Real Deals: Loews hotel coming to Texas Live! project

Texas Trust

Loews hotel coming to Texas Live! project

A hotel and convention center has been announced for Texas Live!, the $250 million dining, entertainment and hospitality destination being developed by a partnership between The Cordish Companies, Texas Rangers and the City of Arlington.

Loews Hotels & Co., The Cordish Companies, and the Texas Rangers on May 4 announced plans for the 14-story hotel. It is set to open in 2019 and will be located between Globe Life Park and the Dallas Cowboys’ AT&T Stadium.

“The Cordish Companies and the Texas Rangers are two world-class organizations with an incredible vision for the Arlington Entertainment District that is highlighted by their commitment to quality of design and architecture,” said Jonathan Tisch, chairman and CEO of Loews Hotels & Co. “This partnership allows us the opportunity to bring Loews Hotels back to Texas after a more than 20 year hiatus and presents what we plan is the first of several new hotels under the Live! by Loews partner brand.”

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Designed by HKS Architects, the 14-story glass tower will have 302 guestrooms, including 26 suites, with views of the entertainment district from each room.

“An upscale hotel in the Entertainment District has long been a dream for Arlington and we couldn’t be more excited to see that dream become a reality with the addition of a Loews branded hotel,” said Arlington Mayor Jeff Williams.

Loews Hotels & Co.’s core brand, Loews Hotels, caters to meetings and groups, business, leisure and family travelers in key urban and resort destinations throughout the United States and Canada.

The hotel’s features will include: Tower Terrace and Event Lawn, with a LED screen for sports viewing, movies and concerts; outdoor infinity edge pool; rooftop terrace for private events; two-story, 35,000-square-foot Grand Event Center with a glass facade with views of the entertainment district.

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The meeting, event and convention space will include a ballroom with banquet seating for up to 1,500, an executive boardroom with five additional breakout meeting rooms, and a 1,500-square-foot outdoor terrace overlooking Johnson Creek and the Entertainment District

In addition, Revolver Brewing will open a working brewery, bar and tasting room at the hotel.



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Sit up and take notice. Pet Supermarket stores are coming to Ridglea Village Shopping Center in Fort Worth and Town Center Colleyville owned by Velocis.

Venture Commercial Real Estate says it negotiated two separate leases that will bring the retailer based in Sunrise, Florida, to the area.

The 7,431-square-foot store at Ridglea Village, 6100 Camp Bowie Blvd., will join tenants Campisi’s, La Madeleine and Haltom’s Jewelers.

Pet Supermarket will open a 6,601-square-foot store in Town Center Colleyville, located at 5611 Colleyville Blvd. The retailer joins tenants including Market Street and Studio Movie Grill.

Venture’s Easley Waggoner Jr. represented Velocis in lease negotiations for both locations, working with Amy Pjetrovic on the Colleyville lease and with Amanda Throckmorton on the Fort Worth lease. Michelle Caplan and Gretchen Miller with Weitzman handled negotiations as tenant representatives for Pet Supermarket.

Pet Supermarket operates more than 150 stores throughout the southeastern United States and has been expanding in the Dallas-Fort Worth and Houston markets.



Ryder Integrated Logistics Inc. is expanding its facilities in Fort Worth, creating more than 200 jobs with a capital investment of more than $5.2 million, Gov. Greg Abbott’s office announced May 5. A Texas Enterprise Fund grant offer of $1.1 million has been extended to Ryder. TEF grants are administered through the governor’s office.

Ryder is a Fortune 500 transportation and supply chain management company that services more than 50,000 manufacturers and retailers nationwide.

In October, Ryder Logistics said it was considering an expansion of either its facility in Fort Worth or at site in Michigan. The Fort Worth City Council approved an incentive package to retain the current 347 jobs and create 200 new jobs over the next few years. The incentive provides a partial rebate of the new taxes generated by the expansion as long as Ryder meets all commitments under the agreement, city officials said at the time.

“The logistics industry is an important sector in what makes Fort Worth a smart place to do business,” said Fort Worth Economic Development Director Robert Sturns. “Logistics provider Ryder System has been located in Fort Worth for over 15 years, and we are pleased to partner with the state to retain 347 employees with competitive wages, and also, to help Ryder System create 200 additional new jobs in Fort Worth over the next seven years.”



Texas Trust Credit Union has completed the renovation of its new corporate headquarters at Interstate 20 and Little Road in Arlington. The 37,000-square-foot building, which Texas Trust purchased in 2012, was overhauled to create a state-of-the-art facility.

The two-story building is part of the former Cordovan Office Park, which is owned by Texas Trust, and has been renamed Texas Trust Business Park.

The new headquarters brings together the credit union’s executive staff, member contact center, marketing, training, mortgage and investment services and other departments that had been dispersed at various locations. Currently about 110 employees occupy the building, which can accommodate up to 150.

A second building in the office park is an investment property and is 85 percent leased to a range of commercial tenants.

The renovated building offers a mix of open work spaces and offices that offer visual and acoustical privacy. The corporate boardroom was designed with a barrel vaulted ceiling, reminiscent of an airport hangar, to pay tribute to Texas Trust’s beginnings as Vought Aircraft Employee Credit Union.

“The interior of our headquarters creates a bright and energetic atmosphere to inspire and motivate employees and generate a positive workplace,” said Jim Minge, president and CEO of Texas Trust Credit Union. “We also wanted the space to reflect our core values and mission as a member-owned financial cooperative.”

Texas Trust hosted a community-wide open house May 6.

Interior design, space planning, construction management, and furnishings were managed by Mary Beth Clark and Carol Holley with the Interior Design Group. Wall graphics and the framed artwork throughout the building was designed internally by the Texas Trust marketing department.


A 6,000-square-foot office building located at 3115 Erie St. in Fort Worth has been sold. David Tuttle with KW Commercial’s Arlington office represented the seller, Wavelight Studios. Theron Bryant with Coldwell Banker Commercial Advisors represented the undisclosed buyer.

NVN LLC has purchased a 4,608-square-foot building located at 1308 Brown Trail in Bedford. Hunter Hayes of NAI Robert Lynn represented the seller.


Tuesday Morning has leased 17,444 square feet at Village at Camp Bowie, 3501 Bernie Anderson Ave. in Fort Worth. Hunter Brous, Davis Lewis and Lee Koons of Lincoln Property Company-Dallas represented the landlord.

Altaquip has leased 15,000 square feet at 901-941 Avenue N in Grand Prairie. Michael Stanzel and Patrick Embry of NAI Robert Lynn represented the landlord.

Re-Pla Recycling has leased 8,000 square feet at 2625 Aviation Parkway in Grand Prairie. David Dunn of SVN Commercial Realty-Dunn Commercial represented the landlord.

Grant Air Conditioning Co. has leased 7,250 square feet at 250 Roberts Cut Off Road in Fort Worth. Todd Hawpe and Kirk Kelly of Transwestern-Fort Worth represented the landlord.

Tuesday Morning has leased 5,434 square feet at Hulen Fashion Center, 5200-5288 S. Hulen St. in Fort Worth. Jerry Zidell of The Retail Connection represented the tenant. Easley Waggoner and Amanda Throckmorton of Venture Commercial-DFW represented the landlord.

International Solutions Inc. has leased 4,762 square feet at Governors Row, 2003 E. Lamar Blvd. in Arlington. Beaux Riley of Coldwell Banker Commercial Advisors-DFW represented the landlord.

San Daniele Italian Restaurant has leased 3,472 square feet at The Gallery on Main Street, 129 S. Main St. in Grapevine. Chris Leighton of Westwood Group represented the landlord.

Cherry Painting Co. has leased 2,500 square feet at 213-227 N. Rupert St. in Fort Worth. Blake Lloyd of CBRE-Fort Worth represented the landlord.

Fit Body Boot Camp has leased 2,500 square feet at Great Lakes Center, 2840 N. Highway 157 in Mansfield. Bobby Montgomery and Jon McDaniel of NAI Robert Lynn-Retail Division represented the landlord.

Italian Crust has leased 2,000 square feet at Heritage Crossing, 2140 Hall Johnson Road in Grapevine. Mark Johnston of Glazer represented the landlord.

State Farm Insurance has leased 1,669 square feet at 11751 Alta Vista Road, Building 3, in Fort Worth. James Keoughan of Briggs Freeman-Keoughan Group represented the landlord.

System Electric leased 14,800 square feet at 635 Westport in Grapevine. Canon Shoults of Holt Lunsford Commercial represented the landlord, Longpoint Realty Partners.

Texas Meter and Device Company LLC has leased 10,000 square feet of office/warehouse space at 933 Avenue N in Grand Prairie. Michael Stanzel and Patrick Embry of NAI Robert Lynn represented the landlord and Jim Ferris of Bradford Companies represented the tenant.

AC Supply Co. Inc. has leased 12,600 square feet of office/warehouse space at 1200 Gambrel Road in Arlington. Michael Stanzel of NAI Robert Lynn represented the landlord and Gary Vasseur of Vasseur Commercial Real Estate represented the tenant.

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