Castle Hills Readies for First Retail Project

Bright Realty is making progress on a $1.3 billion mixed-use project in Lewisville’s Castle Hills and is gearing up to deliver the development’s shopping component.

The Dallas Business Journal reports retail for Crown Centre, a 140-acre Lewisville development, is expected to break ground sometime later this year or early next year. The first retail element will be 13,000 square feet.

The retail component of the project follows the opening of a four-story, $50 million office building, Crown Centre II, for leasing in fall 2024, which marked a major milestone in the development. The office space broke ground in April 2023.

The 147,500-square-foot office building is next to Crown Centre I, a 109,000-square-foot building that opened in 2020 and is now around 95% leased. Both are located on a 140-acre parcel just off of Sam Rayburn Tollway.

Upon full build-out, Crown Centre is slated to include up to 2,000 multifamily units, 3 million square feet of office space and up to 500 hotel rooms.