Work to start on Richardson retail project

06/20/2010

Dallas Business Journal - by Bill Hethcock Staff Writer


Construction is set to start next week on a $10 million, 32,000-square-foot retail center in Richardson that will contain an Ebby Halliday Realtors office and a Four Sisters Cafe.

The development, called The Shire, phase II, will be built on 9 acres at the southwest corner of the President George Bush Turnpike and Shire Boulevard in Richardson, said Jefflyn Williamson of Jefflyn & Co. commercial real estate firm in Dallas, which is developing the center. Ground-breaking is scheduled for Monday.

The restaurant, which will serve Texas Acadian food, will be 8,600 square feet, and the real estate office will be 10,150 square feet. The plans call for about 14,000 square feet of additional retail space.

The shell building will be completed in November and the Ebby Halliday office and restaurant are scheduled to open in March, Williamson said. She noted that it's one of the few development projects moving forward: "Any new project right now is a good thing."

The center is being financed by Wells Fargo Bank.

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