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Whole Foods Market Selects West Grove for New McKinney Location

Plus: PMB Capital launches second phase of The Station, Creation Equity and Crow Holdings break ground on Mesquite 635, Pegaus Park welcomes BioLabs, and more.
By Taysha Billinger |
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Dallas-based De La Vega Capital has secured Whole Foods Market as the anchor tenant at West Grove, its new mixed-use development at U.S. Highway 380 and Custer Road in McKinney. The 600,000-square-foot project will include retail, restaurants, and entertainment venues, as well as 420 luxury residential units, 55,000 square feet of office space, and a two-acre park.

The new Whole Foods store will be the first in McKinney. “West Grove is designed to bring people and a growing city together,” said Artemio De La Vega, president and CEO of De La Vega. “A central greenspace and a considered mix of open-air, experience-driven retail and restaurant spaces will cultivate a sense of community.”

A public-private partnership with the City of McKinney, West Grove was designed by Gensler. The nature-inspired development will include outdoor decks, air paseos, and lush landscaping. The eastern segment of the project will feature The HUB, which will include a central lawn and performance stage, indoor/outdoor restaurants, and entertainment space.

RETAIL

PMB Capital Investments is kicking of phase two of The Station, its 134-acre, $500 million project in Sachse. The first phase wrapped up with the opening of two new restaurants—The Brass Tap and Manny’s Tex-Mex, with Pho Station and Cold Stone Creamery to soon follow. The new addition will include 18,000 square feet of retail and restaurant space, 297 apartments, an additional phase of single-family homes, and office and industrial buildings. PMB Capital also is redeveloping Heritage Park within the development. Construction will start this spring and is scheduled for completion in late 2023.

Red Crab Restaurant will take occupancy of a 6,417-square-foot retail space at 3840 NE Loop 820, acquired by a Virginia-based buyer and sold by a California company. David Zoller and Corbin Tanenbaum with Weitzman handled negotiations for the seller. Ari Mann, Johsh Mann, and Tommy Tran with NAI Robert Lynn represented the buyer.

The Pie Dish has leased 1,200 square feet at The Arbors on Custer located at 8175 Custer Rd in Frisco. Brian Sladek and Chris Flesner of RESOLUT RE represented the Landlord. Kelly Mount of J2 Commercial Real Estate Group represented the Tenant.  

MIXED-USE

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Biotech+ Hub at Pegasus Park has welcomed Boston-based BioLabs to the project. The company’s new 37,000-square-foot coworking lab and office is at 3060 Pegasus Park Drive. BioLabs is the latest tenant at the 23-acre, 750,000-square-foot mixed-use Pegasus Park development, developed by J. Small Investments and Montgomery Street Partners, in collaboration with Lyda Hill Philanthropies.

INDUSTRIAL

Creation Equity, in partnership with Crow Holdings Capital, recently broke ground its newest industrial project, Mesquite 635. At the southeast corner of Interstate 635 and State Highway 80, the three-building project will total 555,790 square feet.

Builders FirstSource leased 68,250 square feet in Carrollton. The company was represented by Reid Bassinger and Trey Fricke of Lee & Associates. The landlord is Link Industrial Properties.

Ferguson Enterprises has leased 14,500 square feet of warehouse space at 4800 Lakawana St. in Dallas from GKI Industrial Dallas. Brian Pafford represented the landlord. Trapper Graff of CBRE represented the tenant.

MULTIFAMILY

Polo Industries has sold a 180-unit multifamily asset, Las Mariposas, at 2100 E. Loop 820 in Fort Worth. The deal was brokered by Mark Allen of Colliers. The project consists of 30 buildings over 8 acres.

OFFICE

Alliance For Children, a children’s advocacy center serving Tarrant County, has leased and renovated a 38,000-square-foot building at 3609 Marquita Drive in Fort Worth. The new venue is the largest of its three locations.

Bridgeway Preparatory Academy has renewed 19,200 square feet in Valley View Commerce Center at 1861 Valley View Lane in Farmers Branch. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, Kennington Valley View. Nick Lee of NAI Robert Lynn represented the tenant.

Author

Taysha Billinger

Taysha Billinger

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