The project will be the gateway to the Villages at Bear Creek,where some 6,000 multifamily units have been built on land boughtfor investment by Bennett Realty and sold to developers through theyears. The Euless town center will be modeled after California'sSpectrum in Orange County and Fashion Island in Newport Beach."It's a great opportunity to start a development of this magnitudefrom scratch," Del Bennett, chairman and CEO, tells GlobeSt.com. Hepegs the undertaking at roughly $1 billion.

The key, says Bennett, is the location of the acreage alongTexas 183 and 360 near the Dallas-Ft. Worth International Airport.The project is the latest in a string of town center projects tocrop up in North Texas. But this one, emphasizes Bennett, will beunparalleled in its design and is being plotted on ample land tofuel a true New Urbanism development.

Bennett Realty has hired RTKL Associates Inc.'s Beverly Hills,CA team to design the project and Lifescapes International Inc. ofNewport Beach, CA for the landscaping, which will include waterfeatures. RTKL's handiwork in the region is the upscale AddisonCircle while Lifescapes portfolio includes nine Las Vegasresort-casinos, including the famed Bellagio, as well as a fullgamut of high-profile projects in the US and abroad.