A sprawling 58-acre campus at 3700 S. Stonebridge Drive that once housed Globe Life is on track for a serious second act as Rowlett Station, a mixed-use city-within-a-city promising hundreds of new homes, shops and office space. The plan keeps the roughly 300,000-square-foot office building and carves out about 14.5 acres for apartments and nearly 10 acres for retail. McKinney officials recently rezoned roughly 14 acres for multifamily use, and both the developer and the city have pegged on-site infrastructure work to a window that could open in early 2027.
Craig International, the McKinney-based developer led by David Craig, announced the project after winning the redevelopment bid through a request-for-proposal process, as reported by Community Impact. In a statement, the company said the site offers "exceptional scale, location and optionality" and that Rowlett Station is intended to stitch together trails and open space along Rowlett Creek. Globe Life itself announced plans in February 2025 to relocate its headquarters within McKinney and ultimately moved into a roughly 200,000-square-foot building on Henneman Way, detailing the move in a Globe Life news release.
Project details and scale
The preliminary master plan calls for roughly 368 multifamily units on about 14.5 acres, about 33.5 acres to remain as an office campus that includes the existing 300,000-square-foot building, and nearly 10 acres for retail, according to Connect CRE. Developer materials and local coverage put the phased project's potential ad valorem value at around $200 million when it is fully built out.
Timeline, zoning and next steps
In early June, McKinney's City Council voted unanimously to rezone the acreage earmarked for apartments to a multifamily residential district, clearing a key hurdle before a formal site plan can be submitted. Additional development partners, branding and phased-construction details are expected to roll out in the coming months, and Chron reports that WFAA has suggested on-site infrastructure work could start as early as the first quarter of 2027.
Why it matters for McKinney
Turning a single-tenant corporate campus into a mixed-use neighborhood is part of a broader North Texas pattern, as owners try to reposition oversized office properties that no longer fit the market. Industry coverage has been flagging the trend, including reporting by The Real Deal. For nearby residents, Rowlett Station could mean more housing choices, new places to shop and eat, and a bigger tax base, while elected leaders and city planners will be watching traffic, school capacity and utilities as Craig International moves the project from master plan to permits and, eventually, construction.
"If you looked at this from just an AV value right now, on our tax rolls, Globe Life is $51 million," David Craig told reporters, estimating the mixed-use project's eventual ad valorem value at roughly $200 million, as reported by Chron. Project officials say a formal apartment site plan will be filed soon, which will kick off the standard public notice, comment and permitting process that neighbors and local officials are already gearing up to scrutinize.
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