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High-end office magnet being developed as part of $150M mixed-use project in DFW

December 28, 2017

Aerial view of project.
The Lakeside Business District in Flower Mound sits in close proximity to the shorelines of Lake Grapevine. Image courtesy of Dallas Business Journal.

By Candace Carlisle  –  Senior Reporter, Dallas Business Journal

A Dallas-based real estate development and investment firm, which is backed, in part, by former Dallas Cowboys quarterback Troy Aikman, plans to begin a new $150 million mixed-use development in Flower Mound’s Lakeside Business District, which will bring high-end office space, a hotel and apartments to the neighborhood.

The 35-acre mixed-use development, called The Point, at FM 2499 and Silveron Boulevard in Flower Mound, is slated to get underway in fall 2018.

Plans for the project include 215,000 square feet of Class A corporate office space, a 100-room Tru by Hilton hotel and 585 apartments developed by Dallas-based Trammell Crow Residential. The Point could also include additional ground-floor retail and restaurant space, as well as a 5.5-acre green space with pedestrian-friendly walking paths.

The Class A office space could attract a major corporate tenant to Lakeside Business District, said David Watson, managing principal of the Dallas-based real estate development and investment firm.

Read the full article at Dallas Business Journal.