The developer of the community formerly known as EPIC City is seeking to move forward with the project — despite a lawsuit Attorney General Ken Paxton filed against the developer last month.
Community Capital Partners, the corporate entity for the Muslim-oriented housing development EPIC City, has submitted routine documents to Collin County for The Meadow according to a recent press release from the company. The developer confirmed last November the community was renamed The Meadow.
The plans submitted focus on routine technical issues for the county’s review, including infrastructure, drainage, utilities and safety plans.
The 402-acre proposed development would be in unincorporated Collin and Hunt counties, roughly 40 miles northeast of Dallas near the city of Josephine. It would include a new mosque, more than 1,000 single and multi-family homes, a K-12 faith-based school, senior housing, an outreach center, commercial developments, sports facilities, and a community college.
Paxton filed a lawsuit last month against Community Capital Partners and the mosque affiliated with the housing development, the East Plano Islamic Center, accusing them of engaging in fraudulent practices while soliciting funds and failing to legally verify their status as "accredited investors."
The suit comes after Paxton claimed in November his office found evidence EPIC violated state and federal laws.
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” Paxton said in a December press release. “I will relentlessly bring the full force of the law against anyone who thinks they can ignore the rules and hurt Texans. The unlawful land project known as EPIC City will be stopped, and those responsible will be barred from ever creating another fraudulent operation like this again.”
The proposed housing development has faced four state investigations, including claims the project could be discriminating against non-Muslims in violation of the Texas Fair Housing Act, potential financial harm to investors, potential violations of Texas consumer protection laws and operating illegal funeral services.
The federal probe was closed in June and The Texas Workforce Commission resolved all fair housing allegations in September.
A Texas State Securities board investigation of the project found the developer and the mosque’s actions didn’t constitute securities fraud under state law according to a press release from the board last month. The board issued the press release after a Fox News article claimed Securities Commissioner Travis Iles said the board referred the matter to the Attorney General’s Office after finding “flagrant violations.”
A press release from the board said the article’s claims were false and that the reporter who wrote the article didn’t respond when asked who provided the quote.
The Securities Board gave the Attorney General’s Office the information from its investigation. But Community Capital Partners said in its press release Paxton still moved forward with his own lawsuit.
“Despite this, the Attorney General proceeded with a securities-related lawsuit asserting violations that the Securities Board had already determined were not supported under Texas securities law,” the press release said.
Paxton faced his own allegations of securities fraud and other illegal activities that led to his impeachment in 2023 – but not removal from office. He was accused of encouraging people to invest more than $600,000 in technology company Servergy Inc. without disclosing he was making a commission and misrepresenting himself as an investor. He was also charged with failing to register with state securities regulators for soliciting clients for investment firm Mowery Capital Management in return for fees.
In 2024, the federal case ended in a deal with prosecutors dropping the charges so long as Paxton paid nearly $300,000 in restitution.
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