$1.5B Lewisville project on former Bum Bright land to bring office, retail, apartments

The Realm at Castle Hills

A 324-acre acre, mixed-use development in Lewisville broke ground on June 12. The development, The Realm at Castle Hills, a Bright Realty development, will be a new urban center for the Castle Hills community located on State Highway 121 west of Josey Lane. It will include offices, retail, restaurants and multi-family develpments.

Upon completion, the estimated $1.5 billion project will be a walkable environment with an extensive trail system. Phase I of the project, Offices at The Realm, is a nine-story Class AA office building consisting of 235,000 square feet of office space and an additional 15,000 square feet of first-floor restaurant space. Situated in front of the office building is Crescent Park, a park and outdoor entertainment space. The office building and park are scheduled for completion in mid-2019. Groundwork has also started on Phase II of the project, a 260-unit multi-family complex above 35,000 square feet of retail.

The Realm is near Dallas Fort Worth International Airport, the Grandscape development and close to the Legacy West development. The Realm is located on the former H. R. “Bum” Bright family ranch, merging family legacy with a design that maintains natural elements, creating streetscapes that connect office, retail and luxury living into a comfortable yet vibrant setting.

“The demand to live, work and play in the same area has transformed our suburban communities,” said Chris Bright, Bright Realty CEO. “The Realm is designed with that in mind and with a focus on an overall quality of life that offers a sophisticated suburban setting with generous outdoor and event spaces. We want people to live, work, play and stay at The Realm and with the varied and numerous lifestyle products we are offering here, they will be able to do just that for generations to come.”

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Inspiration for the architectural and interior design of the community blends classic forms with contemporary gestures to create a fresh, new interpretation of “Texas Hill Country” and modern design, according to a Bright Realty news release.

“In collaboration with our design partner 505Design, BOKA Powell incorporated contemporary materials into the design of the office building to create a place that is welcoming and refined. The exterior of the building is a blend of limestone, concrete, glass and metal with a 47-foot core-to-glass lease depth and a five-foot grid for ease of space planning,” said Chris Barnes, principal-in-charge at Dallas-based design firm BOKA Powell.

Phase I of the project, Offices at The Realm, includes Wi-Fi connected tenant common areas to promote interaction including a community lounge and patio, conference center, rooftop deck seating, computer bars and a fitness center. In addition to architect BOKA Powell and design architect and interior designer 505 Design, Offices at The Realm landscape architect is Land Design and general contractor is Hill & Wilkinson. Fort Worth’s Southwest Bank, a division of Simmons Bank, is the lender for the project. Colliers International will oversee leasing the office space and Bright Realty is managing the brokerage of the retail/restaurant space.

Phase II of the project, with a delivery date of mid- to late-2020, is a mix of multi-family with first-floor boutique-style retail space. The Realm apartment architect is BOKA Powell; design architect and interior designer is 505 Design; landscape design is Land Design; and general contractor is Andres Construction. Additional phases of The Realm include condominiums, a large amphitheater entertainment district, retail, restaurants and additional multi-family living opportunities.

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http://www.brightrealtyco.com/developments/TheRealm

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