Rangers choose partner for Arlington entertainment district
The Texas Rangers have chosen The Cordish Cos. To be a development partner for a planned $200 million, 100,000-square-foot “dining and entertainment district” next to Globe Life Park in Arlington. The project is a partnership between the city of Arlington and Texas Rangers. The district will create 1,800 total jobs, including 1,000 construction jobs and 800 permanent jobs, the partners say. The partners also plan to develop a full-service convention hotel with at least 300 rooms and 35,000 square feet of meeting space. The hotel and convention facility will generate approximately 1,225 jobs, including 1,000 construction and 225 permanent jobs, the partners said. The 100,000 square feet of Texas Live! Will start construction this year.
West Bend Getting New Tenants
Trademark Property’s West Bend development off of University Drive and the Trinity River has signed three tenants: HG Sply Co., Tyler’s, and Drybar. HG Sply says it was founded by a bunch of “regular guys” who wanted to hang out and founded a place that sells “natural food that fuels your day.” HG Sply sells “simple clean food, classic drinks and humble hospitality.” Tyler’s is one of the top retailers of athletic and lifestyle apparel and accessories. And Drybar is a blow dry bar.No haircuts, no color. “Just blowouts!” the company exclaims.
Defender Outdoors Shooting Center
Defender Outdoors Shooting Center plans to open in February at 2900 Shotts St. in Fort Worth. The 43,000-square-foot indoor facility features 30 shooting lanes, including six 85-yard rifle lanes, and has classrooms, event facilities, firearms simulators, and a 6,000-square-foot retail store.
Hillwood Brings New Senior Living Complex to Alliance
Hillwood Properties, developer of the 18,000-acre, master-planned, mixed-use AllianceTexas, is bringing Watercrest at Alliance Town Center, an 8-acre, 207-unit senior independent living complex, to Alliance Town Center. South Bay Partners, a Dallas-based senior housing development company, has broken ground on the project in North Fort Worth. Watercrest is owned through a joint venture between the Bluhm family of Chicago and South Bay Partners. The 350,000-square-foot complex will include amenities that encourage social activity, such as a commercial kitchen, dining room, coffee shop, theater and an activity room.
Candy Store Coming to Sundance
IT’SUGAR, a specialty candy store and gift retailer, will open a new store at 503 Main St., between Mi Cocina and Barse Jewelry in Sundance Square in April. The store will be filled with more than a thousand different candies. Yolk, a breakfast spot, will open in Sundance Square in March. H&M will open a 31,000-square-foot store this spring.
Macy’s Closing One Texas Store in Fort Worth
Macy’s is closing 40 stores nationally, but only one in Texas, at Ridgmar Mall in Fort Worth, is on the list. Macy’s announced last year that it will close 40 stores nationally in 2016, but didn’t identify the locations until January. “With Ridgmar Mall being one of them, we saw this as a perfect opportunity to put plans in place for a continued renovation of the property that align with shopping center trends across the country,” Garo Kholamian, president of GK Development, the Ridgmar owner, said. GK has begun a renovation of Ridgmar. Phase one includes changes to open up sight lines with new paint, lighting, and new railings, and Cinemark also completed a $3 million remodel.