Upcoming Stories
Texas CRE News In Your Inbox .

Texas   /   April 20, 2021

Lisa Brown
By: Lisa Brown

Douglas Ave. Mixed-Use Towers Will Soon Break Ground

Lincoln Property Company will soon break ground on a mixed-use development featuring 225,000 square feet of office space and 128 multifamily residential units in two side-by-side towers, separated by a parking garage and amenity deck in Preston Center. The commercial division of Lincoln Property is developing the site on land owned by Saint Michael and All Angels Episcopal Church following a five-year collaborative effort to secure entitlements for the site from the city. Construction is expected to begin in May.

“This project will be a best-in-class development designed to bring a dynamic mixed-use offering to the area,” said John Walter, executive vice president of Lincoln Property Company. “We are encouraged by the significant interest we have seen from other prospective tenants so far.”

The office building located at 8111 Douglas Ave. features 12 stories plus a penthouse. Lincoln Property Company will lease nearly 59,000 square feet and Sewell Automotive Companies will lease approximately 26,500 square feet. Floors 9-12 plus the penthouse remain available for lease to office tenants.

The property is located off the primary intersection of Northwest Highway and the Dallas North Tollway, between the Park Cities and Preston Hollow.

Inside The Story
About the Author

Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
Email the Author

New call-to-action
© ConnectCRE 2021 / 3900 San Fernando Road, Suite 1007, Glendale, CA 91204
Contact Us / Policies, Privacy & DisclosuresSubmit Press Release /