Neglected Arlington Shopping Center Picked by Trademark

Trademark Properties acquired the 470,000-square-foot Lincoln Square shopping center at 1500 N. Collins St. in Arlington. Trademark acquired the shopping center property, which was built in 1983, with plans to convert it into a mixed-use development with office, multifamily, retail and restaurants.

The City of Arlington entered into a 30-year public-private partnership (PPP) with Trademark that requires an investment of at least $150 million into the property in the next six years while also collaborating with local residents and leaders on redevelopment plans. The Arlington City Council agreed to co-invest $14.225 million with the developer in exchange for the investment. 

Most everyone, agreed the property was underutilized, “Lincoln Square has been an iconic north Arlington property for nearly 40 years, but the aging property has not seen the innovations or private investment needed to keep it market relevant,” said Arlington Mayor Jim Ross.

Trademark is no stranger to redevelopment. Among the multiple projects the firm has turned around, Downtown Dallas’ Victory Park.