The developer doing the town center is about to start work at Greenville just north of Mockingbird, site of the old Shamburger building center, on another mixed use residential project. It’s Prescott's fifth project in this area, including an expansion to Mockingbird Station. That’s an ambitious agenda for a company its size.
Frankly, I have lost count of all of the proposed, under construction, renovating, pre-leasing and planned mixed use retail centers around here. We’ve written about a similar project on lower Greenville, the Timbercreek redevelopment, the Casa Linda renovation, the town center at Walnut Hill and Central, and at least three or four more –- to say nothing of the Lake Highlands Town Center. In fact, I'm supposed to do a post, complete with spiffy pop-up map, with each of these proposals outlined.
It’s amazing, considering how little retail we had here 10 years ago, that everyone has decided to throw all these new shops at us now. Yeah, yeah, yeah, I know all the reasons, but even so, that’s a lot of space to rent. It’s even more space to rent given the economy and the credit crunch.
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