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Our thanks to Joby Mathew for this information!
Once the 3 million square feet at the Village at Allen/Village at Fairview are completed, the intersection of US 75 and Stacy Road will have more traffic than the intersection of 121 & Preston Road in Frisco.
They are projecting 150,000 vehicles per day on US 75 & 50,000 vehicles per day on Stacy Road. Once the Village at Allen and Village at Fairview are fully open, they are projecting 20 million visitors annually. This will be the largest retail development in the DFW Metroplex.
Anchors committed (all completed deals):
Super Target: This will be their new large prototype and will be the largest in the state of Texas (191,000 sf). Opening March 8, 2009
Dick’s Sporting Goods: 80,000 sf, their largest prototype. Opening October 15, 2008.
Petsmart: Opening October 15, 2008.
Toys R’ Us / Babies R’ Us: 64,000 sf, their largest prototype. Opening October 15, 2008
TJ Maxx / HomeGoods: 50,000 sf, their largest prototype. Opening October 15, 2008
Best Buy: Opening October 15, 2009
Ross: Opening March of 2009.
Hemispheres Furniture: 52,000 sf. Opening March of 2009
Chair King: Opening March of 2009
Anderson’s Furniture: Opening March of 2009
Marriott Courtyard:
Owned by John Q. Hammons. 220 rooms with a 15,000 sf meeting center.
City of Allen Events Center:
This events center is the 17th center of its kind owned by Global Entertainment Corporation (www.globalentertainment2000.com). On average, there will be an event of some sort one out of every 3 nights. Global Entertainment owns a minor league hockey league and this will be home to the Allen team. Other events include concert venues that will compete with Nokia Theatre in Grand Prairie, Allen High School events (5,000 students and home to 5 hockey teams), etc. Global Entertainment projects that this will draw from at least a 50 mile radius as there will not be anything like this along US 75 north until Tulsa, OK. Opens October 15, 2009.
Draws for the Fairview side of the street include an Embassy Suites Hotel with Town of Fairview convention center, a movie theatre with a $29 ticket average, a bowling alley, town home, lofts, and apartments.
Restaurants (completed deals):
Olive Garden: Opens October 15, 2008. Projected sales are around $4 million.
Red Robin: Opens October 15, 2008.
Cracker Barrel: Opens October 15, 2008.
Uncle Julio’s: 10,000 sf with a 2,000 sf patio. Projected sales are over $7 million. Opens October 15, 2008.
Cheddars: Projected sales are $4 million. Opens October 15, 2008.
Nate’s Seafood: Projected sales are over $3 million. Opens October 15, 2008.
Starbucks: Opens October 15th 2008. 1 of 5 Starbucks locations in both the Fairview and Allen sides.
Which Wich Sandwiches: Opens October 15, 2008
Cold Stone: Opens October 15, 2008.
Tacone: Opens October 15, 2008
Other restaurants that might be joining the party are Corner Bakery, Kincaid Hamburgers (4,700 sf), a 7,500 sf sports bar, an 8,500 sf Irish Pub, a few specialty desert users, an upscale seafood restaurant, an upscale casual user, and a few other differing concepts in the 2,500 sf size or less.
Also, included in the Village at Allen:
A one and a half acre park that will have a few different water features and a children’s play area.
3 different drop-off valet spots that are free of charge.
Same architects as The Village at Fairview.
A trolley system between the Village at Allen and Village at Fairview.
An abundance of parking.
Disclaimer: All measurements are shot with an electronic laser distance finder and the distances rounded off to the nearest foot by Broker. While these devices are generally reliable, they can return false readings. Broker advises Purchaser to rely strictly on their own measurements and findings. All information provided herein has been provided to Broker by Owner and/or other reliable sources. Although Broker has no reason to doubt information provided herein, Broker does not warrant or guarantee it.
Tom Grisak Estate Homes Realtors, Inc - Texas License # 0329533