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Wednesday, February 24, 2021

Real Deals: GLADE PARKS IN EULESS ADDING RETAIL, DINING

North Rock Real Estate LLC is adding several leading brands to the restaurant/retail roster at Glade Parks, the 194-acre mixed-use development on State Highway 121 in Euless.

They include apparel brand Forever 21 RED, boutique women’s apparel and accessories retailer Francesca’s, tall men’s apparel retailer DXL and Old Navy.

Runway Seven, a Lewisville-based boutique, is opening in July, while resort-style spa salon Blue Lion Salon Suites is expected to open later this summer. National off-price retailer Burlington is slated to open in September, and Total Wine & More will open its 25,000-square-foot facility in October, providing Euless with its first liquor store.

Numerous restaurants will soon join Glade Parks’ lineup. Imperial Hibachi, serving hibachi, sushi and Asian fusion entrées, is opening in July. MidiCi, the Neapolitan Pizza Company, is opening in late summer. Portland, Oregon-based Thirsty Lion Gastropub & Grill, which was recently named one of the top 50 emerging restaurant brands, will open in October.

54th Street Grill, with a menu of steaks, baby-back ribs and variety of salads and sandwiches, will open in 2019.

Aloft Hotel, Starwood and Marriott’s tech-forward hotel, is on track to open in the early fall as one of the mainstays of Glade Parks’ Town Plaza.

IRVING, CANADIAN FIRMS

TO BUILD INTERNATIONAL BRIDGE

Irving-based Fluor Corp. announced July 5 that Bridging North America, a partnership of Fluor and ACS Infrastructure Canada, was selected to design, build, finance, operate and maintain the Gordie Howe International Bridge project for Windsor-Detroit Bridge Authority. Fluor plans to book its share of the design and construction contract value in the fourth quarter of 2018.

The project is a planned bridge and border crossing spanning the Detroit River and connecting Detroit and Windsor, Ontario, Canada, by linking Interstate 75 and Interstate 96 in Michigan with the new extension of Highway 401 in Ontario.

A final contract is expected to be signed later this year for the cable-stayed bridge. The Canadian-financed bridge is scheduled to open in 2020.

The final cost of the project has not been announced, but reports in the Canadian media say it may be about $4.8 billion in Canadian dollars.

The privately owned Ambassador Bridge currently links the cities. Its owners are planning their own new span next to the existing bridge.

“Fluor is pleased with the selection of our joint venture team to design, build, finance, operate and maintain this once-in-a-generation project,” said Terence Easton, president of Fluor’s infrastructure business. “We are looking forward to partnering with WDBA to reach financial close later this year and ultimately deliver a durable, long-lasting, landmark bridge with a unique visual presence for the local community and international travelers.”

SALE

I Can Still Shine, a foundation serving battered women and children in the Tarrant County area, has acquired a 5,840-square-foot office property at 3313 Crites St. in Richland Hills.

Robert Dorrough of Colonial Commercial Real Estate LLC represented the seller, a Texas limited liability company.

Send real deals to Robert Francis at rfrancis@bizpress.net.

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