We've written about some of the new development at Lovers and Matilda before (click here and here), but the Dallas Business Journal says among the new tenants at one of the sites will be a Comerica Bank, Sport Clips, Avon Nail, Lakeside Cleaners, Potbelly Sandwich Works and Freshberry Yogurt Cafe. The $30 million development, which is replacing the Signature Pointe apartment complex, will contain 65,000 square foot retail development. Dirt work began on the project about 30 days ago.
Eastern Partners, the developer, says the property is now about 40 percent leased; construction is scheduled to start in March and be done by the end of 2009, according to the DBJ report.
"The design of it is similar to the Shops at Legacy (in Plano)," one of the developers told the DBJ. "It will have wide sidewalks, plenty of trees and be very commuter-friendly."
Also included in the project will be what the developer describes as 23 "luxury" townhomes priced "in the $300,000 to $400,000 range" and averaging about 2,000 square feet each. (My family debated the merits of that moniker while driving by the other day. What, we wondered, makes one townhome "luxury" while another is just a plain townhome?)