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AllenTowne

Allen, Texas

Located 27 miles north of downtown Dallas, AllenTowne lies at the intersection of Highway 121 and U.S. Highway 75 in Allen, TX. When acquired, AllenTowne was to be developed into a one million-square-foot development with residential, office, retail and hotel components. The Allen Economic Development Corporation aggressively works to attract businesses to Allen. Agricultural property tax exemptions are in place for most of the property, significantly reducing carrying costs.