JV to Start Work on Southlake Mixed-Use Project

Trademark Property Company and Harrison Street Asset Management announced a joint investment in Shivers Farm, a 40-acre mixed-use community anchored by Whole Foods Market in Southlake, Texas.

Construction is expected to begin this month. The development is anticipated to bring a new mix of retail, dining, office and public gathering spaces to Southlake, with Whole Foods Market serving as the grocery anchor.

Shivers Farm is expected to feature 111,000 square feet of retail, 38,000 square feet of Class A boutique office space, 37 single-family lots, and a 3-acre pad approved for hotel, entertainment, or additional retail uses.

Trademark has signed three leases totaling 40,199 square feet and is in active negotiations with 65,000 square feet of additional retailers and restaurants. Trademark is also finalizing the design of the three-story, Class-A boutique office portion of the project.    

The development partners on the project include architect Dwell Design Studio, general contractor Ridgemont Construction, and civil engineer and landscape planner Kimley-Horn.