The Dallas-based developer has tweaked the City Place plan sinceNovember2007 when it seated Stream Realty Partners LP and theRetail Connection to lease the office space and shop space. Theinitial focus was to fill the 312,000 sf of class A office in the19-story, 320,000-sf tower at 300 Throckmorton St. With the officespace now 65% leased, the developer and its Dallas-based teams areready to lob a full-court press for the retail line-up. The Shopsat City Place will be front and center at the International Councilof Shopping Centers' annual showcase in Las Vegas.

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"There are going to be some great concepts coming to this. We'vehad a much better response than I thought we were going to get,"PNL president David Porter tells GlobeSt.com. "They see the wholething coming together. They can see the quality and the nature ofthe overall development."

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Porter says the first hard push is aimed at the central block,which is being gutted for 106,000 sf of retail and topped off withparking levels for 435 spaces and two more decks to the northgarage. The central block's date with a wrecking ball was canceled."We looked at it and said 'that corner's way too good,'" Portersays. "It really creates a more improved streetscape in theDowntown."

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Retail Connection senior vice presidents Chris Thomas and RossGolman are quoting $32 per sf to $34 per sf, triple net. Thomassays there are nine proposals out, all restaurants andentertainment concepts. "We're going to try to make it an extensionof Throckmorton's restaurant row," he explains. "Once we getthrough ICSC, we'll be able to talk more about who we have."

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Thomas says there is a limited amount of space for bi-levelshops in the central block, the former 500,000-sf Fort Worth OutletSquare and skating rink. The "new look" will be storefronts forupscale lifestyle retail, wrapped around the base of the twintowers in the four-block landmark,once known as the Charles D. Tandy Center, headquarters to theTandy Cos. and RadioShack Corp.

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"We are merchandising the project in the right way so we don'tend up with something that doesn't have the right energy for theproject," Thomas stresses.

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The 150,000 sf will be readied in phases, with the initial focuson the make-ready process for the 106,000 sf in the central block."We are gutting the first floor of the outlet mall to shell andputting in storefront glass where there used to be tilt-wall," hesays. He estimates the make-ready process for the retail componentwill take nine months to complete.

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As the team digs in for its next hard push, Chris Wright,Stream's senior associate and point man on the project, says thetwin One City Place at 100 Throckmorton St. is going to staymothballed, except for the retail, longer than anticipated. Theoffice tower is to be converted into 156 condos, but the delivery'sbeen pushed to 2011 instead of 2010. Stream's team also is theconstruction manager. St. Louis-based HOK Group Inc.'s Dallas teamis City Place's architect.

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Wright is quoting $25 per sf to $29 per sf plus electric for thelast 113,000 sf, spread across four full floors and parts of threemulti-tenant floors. "We expected a good amount of momentum withthe office market in Fort Worth having the strength it does, butwe're pleasantly surprised," he says. "We're definitely seeingactivity that will fill up that 113,000 sf."

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One City Place originally was ticketed to remain office. "Theidea is condos. We have the ability to deliver One City Place asoffice and we could turn it in 12 to 14 months," Thomas says,pointing out that the decision would be tenant driven. "We'relooking passively. We could certainly accommodate a large user thatcomes our way, but we're not actively marketing it as an officetower."

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