Willow Bend Arena Home Values
At a glance
Based on uploaded (human-made) captions; some stretches are fragmentary and dollar figures are uncertain.
- What: a study of how large venues have affected nearby home values, requested by the advisory committee to address neighbors' concerns.
- Where it stands: presented 2026-10-12; no action. Findings: no evidence of a downward pull on nearby residential values; lower-value homes gain a larger percentage, higher-value homes appreciate more slowly.
- Next: phase two residential market study, with scope still being set.
Findings
- Nearby neighborhoods are stable; redevelopment of the surrounding area is limited to a small share of land near the site.
- Redevelopment with an anchor venue could be an upside; the next phase would also examine the shopping center's closure period and a closer ring around the site.
Questions
- Deputy Mayor Pro Tem Quintanilla asked why only two California venues and one Texas venue were compared; staff said the committee helped choose suburban, residential-adjacent venues and more Texas comparisons could be added.
Sources
- 2026-10-12 - City Council (video and captions)
- Preliminary open meeting agenda: https://plano.legistar1.com/plano/meetings/2026/10/1176_A_City_Council_Preliminary_Open_Meeting_26-10-12_City_Council_Agenda.pdf
- Regular meeting agenda: https://plano.legistar1.com/plano/meetings/2026/10/1155_A_City_Council_26-10-12_City_Council_Agenda.pdf
Discussion time
About 11 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-12 - City Council | 11 |
Log
- 2026-10-12 - City Council - consultant presentation; council asked about the choice of comparison venues.