Uptown News

Uptown Dallas dwellers get a new grocery store option at prime location

The supermarket crawl keeps creeping ever closer to downtown Dallas, with the latest news being that a Tom Thumb will open in a new mixed-use project coming in 2017. According to an announcement from RED Development, Tom Thumb will be the first major retail tenant for Union Dallas, an office, residential and retail project at Field Street and Cedar Springs Road.

RED Development, which first announced The Union in May 2014, is leading the design and construction. The site is southeast of American Airlines Center and within walking distance of the Ritz-Carlton, Katy Trail, the Perot Museum of Nature and Science, and Klyde Warren Park. That intersection sits at a nexus between downtown, Uptown, the Arts District and Victory Park.

"Tom Thumb is a high-quality grocery favorite in the Dallas area that will be a superior amenity, not only for the people who will live and work at The Union, but also for the nearby burgeoning residential districts," says RED managing partner Mike Ebert in a statement.

Tom Thumb president Scott Hays touts the vibrancy of the location. "The Union is a premier location for our new Tom Thumb store, at the heart of many nearby neighborhoods and the city's top attractions," he says.

Plans for The Union call for a 22-story office tower, a 20-floor residential high-rise featuring 300 apartments with balconies and views, a 25,000-square-foot shared amenity deck, 11 levels of parking, and an open-air central plaza. The Union will also include sit-down and fast-casual restaurants, as well as retail.

Tom Thumb was acquired by Albertsons in March 2014 and operates 58 Tom Thumb stores throughout North Texas and 49 Albertsons stores. Part of that acquisition deal involved some Albertsons stores being sold off to Minyard's, which includes the nearby store at McKinney and Lemmon avenues, which recently became a Minyard Sun Fresh Market.

A Kroger store opened at CityPlace in 2012. A Wal-Mart Neighborhood Market has been open on the frontage road of 75 near Hall Street since 2005. In 2015, a Whole Foods Market will open at McKinney Avenue and Routh Street, and a Trader Joe's is opening near Knox Street.

Tom Thumb: Coming to Uptown in 2017.

Courtesy photo

Tom Thumb: Coming to Uptown in 2017.

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Million-dollar homes

Multi-million-dollar gated home community The Preserve rises in Frisco

Preserve

A palace on the prairie of The Preserve in Frisco

Construction has begun on a multi-million-dollar custom home community in Frisco. Called The Preserve, it's situated among PGA Frisco’s championship golf courses and near the Omni PGA Frisco Resort, with multiple phases that will roll out over the next few years.

The Preserve is part of Fields, a 2,500-acre development in North Frisco off the Dallas North Tollway. Fields is co-developed and owned in partnership with The Karahan Companies, Hunt Realty Investments alongside investors Chief Partners and Cross Tie Capital.

The development will feature retail, dining, entertainment, hotels, corporate offices, native Texas plants, flowers, trees, and 250 acres of park space. It's designed by the same team responsible for Plano’s Legacy West, led by Fehmi Karahan.

Phase 1 of The Preserve will feature 233 homes crafted by 10 North Texas luxury homebuilders: Alford Homes, Coats Homes, and Starside Builders have all begun home construction. The other seven are The Preserve Bella Custom Homes, Endurance Homes, Faulkner Perrin Custom Homes, Hawkins-Welwood Homes, Shaddock Custom Builders & Developers, Sharif & Munir Custom Homes, and Ventura Custom Homes, for whom construction will start soon.

The Preserve Frisco The Preserve in Frisco, soon to be covered with homes.The Preserve

Lot sizes range from 6,800 square feet to more than an acre. Home design options will incorporate high ceilings, open floor plans, glass walls, and seamless transitions between indoor and outdoor such as patios, infinity pools, and landscaped exteriors.

The surrounding area will have more than 2,000 new trees plus views delivered via design elements such as floor-to-ceiling windows and expansive outdoor living areas.

Many of the homes will address sustainability, health, and wellness with green architecture, energy efficiency, water conservation, and recycled building materials.

It will combine the privacy of a gated community with resort-style living, featuring amenities such as the PGA golf courses, 20+ miles of hike and bike trails, and the exclusive Brookside Club with an expansive swimming pool, state-of-the-art fitness center, tennis and pickleball courts and a playground.

Prices will start at $3,500,000.

Hunt Realty SVP Todd Watson calls it one of the most anticipated mixed-use projects in the area -- æa perfect location for discerning buyers seeking their forever home or a secondary residence" — although he's involved with the project so he's probably biased.

“As part of the Fields development, with prominent neighbors like PGA of America and the Omni PGA Frisco Resort, we know The Preserve will be one of the most sought-after addresses in North Texas," Watson says.

According to the Frisco Economic Development Corporation, Frisco’s population has increased by 500 percent in two decades and was recently recognized as the fastest growing city in Texas and third across the U.S.

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