The center represents the first significant retail complex for the community situated near the intersection of Texas 114 and Trophy Lake Dr. The project, anchored by a 64,000-sf Tom Thumb, is made of manufactured stone called Hill Country Chalk and boasts such architectural elements as towers, wood brackets, metal awnings, all finished out in earth-tones and complemented by textured concrete. The uniquely designed center, a product of O'Brien & Associates of Dallas, also features park settings with benches and botanical garden-type landscaping. The project engineer is Hewitt-Zollars Inc. of Dallas.

"There's not much out there ... and it's in a neighborhood and we wanted it to be neighborhood friendly," Cody Pletz, Regency Realty's project manager, told GlobeSt.com. The nearest major shopping area is Grapevine, situated about a 20 minute drive from Trophy Club where high six-figure homes are the norm.

The center broke ground in January and is about 90% leased, says Pletz, who expects it to be fully leased by year's end. Other retailers are Great Clips, Excel Cleaners, Hot & Cremy Donuts, GNC, Hong Kong Express, Radio Shack, Art & Frame, Colorful Nails, Subway, Blockbuster, Bank of America, Southwestern Bell Wireless and a dentist's office. Tom Thumb is planning an Oct. 4 opening with the remaining stores expected to open in the ensuing months of the last calendar quarter.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.