, Plano Police Department spokesperson David Tilley said in an email. The multiyear project oers more space for police to work, and is located near the site of a new re training center. The re facility will be located across the street when it opens next year.

More than 100 police personnel, including sworn ocers and civilian employees, are expected to eventually work out of the 23,000-square-foot facility, which is located at 4640 McDermott Road, Plano. Funding for the nearly $11 million substation project came from one of the city’s 2017 bond packages.

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The restaurant has a bar that serves a variety of margaritas, cocktails and other beverages. (Courtesy Cruzitos Cocina Mexicana) FEATURED IMPACT NOWOPEN

The menu also includes breakfast options, such as huevos rancheros and Mexican breakfast tacos. The restaurant is located at 2300 14th St., Ste. 135, Plano. 469-562-4071. https://cruzitoscocinamexicana.com

Cruzitos Cocina Mexicana opened July 1 at the corner of Jupiter Road and 14th Street in east Plano. The restaurant and bar specializes in traditional Mexican cuisine, including enchiladas, quesadillas and tacos, among other menu items. The restaurant serves fresh, handmade tortillas. The bar serves a variety of margaritas and other mixed drinks and cocktails. Wines and domestic and imported beers are also available.

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PLANO NORTH EDITION • JULY 2020

TODO LIST

July & August events

Dr. Kwame Ennin Dr. Karim Elsharkawy Dr. Richard Reitman Dr. Roger Emerson

PLANOARTWALK DOWNTOWN PLANO

Downtown Plano will be home to a self-guided, self-paced, socially distanced version of the Plano Art Walk. The walk will feature tours of some of Plano’s sculpture, art and murals, with extra materials available online to help guide the process. Those interested can check out the attractions while walking, biking or driving. Visit the Plano Art Walk website for an introduction video and materials. Free. www.planoartwalk.com (Courtesy city of Plano)

31 in a series that had originally been planned for McCall Plaza in downtown Plano. As a precaution during the ongoing coronavirus pandemic, the concert series has been moved to a stream on the Plano Arts & Events Facebook page. The July 31 performer will be songwriter Michael O’Neal. Free. Noon-1 p.m. www.facebook.com/planoarts AUGUST 1 BUY PRODUCE AT THE WILLOW BEND FARMERS MARKET The Red Tent Market is continuing to operate on Saturdays at The Shops at Willow Bend, 6121 W. Park Blvd., Plano. Visitors can purchase produce and other items in an outdoor environment while following the state’s mask orders. Free (attendance); item prices vary. 9 a.m.-2 p.m. www.facebook.com/redtentmarket.net 13 ASK CITY OFFICIALS QUESTIONS AT A TOWN HALL The city will hold a town hall event Aug. 13 for sta to update residents on various matters and answer questions from the public. Residents will have the opportunity to follow the meeting online at www.plano.gov/210/plano-tv. Residents with a question can preregister to join the event’s telephone audience. Learn more at the city website. Free. 7-8 p.m. www.plano.gov

COMPILED BY DANIEL HOUSTON

JULY 27 TAKE A FREE ART CLASS LIVE ONLINE The city is holding a free, live, online art class aimed at people of varying ages and skill levels. The class uses watercolor paints and can be modied for colored pencils, markers or crayons. The classes are streamed live on Mondays on the Plano Arts & Events Facebook page. Missed classes are also available on demand at the Facebook page. Free. Noon-12:45 p.m. www.facebook.com/planoarts 30 BUDGET FOR COLLEGE WITH FREE ZOOM SESSIONS FOR TEENS The Plano Public Library is hosting a Zoom session on how to budget for college. The session will go over the costs students will have to plan out as well as how to create a budget using the Google Sheets tool. Attendees must register at the following link. https://bit.ly/2Ba8mBL. Free. 4-5 p.m. www.plano.gov/203/library 30 THROUGHAUG. 2 CATCH A SHOW AT WILLOW BEND CENTER FOR THE ARTS North Texas Performing Arts was planning to hold several theater performances over the rst weekend of August at 6121 W. Park Blvd., Ste. B216, Plano. As of this paper’s print deadline, the children’s theater groups were expected to perform productions of “Les Miserables: School Edition” and “Frozen Kids,” although the schedule may shift. The nonprot organization was selling tickets for an in-person audience as well as a virtual audience. Check the website for tickets and the latest schedule. Ticket prices and showtimes vary. 972-422-2575. www.northtexasperformingarts.org 31 MCCALL PLAZA CONCERT MOVES ONLINE The city will hold a virtual concert July

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Enjoy live music, classic movies and performing artists from the safety of your car at this event hosted by Brizo every Saturday night. $20 per car. 7:30-10:30 p.m. Brizo, 300 N. Coit Road, Richardson. 469-571-7350. www.facebook.com/driveintx

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Find more or submit Plano events at communityimpact.com/event-calendar. Event organizers can submit local events online to be considered for the print edition. Submitting details for consideration does not guarantee publication.

6

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

TRANSPORTATIONUPDATES

Serving Plano for 27 Years! Please help us reach year 28.

PLANO

Authentic Bavarian food & fun!

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Sommerfest Special featuring Schwammerl Schnitzel

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Open Tuesday - Saturday: Lunch 11:00am - 3:45pm, Dinner 4:00 - 9:00pm 221W Parker Rd, Ste 527 • 972-881-0705 • www.bavariangrill.com As the meadows start to green in the Bavarian mountains, people like to go hiking and afterwards they go to the local Gasthaus to enjoy some of these traditional, authentic summer favorites. Enjoy some of these traditional, authentic summer favorites available now! 75 N

4 Parker Road project A section of Parker Road is being af- fected by a new six-month construction project that will ultimately stretch from Independence Parkway to Preston Road. Construction will affect the roadway in both directions over the next month, primarily from Coit Road to Preston. One lane will be closed at all times, with an additional lane shut down during the day on weekdays and some Saturdays. Timeline: May-November Cost: $1.5 million Funding source: city of Plano 5 Plano Parkway project A new project on Plano Parkway was ex- pected to begin in June. The full project will extend from Preston Road to the Dallas North Tollway, with the earliest part starting between Winding Hollow Lane and Preston Road. One lane will be closed at all times, with an additional lane closed during the day on weekdays and some Saturdays. Timeline: June 2020-June 2021 Cost: $3.5 million Funding source: city of Plano 6 Preston Road Intersection project A project to expand the bridge where Preston Road meets President George Bush Turnpike began in March with the installation of traffic control devices along outside southbound lanes. Crews began demolition on outside lanes in March. Timeline: March 2020-February 2021 Funding sources: Texas Department of Transportation, city of Plano

COMPILED BY DANIEL HOUSTON

ONGOING PROJECTS 1 Coit Road project

Crews were making pavement and side- walk repairs on two stretches of sidewalk on Coit Road. One portion of the project was expected to be active between A Wyeth Drive and Denham Way, and an- other was between B McDermott Road and Hedgcoxe Road. One lane will remain closed at all times, with an additional lane closed during the day on weekdays. Timeline: January 2020-late 2021 Cost: $6.4 million Funding source: city of Plano 2 Alma Road project A project to repair pavement on Alma Road began in May. Crews were expected to move to northbound lanes in late July after completing the southbound lanes between Parker Road and Park Boulevard. One lane will be closed at all times during the project, with an additional lane closed on weekdays during the day. Timeline: May-August Cost: $800,000 Funding source: city of Plano 3 Jupiter Road project An extensive project to repair pavement and sidewalk on Jupiter Road began in early January. The project, which will eventually stretch from 14th Street to the northern city limits, will affect north- bound and southbound lanes this month between 18th Street and Park Boulevard. One lane will remain closed at all times, with an additional lane closed during most daytime hours on weekdays. Timeline: January 2020-summer 2021 Cost: $500,000 Funding source: city of Plano

ALL INFORMATION ON THIS PAGE WAS UPDATED AS OF JUNE 30. NEWS OR QUESTIONS ABOUT THESE OR OTHER LOCAL TRANSPORTATION PROJECTS? EMAIL US AT NEWS@COMMUNITYIMPACT.COM.

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PLANO NORTH EDITION • JULY 2020

Healthy, Safe and Open for You!

We’re so excited to welcome you back to The Behavior Exchange.

Your health and safety will always be a priority, so we’re following the latest Covid-19 guidelines including wearing masks to keep our hives in tip-top shape for your return. Many of our ABA therapy services are now available for in-person sessions, including One-on-One Therapy, B.E.E.S. (Behavior Exchange Early Start), and Parent Training. Social Skills Groups and Summer Camp will return once it’s safe to have fun and learn from each other in larger group settings.

Habitat for Humanity of Collin County will be accepting interested applicants for housing need during the month of July 2020. Qualified applicants must have the following: •A HOUSING NEED. •Show AN ABILITY TO PAY an affordable mortgage. •Be WILLING TO PARTNER with Habitat by working sweat equity hours. •Must live or work in Collin County for at least 1 year. DEADLINE: JULY 31, 2020

469.353.6634 Telehealth Hotline Monday-Saturday. 8:30 AM to 8:30 PM CST

Our Telehealth Services, that have become a lifeline for so many during the health crisis, are also still available and covered by insurance.

Getting back to a normal routine is so important, and we’re OPEN and ready to help with your safety in mind. Call us today to schedule an appointment! Questions or concerns? Email us!

A full list of qualifications can be found on our website For more details, visit: habitatcollincounty. org/homeownership

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

NEWS REPORT Collin County grows older, more diverse as population booms

BY DANIEL HOUSTON

Collin County’s rapid population expansion has resulted in a population that is both older and more racially and ethnically diverse than it was a decade ago. (Courtesy Visit Frisco) A CHANGING COUNTY Collin County is growing older and more diverse as its population continues to expand at a breakneck pace. Each number is a U.S. Census Bureau estimate as of July 1 that year.

from 63% to 55% of residents during the same span of time. The county’s increase in diversity was driven largely by growth in the Asian American and African Amer- ican populations. Asian Americans now make up 16.3% of the county’s residents, up from 11.5% in 2010. The county’s Black population is now 10.9% of the total, up from 8.8% a decade earlier. Residents of Hispanic ethnicity saw a smaller increase, from 14.7% of Collin County’s population in 2010 to 15.5% in 2019.

Collin County’s rapid growth has resulted in a population that is both older and more racially and ethni- cally diverse than it was a decade ago, according to the latest estimates from the U.S. Census Bureau. As more people moved to the county over the last decade, the share of the county’s population that is age 65 or older grew from 7.8% in 2010 to 11.3% in 2019. Collin County’s majority ethnic group, non-Hispanic whites, grew in number but declined as a share of the population, falling

The share of adults age 65 and older has continued to climb even as more families move into the area. Aging in place

The population of Collin County ballooned by nearly a third over the last decade. Population boom

1 million

12% 10%

8% 6% 4% 2% 0%

500,000

Share of the Collin County population that is non-white or Hispanic

Deepening diversity

The share of the Collin County population that is non-white or Hispanic rose from 37% in 2010 to 45% in 2019. Growth in the Black and Asian communities accounted for most of that increase.

37%

45%

2010

2019

SOURCE: U.S. CENSUS BUREAUCOMMUNITY IMPACT NEWSPAPER

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PLANO NORTH EDITION • JULY 2020

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

CITY& COUNTY

News from Plano

Plano City Council Meets at 7 p.m. on the second and fourth Mondays of the month. Meetings are held at 1520 K Ave., Plano, and can be streamed at www.plano.gov/210/plano-tv. Agendas are available at the city website. www.plano.gov Plano ISD board of trustees Expected to meet Aug. 4 and hold a work session Aug. 18. The board has been holding meetings via video conference in recent months, which can be streamed at www.pisd.edu/ pisdlive. Agendas are available at the district website. www.pisd.edu MEETINGSWE COVER PRIMARY RUNOFF COLLINCOUNTY Democrat Lorenzo Sanchez will face incumbent state Rep. Je Leach, R-Plano, in the November general election after winning his July 14 primary runo election. George Flint won his Republican runo race and will face Democrat Tonya J. Holt in November for 401st District judge. Lulu Seikaly will challenge U.S. Rep. Van Taylor, R-Plano, for Texas House District 3. Democrat Mary “MJ” Hegar will face Republican incumbent U.S. Sen. John Cornyn.

Governor’smask order in full force inPlano

BY DANIEL HOUSTON

public spaces—indoors or outdoors— when maintaining 6 feet of distance from other people is not feasible. Children under 10 years old or people who are exercising, driving alone or who have a relevant medical condition are not required to wear masks. Those who violate the order are subject to a warning. A second oense may result in a $250 ne.

PLANO The city moved quickly to enforce the Texas governor’s order requiring masks in most public spaces. Plano City Manager Mark Israelson said the city would enforce warnings and nes for the order Gov. Greg Abbott issued July 2, just as it had observed previous emergency orders. The mandate requires Texans to wear face coverings in businesses and

Gov. Greg Abbott signed an executive order July 2 requiring Texans to wear a face covering in counties with more than 20 positive COVID19 cases. (Screenshot via Gov. Greg Abbott YouTube video)

DART reports 55%hit to ridership sinceMarch

DART anticipates continued declines due to COVID-19 as well as major event cancellations, such as the State Fair of Texas, which brought millions of riders, Plesko said. The agency initially expected to serve almost 71 million riders in the 2020 scal year but is now projecting 48 million riders, ocials said. The agency has made emergency changes, including modied bus routes and schedules. A public hearing on other changes will be Aug. 11.

BY MAKENZIE PLUSNICK

presentation. The Trinity Rail- way Express and the light rail saw decreases of 75% and 64% respectively. “What is happening here is not unique to the Dallas area or the DART service area—it’s happening world- wide,” said Todd Plesko, DART’s vice president of service planning and scheduling.

DALLAS There has been a dramatic decline in the number of passengers using Dallas Area Rapid Transit ser- vices since the coronavirus pandemic took hold earlier this spring, according to a July 7 board presentation. The transit agency saw a 55% decrease in overall ridership since March 13, according to the

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PLANO NORTH EDITION • JULY 2020

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Community Impact Newspaper communityimpact.com Co munity Impact News aper co munityimpact.com

WAT C H F O R T H E U . S . C E N S U S B U R E A U B A G F R T H E U . S . C E N S U S B U R E A U B A G

FEWER CARS ON PLANO ROADS = FASTER ROAD CONSTRUCTION PROJECTS Have you noticed more construction cones and closures on Plano’s roads lately? The City of Plano is taking advantage of fewer cars on our roads during the COVID-19 pandemic by ramping up construction and working longer hours to complete projects faster. FEWER CARS ON PLANO ROA FASTER OAD CONSTRUCTIO Have you noticed more construction cones and clos r on Plano’s roads lately? The City of Plano is taking advantage of fewer cars on our oads during the C I - pandemic by ramping up construction and workin l hours to complet projects faster. Plano and Collin County declared a p li health emergency on March 16. Wit i few days, Plano traffic drop ed Plano and Collin County declared a public health emergency on March 16. Within a few days, Plano traffic dropped by 90 percent. Since then, traffic volume has leveled off to roughly half the normal number of cars and trucks traveling on our roadways. With the reduction in traffic, the City made two significant changes. First, traffic signal cycles were shortened by 40 to 60 made two signif cant changes. First, tr f i signal cy les wer shortened by 40 to 6 seconds to help speed up drive times. Second, the allowable period of time when two lanes of traffic can be closed for construction was extended. Before COVID-19, two lanes could only be closed during off peak traffic times, from 9 AM to 4 PM . With 50% fewer cars on the road, this time was extended from 8 AM to 5:30 PM . The extra time allows crews to complete projects faster. seconds to help speed up drive times. Second, the allowable period of time when two lanes of traf ic can be closed for construction was extended. Before COVID-19, two lanes could only be closed during off peak traffic times, from 9 AM to 4 PM . With 50% fewer cars on the road, this time was extende from 8 AM to 5:30 PM . The extra time allows crews to complet projects faster. One example is the improvement project at Presto and President George Bush Turnpike (PGBT). Lon er times are speeding up construction and lighter traf ic t PGBT allowed the North Texas Tollway Authority to l the tollway overnight for the project with minimal im t. The r duced traffic volume and longer allowable tim f lane closures i also helping with the panel replace t projects on Coit Road and Spring Cre k Parkway. The City conti ues to monitor traffic volumes, adjusti signal tim ng and allowable construction periods as r traffic volumes increase over time. One example is the improvement project at Preston Road and President George Bush Turnpike (PGBT). Longer work times are speeding up construction and lighter traffic on the PGBT allowed the North Texas Tollway Authority to close the tollway overnight for the project with minimal impact. The reduced traffic volume and longer allowable time for lane closures is also helping with the panel replacement projects on Coit Road and Spring Creek Parkway. The City continues to monitor traffic volumes, adjusting signal timing and allowable construction periods as our traffic volumes increase over time. 90 percent. Since then, traf ic l has level d off to roughly h lf t normal number of cars an tr traveling on our oadways. With the reduction in traf ic, the Cit

CENSUS TAKERS ARE KNOCKING ON DOORS ERS ARE I D ORS

If you forgot to complete your short census form, expect a visit from the U.S. Census Bureau. Avoid a knock, submit your form online. 2020Census.gov v id a knock, submit your form o line. 020Census.gov If you forgo to compl te your short census form, expect a v sit from the U.S. Census Bureau.

PLANO POLICE NORTHWEST SUBSTATION NOW OPERATIONAL I NORTHWEST SUBSTATION I AL moved into the new Plano t lice Substation on the west t . Located a the intersection t and Robinson, the new i ses various units of the t. ore than 1 0 Plano Police t erso nel, sworn and c vilian, t of the 23,172-square-f ot facility. j t as part of a 2017 Bond Election for public . pen to the public, the subs ation will provide r i es to citizens fo reporting crimes, obtai ing f r rts, as well as other police services. Officers have moved into the new Plano Northwest Police Substation on the west side of town. Located at the intersection of McDermott and Robinson, the new substation houses various units of the department. More than 100 Plano Police Department personnel, sworn and civilian, will work out of the 23,172-square-foot facility. The project was part of a 2017 Bond Election for public safety. Once open to the public, the substation will provide closer services to citizens for reporting crimes, obtaining copies of reports, as well as other police services.

Listen to the City’s monthly podcast at insideplano.com Sign up for weekly news update from the City of Plano at plano.gov/news Listen to he City’s monthly podcast at insideplan . Sign up for weekly news update from the City of Pla t

12

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

3

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FIND UP-TO-DATE INFORMATION ON THE CITY’S SOCIAL MEDIA CHANNELS AND PLANO.GOV/COVID19 FIND UP-TO-DATE INFORMATI ON THE CITY’S SOCIAL MEDI CHANNELS AND PLANO.GOV/COVID19

KEEPING YOURSELF, YOUR FAMILY AND THOSE AROUND YOU HEALTHY IS AS EASY AS 1-2-3! KEEPING YOURSELF, YOUR FAMILY AND THOSE AROUND YOU HEALTHY I AS EASY AS 1-2-3!

Wash your hands often with soap and water for at least 20 seconds.

Was your hands often with soap and w ter for at least 20 econds.

Maintain at least 6 feet distance between yourself and others.

Main ain at least 6 feet distance between yourself and others.

Wear a mask when around others.

Wear mask when around others.

TUNE IN: FIND GREAT CLASSES, PROGRAMS, HOW-TO INSTRUCTIONS AND MORE ON THE CITY’S YOUTUBE CHANNEL. NEW VIDEOS ARE ADDED WEEKLY! · Tour the New Plano Northwest Police Substation · DIY Literacy: Letter DIG · Live Art Class: Happy Little Tree · Take a tour of a Plano Fire-Rescue Ladder Truck! · Ask Plano – Severe Weather · And more! TUNE IN: FIND GREAT CLAS ES, PROGRAMS, HOW-TO INSTRUCTIONS AND MORE ON THE CITY’S YO TUBE CHANNEL. NEW VIDEOS ARE AD ED WEEKLY! · Tour th New Plan Northwest Police Substation · DIY Literacy: Letter DIG · Live Art Class: Happy Littl Tree · Take a t ur of Plano Fire-R scue Ladder Truck! · Ask Plano – Sever W ather · And more!

HOW TO PARTICIPATE IN CITY COUNCIL AND PLANNING & ZONING MEETINGS To speak at Council or Planning & Zoning meetings, you need to register by 5 p.m. at the URL location provided on the first page of the meeting’s agenda. Agendas are posted prior to meetings at plano.gov . you need to register by 5 p.m. at the URL location provided on the first pag of the meeting’s agenda. Agendas ar posted prior o mee ings at plano.gov . HOW TO PARTICIPATE IN ITY OUNCIL AND PLA NING & ZONING MEETINGS To speak at Council or Planning & Zoning meetings,

Please register only if you wish to speak. Comments for Council meetings may be submitted via email to CouncilComments@plano.gov by 5 p.m. the day of the meeting. Comments regarding Planning & Zoning agenda

Pl ase register only if you wish to speak. Comments for Counc l meetings may e subm tt d v a email to CouncilComments@plano.gov by 5 p.m. the day of the meeting. Comments re arding Planning & Zoni g genda

CITY OF PLANO COVID-19 HOTLINE 9 7 2 - 94 1 - 592 2 Staffed Mon - Fri, 9 a.m. - 5 p.m.

CITY OF PLANO COVID-19 HOTLINE 9 7 2 - 94 1 - 592 2 Staffed Mon - Fri, 9 a.m. - 5 p.m.

items should be sent by 5 p.m. to PZComments@plano.gov . View meetings live at facebook.com/cityofplanotx/ or planotv.org .

items should be sent by 5 p.m. to PZComments@plano.gov . Vi w meetings live at faceb ok. om/city fplanotx/ or planotv.org .

Voicemails left after hours will be responded to the next business day.

Voicemails left after hours will be responded to the xt business day.

youtube.com/CityofPlanoTexas yo tube.com/CityofPlanoTexas

13

PLANO NORTH EDITION • JULY 2020

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14

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

2020 REAL ESTATE EDITION COMMUNITY IMPACT NEWSPAPER IS PROUD TO SAY THANK YOU TO OUR SPONSOR

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201920 PLANO REAL ESTATE MARKET

AT AGLANCE

DAYS ON THEMARKET AVERAGE June 2018-May 2019

June 2019-May 2020

121 TOLL

75025

The housing market in Plano cooled a bit over the past year even as home prices continued to rise. Fewer homes sold from June 2019 to May 2020 than did in the previous year, and the average home spent longer on the market. These trends were reected across all area ZIP codes.

75024

75023

75024

75025

N

33

36

53

58

39

39

+9.1%

+9.4% 75075

0%

75023

DNT TOLL

75093

75074

75093 +18%

75074

75075

41

42

38

43

45

53

+2.4%

+13%

PGBT TOLL

Collin County

Texas

56

59

55

57

HOMES SOLD NUMBER OF

+5.3%

+3.6%

June 2018-May 2019

June 2019-May 2020

SOURCE: COLLIN COUNTY ASSOCIATION OF REALTORS, NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, NTREIS TRENDS © 2020 SHOWING TIME COMMUNITY IMPACT NEWSPAPER

626

389

HOME SALES PRICE MEDIAN

-3.83%

-7.19%

June 2018-May 2019

June 2019-May 2020

602

361

577

490

$291,000 $300,000 +3.09% $359,000 $365,000 +1.67% $316,750 $323,000 +1.97%

$430,000 $428,000 -0.47% $267,750 $270,000 +0.84% $464,400 $470,000 +1.20%

-6.06%

-4.08%

542

470

482

598

-4.14%

-2.00%

462

586

TOTAL HOMES SOLD IN PLANO

June 2018-May 2019

June 2019-May 2020

19%

20%

20%

19%

Collin County

Denton County

3,181 homes sold

3,043 homes sold

12%

15%

12%

15%

$335,000 $340,000 +1.49%

$312,500 $315,000 +0.80%

18%

16%

18%

16%

SOURCE: COLLIN COUNTY ASSOCIATION OF REALTORS, NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, NTREIS TRENDS © 2020 SHOWING TIME COMMUNITY IMPACT NEWSPAPER

15

PLANO NORTH EDITION • JULY 2020

CONTINUED FROM 1

Seller's market When the real estate market does not have enough houses to meet six months of buyers’ demand, it is considered to be a seller’s market. According to May gures, fewer than two months of housing inventory exist in Plano at all price points below $600,000.

pre-coronavirus levels in June 2019, according to the group. Despite this burgeoning sell- er’s market, home prices in Collin County held relatively steady in June, increasing by 1.7% over the same period the previous year. Plano, a largely built-out suburb in which new single-family residential construction has slowed in recent years, has added thousands of jobs at a number of new oce buildings, including the Toyota Motor North America headquarters and other oce campuses at Legacy West. “All housing demand is driven by job growth and population growth,” said Matt Enzler, senior managing director for Trammell Crow Residen- tial. “The Dallas [area] has enjoyed a pretty strong job growth market for the last decade. But that’s reversed.” In the last decade, Plano’s popu- lation growth slowed substantially, according to U.S. Census Bureau data. Plano’s real estate market also saw a decrease in the numbers of new list- ings and available homes at the onset of the coronavirus pandemic but saw an uptick in median sales price.

Long said listings have been bouncing back. Low housing inventory, however, has been a continuing trend in Plano. When coronavirus restrictions escalated in mid-March, the housing market took a hit as fewer Plano residents listed their homes on the market. Year over year, new home listings were down by nearly 18% in March and by close to 47% in April.

Buyer's market

Stable market (6 months)

4.6

3.9 3.6

Seller's market

1.9

1.5 1.9

Seller’s market: less than six months of inventory Buyer’s market: more than six months of inventory Stable market: six months of inventory

0.9 0.8 1.1

Sale prices

SOURCE: MLS DATACOMMUNITY IMPACT NEWSPAPER

decline for the third month in a row, according to May data from the National Association of Realtors and Texas A&M Real Estate Institute. Pending home sales in the nation, however, mounted a comeback in May, according to data from the National Association of Realtors. “The outlook has signicantly improved, as new home sales are expected to be higher this year than last, and annual existing home sales

InMay, new listings had rebounded but were still down by 30% compared to May 2019. “As we continue into the summer, hopefully, business will continue to pick up,” Long said. “We’re going to have this inventory shortage, I think, for years here because this is such a popular area.” While Plano saw increased sales in May, Texas fared dierently. The state saw sales of existing homes

are now projected to be down by less than 10%—even after missing the spring buying season,” said Lawrence Yun, chief economist for the National Association of Realtors, in a news release. Houses listed for less than $300,000 are seeing numerous buy- ers look at them, which often devel- ops into multiple-oer situations, Realtors said. In some cases, that competition is

16

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

REAL ESTATE 2020EDITION

The process of buying a home can be stressful. Here is what to expect in ve simple steps. COMPILED BY OLIVIA LUECKEMEYER FIRST-TIME HOMEBUYER'S GUIDE

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Knowing what you can aord is a crucial rst step. Online mortgage calculators can estimate monthly payments.

Work with a lender to discuss loan options, current interest rates and how much you can borrow.

Using apps like Zillow, buyers can narrow a search to nd homes that t their budget. A real estate agent can assist buyers with making the best oer.

Buyers typically have 45-60 days to secure their mortgage, which requires verication of income and assets.

A closing disclosure will list the fees owed. Closing costs include appraisal fees, title and homewowners insurance, property taxes and more.

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SOURCES: BANK OF AMERICA, FEDERAL RESERVE BANK OF ST. LOUIS, NATIONAL ASSOCIATION OF REALTORS COMMUNITY IMPACT NEWSPAPER

driving up prices, and buyers need to be prepared for that, said JP Piccinini, CEO and founder of JP and Associates Realtors. “You’d think that home prices would crash and tumble, … but obvi- ously, the economics of supply and demand helped prices go up with the demand,” he said. “We saw prices increase by 3% year over year in the month of May.” Realtors predicted a strong July for the real estate market, but the long- term condition of the market is still unknown. With coronavirus cases increas- ing, Piccinini noted that local gov- ernments have not shut down all businesses and services as they did earlier this year and that Realtors are continuing to see “tremendous

interest, as we would expect for the summer months.” The year could nish close to what was originally forecast, experts said. Long said he believes the housing market will rebound from the slow- down, much like it did after the 2008 downturn. “We did much better than many other parts of the country,” he said. “We came out of it much stronger, so I expect we’ll see something similar.” Miranda Jaimes and William C. Wadsack contributed to this report.

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PLANO NORTH EDITION • JULY 2020

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