Posted May 12, 2017, 9:17 PM
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Join Date: Sep 2011
Location: Dallas
Posts: 2,221
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Millions of square feet of office, retail and homes planned for Allen project
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"We think we can do 1.5 million to 2 million square feet of office," said Hines managing director Drew Steffen. "We want to lead with office."
The project - called The Strand - will also have apartments, 300,000 square feet of retail and a 10-acre greenbelt along Watters Creek.
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Steffen said Hines, working with architect Gensler, is designing both single and multi-tentnat office buildings up to 12 stories tall.
"We are designing multi tenant buildings so we are ready to go," he said. "We are going to push for some corporate build to suit deals.
"But I'm not going with speculative buildings," Steffen said.
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"Our mission is to bring the corporate campus," said Dan Bowman, who heads Allen's economic development corporation.
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Additional information/rendering on The Strand:
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The initial phase of the project will include about 200,000 square feet of office space, 80,000 square feet of retail space, urban-style living options, and a greenbelt with park space and structured parking.
The next two phases will total the build out of 1.5 million square feet of office space with up to 300,000 square feet of living and additional residential homes.
In all, the mixed-use development will bring 10-acres of greenbelt and trail system to the city.
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Project Location
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