VCM Development Fully Leases Frisco Retail Center, Plans Second Phase
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Teel Crossing is officially out of space. VCM Development signed tenants into the last remaining spots at its retail center on the northeast corner of Teel Parkway and Main Street in Frisco. The newbies will join the first-in-Texas tenants VCM brought on earlier this year.
California franchise theCoderSchool and New Jersey-based One River School of Art + Design School, which both focus on teaching kids and adults computer skills, will open at Teel Crossing in early 2017. These two tenants bring occupancy up to 100%. VCM Development CEO Vaughn Miller says all his tenants have great sales.
Vaughn's already looking to the 43k SF pad site adjacent to Teel Crossing I. He's finalizing construction plans and working with the city for permits. Just under 13k SF of retail will make up Teel Crossing II, which sits just southwest of Teel Crossing I within the same quadrant of this intersection.
Vaughn hopes to begin construction early next year.