URBAN INFILL
Prescott Realty Group’s latest mixed-use endeavor, the uber-trendy Shelby near SMU, opened in Oct, is more than 50% leased. Maybe everyone should start giving their buildings human names. | |
Twisted Root Burger Co is making the 3700 SF retail portion its fourth location, with construction scheduled to start within 45 days. A burger joint near a college? Now we’ve seen everything. Prescott managing director Taylor Stone touts not just the cool urban feel, but that it’s 1,200 feet from a DART rail stop, 700 feet from a Kroger, and just a short walk from night life and restaurants. (Apologies to Kroger, if it thinks it should also fall under "night life".) | |
The Shelby’s lifestyle deck features an outside fireplace, cooking area, and a flat screen TV. | |
Taylor says he still sees the trend of people returning to the city seeking that pedestrian- friendly, live, work, and play environment. While the economy has stopped most new developments, Prescott is still building mixed-use ones to meet future demand: 420 apartments and 9000 SF of retail in the works down the street from The Shelby; and the master-planned Lake Highlands Town Center at Skillman & Walnut Hill will have a DART stop and 2M SF of mixed-use property in a town center-style development on 70 acres. |