The new shopping area in Allen/Fairview should be very nice and will attract more growth to that part of Collin County. The location of the home in proximity to the new development will determine the desireability of the home. For example, if traffic will be an issue getting into your neighborhood, that would not be a desired trait. If the home backs directly to a parking lot, that would not be desirable. However, having great shopping and dining close to home are things many home buyers are looking for.
I have noticed that you have asked for alot of advice on buying a home in the Collin County area in general, and it doesn't appear that you have narrowed down a specific city/location. If you would like some additional information about homes that may fit your needs, I would be happy to help. Please just let me know what it is that you are looking for, and I will offer some suggestions on cities and/or neighborhoods that may meet your needs. I specialize in the areas you are searching including: Plano, Murphy, Wylie...up to Parker, Lucas, Allen...and into McKinney and Princeton. Please feel free to contact me for more personalized information.
I hope that you find what you are looking for. There are so many wonderful communities in our area. Have a wonderful week.
Coldwell Banker, Jane Henry Realtors