Tom Stone of TF Stone Cos. has just bought the acreage from the Cain family after getting the city's blessing for a revised project for the land. Designed by Humphreys & Partners Architects LP of Dallas, the four-story Rockwall Commons, with end caps for 2,500 sf of street-level retail, will contain 202 multifamily units. A sister building will hold 25,000 sf of office and another 5,000 sf of retail while a third structure, roughly 10,000 sf, will house all retail.
Greg Faulkner, president of Humphreys & Partners, tells GlobeSt.com that mixed-use products are starting to crop up in the suburbs, but Rockwall Commons is unique for its design and a lakefront positioning at the highest point in Rockwall County. The project is carrying a 14-month construction schedule.
"This development will bring a new concept of multifamily living to the City of Rockwall and should be a catalyst in helping revitalize the nearby retail center and downtown businesses," Faulkner said in a release. The development is a half mile from the town square and 28 miles east of Dallas.
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