Nebraska Furniture Mart “Grandscape” – Restaurants/Hotels

Nebraska Furniture Mart

Nebraska Furniture Mart Inc. officially has made its foray into the development world, signing hotels and restaurants to its $1.5 billion, 433-acre Grandscape project — even as it stocks shelves with furniture, appliances and electronics.  This is the first time the 77-year-old Omaha, Nebraska-based furniture retailer has developed its 1.9 million-square-foot furniture showroom and distribution center as well as the entire “entertainment destination” surrounding the furniture store at the southeast corner of the Sam Rayburn Tollway and Plano Parkway in The Colony.  “We had a chance to be thoughtful in how we recruited tenants for that area and how we will continue to recruit tenants,” Jeff Lind, chief strategy and development officer with Nebraska Furniture Mart and president of Grandscape told the Dallas Business JournalLind and other city officials held a press conference on Tuesday to announce the new retail tenants of Grandscape, which include Hampton Inn & Suites, Homewood Suites, Cheddar’s Casual Cafe, Hard Eight BBQ, Mi Cocina and Rock & Brews.  The Nebraska Furniture Mart is expected to be one of the largest grossing retail stores on the planet, which is why the developer is being particular when selecting tenants for Grandscape.  Construction is underway on the infrastructure that will support Grandscape’s new tenants. Cheddar’s and Rock & Brews plans to open in summer of 2015, with Hampton Inn, Hard Eight and Mi Cocina following in the fall. Homewood Suites plans to open in late 2016The Nebraska Furniture Mart showroom and distribution center is on pace to open in spring 2015.

  • Dallas Business Journal, October 28, 2014

FedEx Office Kicks Off New Headquarters at Legacy West

Fed Ex and Legacy West in Plano

 

Dallas-based development firm KDC kicked off its second major corporate campus Monday afternoon — the first double-header groundbreaking in company history, located at Sam Rayburn Tollway (121) and Legacy Pkwy.  “This is a huge consolidation of FedEx Office’s corporate offices,” Toby Grove, president of KDC, told the Dallas Business Journal.“Right now, they are located in several facilities and this will help them in creating a corporate culture.”  FedEx Office and KDC executives officially broke ground on the 21-acre corporate campus site, formerly owned by Plano-based retailer J.C. Penney Co.   FedEx Office’s corporate campus and Toyota’s corporate campus will have a lot in common. The two headquarters will feature a tie into the $2 billion Legacy West project, which will be an extension of the Shops at Legacy and the development to the east side of the Dallas North Tollway.  “The idea is to incorporate the corporate campuses into a cohesive development with retail and multi-family components,” Grove told me. “This will all be tied together in a walkable community. … It will be developed to the highest of standards.”

      –      Dallas Business Journal, July 21, 2014

 


Rosewood Property Co. Moving Forward with Massive Plano Project

Heritage Creekside Plano

A Dallas-based development firm Rosewood Property Co. is moving forward with construction a massive 156-acre mixed-use development near North Central Expressway and the President George Bush Turnpike in Plano, which will include a corporate campus.   The project, called Heritage Creekside, will include up to 1,300 apartment homes, several hundred townhomes and single-family homes, as well as retail space and a corporate campus totaling up to 2.5 million square feet of space. Construction is ready to get underway after the group received approval from the city’s planning and zoning commission on Monday.  The tract was acquired by the Hunt family more than 50 years ago. It is bisected by Pittman Creek and contains wooded areas, which will be integrated into the development.
Plans for the initial phase include the residential development and three restaurant sites on the east side of the property along Alma Road.

  • Dallas Business Journal, October 28, 2014