The construction site of a luxury apartment complex in Princeton is struggling to reach completion – NBC 5 Dallas-Fort Worth

A luxury apartment project is under construction on Highway 380 in Princeton. It’s something that neighbor Marylou Pettis hoped would beautify the area and improve property values.

“It’s been a long time,” Marylou Pettis said. “Sometimes they work and sometimes they stop work. It just continues.”

How long? The city of Princeton said the project was approved in 2017 and construction began in 2021, but all construction activity stopped in 2023 after a city inspection.

A member of the ownership group told NBC 5 that work stopped because a contractor left the site in May 2023 after credit issues.

“It’s just getting worse there,” Pettis said. “It’s an eyesore.”

And potentially dangerous according to the city.

In an online statement, the city said the unfinished construction works, in part, threaten the public health, safety and welfare of the community.

Because it is exposed to the elements, there is also the potential development of mold and other pathogens.

These are some of the same concerns Pettis had.

“My biggest concern is all the rodents and bugs and mold and the people who end up living in them,” Pettis said.

The city gave the property until June 16 to bring the property into full compliance, remove it or demolish it.

The owners have recently replaced the weatherproof cladding on some buildings.

A mold inspection was also conducted and some raised areas of concern were found. A remediation plan was submitted to the city. The city says they want an outside engineer to look at that plan to see if it will work because of major health and safety concerns.

The owners say they are now working with a new lender to refinance and restart the project.

Neighbors said they’re not so sure this will ever happen.

“Right now, I don’t know if it will be completed if they get a new contractor because it’s happened before,” Pettis said.

The owners said once construction resumes, the project could be completed within nine months.

City officials say no permit applications have been submitted as of Friday.

Click here for more information about the City of Princeton’s project.