August 19, 2016
Saddle up and subscribe to receive Texas’ top CRE stories everyday, delivered straight to your inbox. Connect Daily Texas launches on September 19, 2016. Sign me up!
Two Dallas-based firms, Hillwood and The Howard Hughes Corp., are joining forces to develop a 130-acre mixed-use development at the Perot family’s Circle T Ranch, a 2,500-acre mixed-use, master planned community in Westlake, TX. The proposed $1-billion project includes more than two million square feet of office, retail and entertainment space in north Fort Worth.
Hillwood Properties’ Mike Berry says “Circle T Ranch represents a watershed moment in the 27-year history of AllianceTexas,” an 18,000-acre master-planned, mixed-use community.
The Westlake project will be anchored by the 500,000-square-foot corporate campus for the Charles Schwab Corp.
The development includes 1.2 million square feet of combined Class A mid-rise office, as well as a 200-room hotel and residential options. The Gensler-designed project also includes parks, open space and nature trails.
For comments, questions or concerns, please contact Dennis Kaiser