Coffee And Construction: Bright Realty Talks New Projects

Photo credit: Courtesy of Bright Realty

Bright Realty is taking advantage of one hotspot in the DFW area, building multiple projects along Highway 121. The latest: a Starbucks at Castle Hills/Lewisville Towne Centre. EVP Lucas Patterson tells us the location is ideal for new construction. The Kroger-anchored marketplace is by Highway 121 and adjacent to the ever-growing Grandscape, which includes the massive 560k SF Nebraska Furniture Mart. The area also benefits from a booming residential market, making the placement of the Starbucks an easy choice.

Photo credit: Courtesy of Bright Realty

Also along 121: Discovery at The Realm is a 107-acre planned mixed-use property with office, retail, living and entertainment. The $75M property is pre-leasing and plans to deliver an initial phase of 423 units starting next month. The community targets Millennials due to the urban feel of the design, Lucas tells us.

Bright Realty is also working on Crown Centre at Castle Hills, a 150-plus-acre office park in development, and an ALDI that is under construction.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines