Preston Hollow Village Mixed-use Project Opening Early 2015

From Dallas Morning News

Developers of the new Preston Hollow Village on North Central Expressway have already leased more than half of the North Dallas mixed-use project.

The first phase of the project under construction at Walnut Hill Lane and North Central opens in February with a 14,000-square-foot Trader Joe’s grocery store.

Also, 75,000 square feet of retail space and a 60,000-square-foot office building will be ready early next year.

“It’s been well-received,” said Leon Backes, CEO of developer Provident Realty Advisors. “If we had just taken anybody, we could have filled it up four times over.

“We are trying to get the right mix,” Backes said. “We have some other tenants we’re close on; we’ve held out some of the prime space.”

The new shopping center has landed restaurants including Blue Sushi Sake Grill, Modmarket, Pakpao Thai and Verts Kebap. Retail tenants so far include Tangerine Salons, Orangetheory Fitness and Eighteen Eight Fine Men’s Salons.

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Frost Bank will also have a location in the project, which is being built in partnership with Kroenke Holdings.

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About Cliff Bogart

Commercial Real Estate Broker, Commercial RE Instructor, CCIM Instructor, runner, triathlete, movie geek, father and husband.
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