Charles Cotten, Cousins' senior vice president, tells GlobeSt.com that developers definitely should be on board within 60 days, driving a groundbreaking goal by the end of 2002 for the "live-work-play" project. The development, first announced in mid-January, still bears no name and no parameters for the number of single or multifamily residential units or sf of office and retail space. That will come after developers are selected, says Cotten. "We don't need a name until we start selling it," he said after Tuesday's breakfast hosted by the North Texas Commercial Association of Realtors at the Las Colinas Marriott along Las Colinas Boulevard.
The New Urbanism project is under the guiding hand of Andres Duany, principal of Duany Plater-Zyberk & Co. of Miami. The Dallas office of Princeton, NJ-based Hillier Group is working with Duany to steer the project. Ft. Worth-based Carter Burgess is the project engineer.
Cotten says there has been strong interest from residential developers, which has not been as hardy from the office and retail sector. The RFPs will definitely determine who's interested in jumping on board the rollout of the largest undeveloped land tract left in the 12,000-acre upscale community that has been steadily evolving since the mid-1970s.
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