Restaurant and retail activity in
is off to a great start in 2014. Momentum and excitement due to CityLine and other new projects continue to grow,
and interest from prospective tenants has never been stronger. Here’s what’s new in 2014.
CityLine Update:
Here’s a quick look at the master plan layout of CityLine
development by KDC showing development on both sides of
Road, north
Road
and retail are being located on the ground floor of the State Farm buildings
currently under construction at President George Bush Turnpike and
Road
Restaurant Activity
|
Restaurant Park, a new restaurant development on the west side of US 75, south of Belt Line Road (site of the old Continental Motel and adjacent properties), has been approved by the Richardson City Council. Richardson Restaurant Park developer Kirk Hermansen, principal of Hermansen Land Development, will begin finalizing tenants and plans to break ground later this year.
|
| Famed restaurateur Larry Lavine, founder of Chili’s and principal of the Turtle Creek Restaurant Group, is doing a major renovation on the former K&G Menswear building at 1050 N. Central Expressway for his new 14,000-square-foot venture, Ten50 BBQ. Ten50 BBQ is a Central Texas-style barbecue joint, complete with big smoker ovens in an open, covered entry. Larry plans to open later this summer. |
| It will soon be taco time for customers at the Alamo Drafthouse and others heading to Richardson Heights Shopping Center when the third Dallas-Fort Worth branch of Taco Joint opens in late summer. The Dallas-based, Austin-style taqueria has leased 6,800 square feet next to |
| In mid-March, Applebee’s broke ground on their new |
| Raising Cane’s #155 is about to complete their new |
Mena’s Tex Mex Grill
opened at the Eastside development on
at US 75 and has received raving reviews. This long-time family-owned restaurant
out of
attractive setting that has quickly become a
favorite.
| Fadi’s Mediterranean Grill, a Houston-based restaurant with |
Nico’s Tex-Mex Cantina has had a
location in northeast
2008. They are opening their second
location in the former Applebee’s at 1610 E. Belt Line. The new location is
being remodeled and will feature a large patio for al fresco dining.
Monta Ramen, a
new Asian concept, is coming to
from
space at
in the
Monta locations in
publication credits it with setting ‘ramen on fire’ in
Vegas
outside of
serves ‘
Ramen, a broth made from selected pork bones and the unique soy sauce imported
from
for their opening this summer.
Kiwi Mediterranean Grill has opened
at
featuring fresh and healthy Mediterranean cuisine from authentic family
recipes.
Acquisitions:
Leon Capital Group continues
to invest in
they completed the acquisition of the former Albertson’s site on E. Belt Line
at
closed on the retail building at
The sale of Arapaho
Village Shopping Center located at
Road
by Tom Thumb, which remodeled this longtime
store in 2010 and extended their lease ten years.
The 74,150-square-foot building at
Plano Road
been purchased by an out-of-state investor.