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Developers detail plans for 2 more Legacy office towers in Plano

 

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Tier REIT plans to build two office towers with over 600,000 square feet on the vacant tract, next to the former Encana Oil & Gas Tower at 5851 Legacy Circle.

 

The towers would be 10 and 11 stories tall. Tier REIT plans to build them in partnership with Dallas-based Lincoln Property Co.

 

The two firms have been marketing the projects to potential tenants, real estate brokers say.

 

 

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Shippers Warehouse Inc. Moving Corporate Headquarters to Prime Pointe

 

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A new, 556,000-square-foot, build-to-suit distribution center development is on the way at Prime Pointe, the 3,000-acre industrial park in southern Dallas County. 

Duke Realty signed a long-term lease with logistics company Shippers Warehouse Inc. for a second build-to-suit warehouse at the industrial park. 

 

The first building, Prime Pointe 1005, is a 589,362-square-foot distribution center and was delivered in April 2016.

 

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The new building will include 86 dock doors, one drive-in door, and five rail doors, and the corporate headquarters will be located among the 17,500 square feet of provided office space. 

 

The property will include space for 130 cars, 132 trailer spaces, and a 185-foot truck court to accommodate loading.

 

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The new building is planned to be completed in the first quarter of 2018.

 

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Raytheon's old Garland campus will become new business park

 

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An old Garland industrial complex that started out as an aircraft manufacturing hub will be the site of a new business park.

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"We are going to build new industrial buildings."

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Langford said he plans to demolish more than 800,000 square feet of old buildings on the property, some dating to 1957.

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Langford said he and business partner Brian Flaherty plan to start demolition of the old Raytheon buildings right away.

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The developers plan to build two office and industrial buildings with almost 800,000 square feet.

 

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Mesquite lands huge $65 million furniture distribution center project

 

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Ashley Furniture Industries Inc. will build a $65 million, 850,000-square-foot southwest regional distribution and fulfillment center on 358 acres in eastern Mesquite.

 

The project will have a full-time employment of 350 workers after it opens.

 

Mesquite has agreed to provide tax abatement incentives and will waive development fees for the project.

 

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The new warehouse will be at 790 Faithon P. Lucas Blvd.

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Dallas-Fort Worth is one of the top industrial and warehousing markets in the country. 

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More than 20 million square feet of local warehouse projects were under construction at the end of 2016.

 

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Lighting firm moving HQ to Frisco's new Park 25 business park

 

Frisco has landed a second business for its new 216-acre Park 25 business park.



 

Stream Realty Partners said Wednesday that it will build a 152,000-square-foot office and industrial building to house PowerSecure Lighting and other tenants in the project on Preston Road.

 

The LED lighting products firm will move its North Texas corporate headquarters to 76,000 square feet in the building.

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Construction kicks off on 17-acre park in Richardson's CityLine project

 

The first 11-acres of the Fox Creek Park at CityLine will include a footbridge, pedestrian and bike trails, a pavilion and playgrounds.


The park located north of Renner Road is the largest of three public areas in the huge development that include State Farm Insurance's regional office campus.


Construction on the first phase of the park is scheduled for completion by the end of 2017.

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Richardson's CityLine project gets its first single-family home community

 

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Construction has started on the next phase of the $1.5 billion CityLine project in Richardson.

 

The Residecnes at CityLine community will include 32 single-family homes located just north of Renner Road.

 

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The project will offer homes starting with a 2,676-square-foot, 3 bedroom model priced at $549,900.

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The 186-acre mixed-use development includes, office, retail, a hotel and thousands of apartments. State Farm Insurance and Raytheon have more than 10,000 workers in the development.

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Eventually 30,000 people are expected to be working in the CityLine project.

 

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Apartment builders buy high-profile Las Colinas building site

 

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Apartment builder JPI has purchased another development site in Las Colinas' booming Urban Center.

 

JPI bought more than five acres on the south side of Northwest Highway along the DART commuter rail line. 

 

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JPI plans to build 387 more apartments in the Jefferson on Promenade project it will build on the just-purchase Northwest Highway site. It has an option to buy the land next door for another 375 rental units.

 

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One of Frisco Station's developers plans huge new apartment community

 

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Plans filed with the city of Frisco show that the planned Preston Road apartment project will include a dozen 3-story buildings  along a broad central boulevard.


The land being used for the new rental community has been owned for decades by Rudman Family Partnership.



"This tract is part of the original 700-acre block that Mr. Rudman bought back in 1962," said Trey Sibley, general manager of the Rudman Partnership, which has 17,000 acres in North and Northeast Texas.  

"We have had the multi-family zoning since 1997 and are just now getting around to it.

 

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Three-story building with restaurants, rooftop patios, event center planned for old downtown Frisco

 

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A developer is planning a three-story building in old downtown Frisco that will include two rooftop patios, a rooftop park, restaurants, and an event center as well as retail and office space.

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“We’re trying to create the rebirth of downtown, where people can go eat, shop and stay,” Churchman said.


Churchman said his focus on this project is to maintain historical downtown Frisco.

“With the bigger projects happening along the Dallas North Tollway, sometimes we forget what started this city and [what started it is] right here in old downtown Frisco,” Churchman said.

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He is set to present the downtown project to the Frisco Planning and Zoning Commission on April 11, when he is expected to ask the commission to rezone the property to Old Town Commercial.


If approved by the P&Z and City Council, Churchman said he is expecting to break ground at the beginning of fall.

 

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New retail, restaurant development in works along Northwest Highway in Grapevine

 

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Chris Leighton, a broker for Westwood, said the company decided to purchase the land as Grapevine Station is 99 percent leased out.

 

Leighton said the development will feature high-end retail, office and restaurants spaces. He said a bank or pad site uses could be a possibility as well.

“We are still working with our architect to get the site plan where we want it but hopefully we will start some [ground] work later this year and start the [pad site] work off with two retail buildings and two office buildings in early 2018.”

 

 

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Hotel, corporate lodging concept starting near DFW Airport

 

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The franchised property, called WaterWalk Las Colinas, will be owned by a Wichita-based investment group led by Allen Dunne, CEO and owner of Dunne Investments and Dunne Property Co.


The property will be located near Dallas/Fort Worth International Airport near the George Bush Turnpike and West Royal Lane in Irving.


Each location will have added space typically seen in apartment homes with hotel services. The furnished and semi-furnished suites have a kitchen, washer and dryer, fitness center, bike storage and other amenities for residents and visitors.

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Irving developer to build 456-unit community in Richardson's Telecom Corridor

 

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The community, called Jefferson Woods, is underway by Irving-based JPI near North Central Expressway and Glenville Drive and expects to begin delivering units in summer 2018.


The property's location adjacent to Spring Creek Nature Area and the CityLine development in Richardson will attract a number of residents wanting to live near a work environment with amenities, said Matt Brendel, senior vice president and development partner at JPI.



The terms of the financing deal were undisclosed. Dallas-based JHP is the architecture firm designing the project.

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Las Colinas office buildings will get park in makeover

 

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"The differences are going to be night and day — very light and bright," Josh Hedderich, senior vice president of asset management for Parmenter, said in a statement. 

 

"Mandalay Tower 2's lobby will have a new reception desk, seating areas, and a lounge component with new furniture and pendant light fixtures."

 

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The redevelopment will include a 1-acre park built among the three high-rises. Complete Landsculpture designed the park area.

 

The renovations to the three towers are scheduled to be finished this summer.

 

 

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Aerospace giant Boeing to create global services HQ at Plano's Legacy West

 

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DMN

The newly formed company expects to be up and operational at the site in July.


The executive team for Boeing Global Services will serve about 20,000 employees throughout the world.



The central location in the United States will help assist in Boeing Global Services' plans for worldwide service, Deal said.


The business unit decided to put its headquarters in Dallas because Aviall currently has a sizable presence in North Texas. Availl Inc., a Boeing company specializing in aircraft parts, is located along Regent Boulevard in Dallas.


"It is their upper-level management with an exposure to an incredible array of companies from all over the world that will come and visit this location for business purposes," LaRosiliere told the DBJ.

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Frisco Station hotel project starts this week

 

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Fort Worth Business

 

Construction kicks off this week on the next phase of the $1.5 billion Frisco Station development.


The first phase of the development will include an AC Hotel and Residence Inn -- both Marriott properties.



The new hotels will include 300 rooms.

NewcrestImage's project is also planned to include a Canopy by Hilton in another phase.

 

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Allen approves $91 million convention center and hotel on U.S. 75

 

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The 7-acre project on U.S. Highway 75 is intended to give the city a way to snag a slice of the growing event and meeting business in Collin County.


Dallas-based Altera Development is building the project, which will include a 300-room Marriott Hotel, 90,000 square feet of convention and meeting space and a 1,000-car parking garage.



"We had the expectation we would break ground a year ago, but we had the wrong design," Bowman said. "Now it's six stories, and we've made it larger."

Altera Development principal Mike Kennedy said the hotel will be operated as a Delta by Marriott, one of the company's newest full-service brands.

 

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Collin College starts construction of new training facility in McKinney

 

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Collin College broke ground Friday on the new Public Safety Training Center, which was also the official launch of the college’s master plan.


The new facility, which will be located at 3600 Redbud Blvd., McKinney, will house the college’s fire science and law enforcement academies and a professional development-training site for Collin County’s emergency services personnel. The center is being built in cooperation with the cities of McKinney and Allen. The cities will also provide funds for the new facility.



The 128,000-square-foot training center will include two multistory burn towers for fire training in residential and commercial firefighting settings. The Fire Science Academy areas of the facility will also include specialized simulators for training in hazardous materials fires and spills, civil aircraft and below-grade rescue in earth collapse extrications.


The center is expected to be complete by summer 2018.

 

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Plano officials pursue land for public park at Legacy West

 

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Plano City Council on Monday approved the terms of a contract to purchase a grassy, 7-acre site for $9.9 million. The site is located across the street from some of the city’s most prominent construction projects. 



The land purchase is currently unfunded, and would only go through if voters pass a $78.9 million bond package for parks projects in the May 6 elections.

“The park in Legacy West will be a neighborhood park to serve the growing number of residents in the area,” City Parks Director Robin Reeves wrote in an email. “It will likely be more urban in character than a typical neighborhood park.”

 

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New Allen mixed-use project will include shopping center and apartments

 

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CityofAllen

 

The restaurant portion of the development will have 23 retail and restaurant buildings totaling more than 342,000 square feet.


"This is a first-class shopping center," Ben Roodhouse, vice president with RPS Development, told the Allen city council, which just approved the development.



Along with the retail, 638 apartments will be built in a series of three- and-four story buildings on the east side of the development.

 

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Allen Selects Builder for $10 Million Park

 

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Construction of Allen’s newest community park is expected to begin in May.



The 75-acre complex will be the first community park on the west side of Allen. Located at the southwest corner of Ridgeview Drive and Bray Central Drive, it will feature a lighted softball complex with artificial turf, multi-use fields, a looped pedestrian trail, nature trails and a playground. 

A central restroom facility and concession stand will make the new park an attractive option for large tournaments. Twenty-five acres of the park will be kept as natural land.

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Pharmacy group starts division HQ campus in Carrollton with plans to employ 3,000

 

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The initial phase totaling $113 million with 300,000 square feet of space is slated to be completed in 2019.


"This will be the headquarters for our specialty pharmaceuticals and will be the headquarters for operations throughout the United State and the world," James Frary, executive vice president and president of AmerisourceBergen Specialty Group, told the Dallas Business Journal.


This is the first step in the divisional corporate campus — a two-phased development — becoming a reality and giving AmerisourceBergen Specialty Group a place to relocate about 1,200 existing employees to the campus in 2019.



In the next 10 years, AmerisourceBergen Specialty Group plans to hire an additional 1,100 employees with the hopes of bringing its North Texas employee base to 3,000 associates.


Gensler helped create a collaborative campus that marries the beauty of the outdoor space on a bluff overlooking a creek bed and a water feature with an open interior with floor-to-ceiling windows and modern, clean lines.

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First Allen and now McKinney eyes a conference center and hotel project

 

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The $69 million McKinney development would contain a Marriott hotel and 33,000 square feet of meeting space. The developers are asking the city to contribute to the project.

 

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The hotel would be operated as a Marriott Autograph Hotel, which has more than 100 locations and 70 more on the way.

 

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The city is being asked to contribute $18 million in economic incentives to the project. The money would come in the form of a $3 million grant, a $5 million loan and $10 million in tax rebates over 10 years.

 

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Two high-rise residential projects on the boards for Frisco's Star and Station projects

 

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The 240-acre Frisco Station is planning for a 20-story "urban living" building at Gaylord and John Hickman parkways.



The proposed high-rise would be part of a retail, restaurant, hotel and entertainment complex that Frisco Station developers are calling The Hub.

"We have had a lot of interest in this type of product so we are trying to keep all of our options open," said Trey Sibley, general manager of The Rudman Partnership, one of the partners in Frisco Station.

 

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Next door at The Star, developers have filed new plans with the city for a residential building with a "minimum 17 stories."

 

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Grapevine council OKs 371-unit multifamily project on SH 26

 

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The apartments and the office building will be located on a 52-acre development at SH 26 and Bass Pro Drive called Silver Lake Crossings. 



Amenities will include a four-story parking garage, a dog park and an indoor gym.


At council’s Sept. 16 meeting, a third brand—Hilton Garden Inn—was approved to join the two existing brands.


Additionally in October, Grapevine City Council approved a 300-room, nine-story Renaissance Hotel to go on the tract of land.

 

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Another hotel tower is in the works for Plano's $3 billion Legacy West

 

Investor Sam Moon Group plans to build the new boutique hotel in the Legacy West Urban Village on Headquarters Drive at Communications Parkway.


"The new hotel will be a 12-story, 170-room Marriott Autograph Collection Hotel," said Legacy West developer Fehmi Karahan.

 

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McKinney signs off on KDC-led development team for corporate magnet

 

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The proposed mixed-use development will sit at the Gateway of McKinney at the Sam Rayburn Tollway and U.S. 75, with the development team moving forward with plans to develop the remainder of the 90-acre tract.


"So far, we are right on track with the progress we were hoping to make with this partnership with KDC and we look forward to a successful future with them and the Gateway development," he added.


The marketing activities are expected to begin at the same time as the city and the development firm forms the master development agreement, which is expected to be executed by October.


"The components of this site will be driven by some really nice Class A office space that will be compliments nicely with other uses, such as restaurants, entertainment and multifamily housing to make for a nice live-work-play environment," he said.



KDC could develop a million square feet or more of Class A office space with even more supporting real estate to accommodate thousands of people.

 

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Huge Allen data center would be one of the largest in North Texas

 

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The 1.4 million-square-foot high-tech complex would be built in three phases on the west side of U.S. Highway 75 north of Allen Commerce Parkway.


The project will be the third large data center built in that area in Allen.


You are talking billions of dollars in data centers," said Dan Bowman, executive director of the Allen Economic Development Corp. " It's been great to see that pick up steam in Allen."



The first phase of CyrusOne's planned Allen data center would be 350,950 square feet. Two additional phases would add a 619,100 square foot and a 412,800 square-foot building.

 

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Yet another massive mixed-use development:

 

Developer Hines plans mixed-use project in Allen

 

The more than 100-acre development would be on vacant land at the southeast corner of S.H. 121 and Alma Road, just south of McKinney.


Hines plans to detail plans for the project next week at a real estate seminar organized by the Allen Economic Development Corp.


"Nobody had planned a mixed-use piece like that on State Highway 121," he said.



Hines' planned development is likely to include a combination of office space, retail and urban-style residential construction.

Architect Gensler is designing the project.

 

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$100M hotel and conference center in McKinney's Craig Ranch lands city incentives

 

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The city of McKinney voted to contribute $18 million in economic incentives, including a $5 million construction loan and a $3 million grant upon completion of the project on an 8-acre parcel at Collin McKinney Parkway and Weiskopf Avenue in Craig Ranch from the McKinney Community Development Corp.


The remainder of the economic incentives will come from the reimbursement of tax dollars generated by the 285-room and suite hotel, with a 75 percent reimbursement of sales, property and hotel occupancy taxes in year 1 through year 5.


The hotel and conference center, which is planned as a Marriott Autograph Collection, will bring 33,000 square feet of meeting space to McKinney, as well as restaurants and eateries for guests.



The resort's amenities will include a resort-style lazy river, outdoor fire pits, concierge services and valet parking.


Construction will begin on the hotel and conference center this summer, with the resort slated to open in the Craig Ranch master-planned community by fall 2019.

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Loews, Texas Rangers announce 'flagship' hotel for Texas Live

 

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PRNewswire

 

Loews Hotels & Co., The Cordish Companies, and the Texas Rangers Thursday announced plans for a $150 million flagship hotel and convention center in the Texas Live development called Live! by Loews - Arlington, TX. 



The 302- room hotel will be one of the most dominant features of Texas Live!, the $250 million dining, entertainment and hospitality destination being developed in partnership with The Cordish Companies, Texas Rangers and City of Arlington.


Designed by internationally-known HKS Architects, the 14-story tall glass tower will feature 300-plus upscale guestrooms, including 26 suites, with floor to ceiling glass windows that show expansive views of the entertainment district from each room. 



The tower will feature several resort-style spaces and amenities including:
  • Tower Terrace and Event Lawn: Located within a 40' tall by 60' wide veranda-style cutout through the hotel tower
  • Outdoor Infinity Edge Pool
  • Rooftop Terrace Private Event Space
  • Two story, 35,000 square-foot Grand Event Center 
  • Grand Ballroom with banquet seating capability up to 1,500[/LIST]

The dining and entertainment space in the district will open in 2018, with Live! by Loews scheduled to open in 2019.

 

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Another big warehouse project on the way in I-20 corridor south of Dallas

 

Crow Holdings-Capital Real Estate will build the 1.2 million-square-foot warehouse campus near the southwest corner of Interstates 20 and 35E in Lancaster.



Called I-35 Logistics Crossing, the project will have twin 610,806-square-foot warehouse buildings at the corner of Houston School and Wintergreen roads.


Ben Doherty with Crow Holdings said the company is "very bullish on the D-FW market, especially Dallas' southern sector, because of strong industrial absorption levels in the region reinforced by continued population growth.

 

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Millions of square feet of office, retail and homes planned for Allen project

 

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"We think we can do 1.5 million to 2 million square feet of office," said Hines managing director Drew Steffen. "We want to lead with office."



The project - called The Strand - will also have apartments, 300,000 square feet of retail and a 10-acre greenbelt along Watters Creek.


Steffen said Hines, working with architect Gensler, is designing both single and multi-tentnat office buildings up to 12 stories tall.



"We are designing multi tenant buildings so we are ready to go," he said. "We are going to push for some corporate build to suit deals.

"But I'm not going with speculative buildings," Steffen said.


"Our mission is to bring the corporate campus," said Dan Bowman, who heads Allen's economic development corporation.

 

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Additional information/rendering on The Strand:

 

The initial phase of the project will include about 200,000 square feet of office space, 80,000 square feet of retail space, urban-style living options, and a greenbelt with park space and structured parking.



The next two phases will total the build out of 1.5 million square feet of office space with up to 300,000 square feet of living and additional residential homes. 

In all, the mixed-use development will bring 10-acres of greenbelt and trail system to the city.

 

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Plano's Shops at Willow Bend to add new seven-story office building

 

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A Dallas-based development firm — Encore Enterprises — plans to build a new office building next to The Shops at Willow Bend in Plano in hopes of meeting some of the demand for high-quality office space in the North Texas city.



The seven-story, 200,000-square-foot Class A office tower will sit adjacent to the mall's food court and will be integrated into Dillard's parking garage. The building could accommodate up to 800 employees


The office building is part of The Shops at Willow Bend $125 million expansion and will add much-needed Class A office space to the market, said Barry Smith, general manager for the property.


The would-be office tenants would have access to the mall's yet-to-be announced upscale, 30,000-square-foot health and fitness club, as well as the two-level, 60,000-square-foot restaurant district.

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Newly formed real estate company to build 2,100-acre, mixed-use development in McKinney

 

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A 2,100-acre, $300 million mixed-use development is coming to the northwest sector of McKinney.


The development will consist of commercial, retail and entertainment venues, according to a news release from Creu Capital.


Cross F Ranch will be built in phases with the first phase expected to open by the last quarter of 2018. This phase will include more than 250 acres of single-family residential units, commercial and retail development.



When complete, the development will be home to approximately 6,000 residential homes, 7,000 multifamily units and 4.7 million square feet of commercial, retail and office space, according to a video released by Creu Capital.

 

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Frisco approves plans for first high-rise, a new 17-story condo tower at Cowboys' The Star

 

Frisco's city council has given preliminary approval for the construction of a luxury high-rise condo tower at the Dallas Cowboys' Star mixed-use project.



Dallas Cowboys' owner Jerry Jones, former Cowboys' star quarterback Roger Staubach and developer Robert Shaw propose to build the condos.



"It will be a joint venture with the Jones family, Roger Staubach and myself," Shaw told the council "We are going to build a 17-story condo.

"The average unit size will be 1,200 square feet," he said. "These will be very large."


"Roger and Jerry will each have a unit on the top floor. We are basically building a place for Jerry and Roger to hang out," Shaw joked.

 

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Online eyewear retailer Warby Parker opening more Texas stores

 

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Warby Parker

 

Warby Parker has decided Texas is big enough for more of its stores.  It's planning three more stores by the end of this year, the company said Tuesday.


Warby Parker opened its first Texas store on N. Henderson Ave. in Dallas in 2014. 



Last year, it opened a second Dallas store in NorthPark Center. Two other stores in the state are in Austin.

New stores are planned for Legacy West in Plano and Westbend in Fort Worth.

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Illinois-based developer starting Lewisville industrial project

 

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The 121,000-square-foot speculative building is planned on State Highway 121 north of Midway Road.


Called 121 Riverview Crossing, the industrial project is planned for smaller tenants in an industrial market that is seeing construction of many much larger buildings.


"The first phase at Park West is fully leased and we have commitments for around a third of phase two," Smith said. "We are replicating the success at that project in Coppell with this new development in Lewisville."



Smith said construction on the 121 Riverview Crossing building will start in August and it will open next spring.

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Conference USA 2018, 2019 basketball championships moving to The Star in Frisco

 

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The 2018 championships will take place March 7-10 with 22 games—11 men’s games and 11 women’s games. The conference champions will receive an automatic bid to the NCAA Championship.



“When we first started on this journey, a few people thought I was crazy,” Conference USA Commissioner Judy MacLeod said. 

“But the main focus was to make sure our student athletes have a memorable, unique and a first-class experience, and I’m not sure where you’re going to find a better first-class experience than here.


“What we’ve been able to do is build a 12,000-seat, indoor high school football stadium that can transform to do other innovative things,” Jones said. 



“… What we’re doing here at The Star for this tournament will be cutting-edge.

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IT services firm moves U.S. HQ to Addison

 

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Nearshore Americas

 

The Mexican IT services firm Softtek has moved its U.S. and Canada headquarters to Addison.



The company celebrated the move with a grand opening Wednesday night. A global IT provider, Softtek has 12,000 employees worldwide spanning 30 countries.


After the move, the company has about 150 employees based in Dallas-Fort Worth, U.S. and Canada CEO Marcos Jimenez said.

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McKinney gets nod for new truck plant with potential jobs on the way

 

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PACAAR

 

Seattle-based PACCAR Inc. has reached a preliminary agreement to build a 130,000-square-foot manufacturing facility in McKinney, the city's economic development agency says.


PACCAR's Dynacraft division builds trucks under the Kenworth, Peterbilt and DAF brands.


The proposed plan will be at Wilmeth Road and Redbud Boulevard.



The McKinney economic development group and the city are still working to finalize the deal, which would receive economic incentives.


The $20 million project will create about 200 jobs.

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