McKinney’s Southgate project to bring urban-style hub to city’s gateway

McKinney Economic Development Corp. and Dallas-based KDC have unveiled plans for the city’s southern gateway to bring an urban-style, mixed-use development to McKinney.

The project, called Southgate McKinney, could bring a new corporate magnet to the city at the Sam Rayburn Tollway and U.S. 75, giving businesses another option in close proximity to major thoroughfares.

Click to read more at Dallas Business Journal.

High-profile parcel in Plano’s Legacy Business Park getting high-rise office, hotel

One of Plano’s founding families has decided to convert a high-profile parcel at the Dallas North Tollway and Spring Creek Parkway in Plano’s Legacy Business Park into a high-rise mixed-use development.

The Baccus family, in a partnership with Dallas-based Provident Realty Advisors, will begin construction early next year on land they’ve owned since the mid-1800s to transform it into a high-rise, mixed-use development.

Click to read more at Dallas Business Journal.

Lamar Hunt-affiliated developer chosen to build new project in McKinney

McKinney Economic Development Corporation selected Hunt Southwest, a Dallas-based real estate investment firm affiliated with the Lamar Hunt family, to build a new industrial facility in McKinney.

The development firm landed the economic development group’s project after McKinney Economic Development circulated a request-for-proposal earlier this summer.

Click to read more at Dallas Business Journal.

New York-based shared office concept to put Texas hub in Arts District

A New York-based shared office concept is bringing its first upscale coworking concept to the Dallas Arts District with the help of Dallas developer Craig Hall, who recently invested an undisclosed sum in the company.

Along with being an investor, Hall will be the landlord for Serendipity Labs Coworking, which plans to open its 29,000-square-foot Texas hub on the 17th floor and ground floor of KPMG Plaza at Hall Arts.

Click to read more at Dallas Business Journal.

Online furniture retailer makes big push into DFW with massive e-commerce hub

An online furniture retailer causing, Ikea and Target to up their furniture-selling game on the web plans to make its a major move into Dallas-Fort Worth with a massive e-commerce facility.

Boston-based Wayfair Inc., which recently gained a market value of $1 billion, is expected to lease a build-to-suit, 874,000-square-foot e-commerce hub on a development site near Interstate 35 and Interstate 20 in Lancaster, real estate sources say.

Click to read more at Dallas Business Journal.


Dallas architect to help develop vision of $1.5B Buffett-backed Grandscape

The development group behind the Warren Buffett-backed Grandscape development in The Colony has named Dallas-based Merriman Anderson/Architects to help with the design of the 433-acre mixed-use development.

The architecture firm was named architect-of-record for the Nebraska Furniture Mart-anchored project, which, upon completion, will total 3.9 million square feet of hospitality, entertainment, retail and residential space near the Sam Rayburn Tollway and Plano Parkway in The Colony.

Click to read more at Dallas Business Journal.