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With its stylish architecture, modern design and unique retail with al fresco options, CityLine metroplex has the North Texas area buzzing with excitement as recent updates come to the massive 186-acre mixed-use development.
GlobeSt.com recently published an article identifying growth patterns in the North Texas market, pinpointing the North Dallas region, specifically Richardson, as “stealing the limelight in the massive market.”
Tracie Fraizier, the Director of Marketing at KDC, the commercial real estate company developing the CityLine property, describes the project as, “A unique destination in Richardson. With its vast scale, density and various attractions, it is our hope that it becomes the true downtown for the City of Richardson. CityLine will offer Richardson residents, and those who live and work nearby, the benefits and convenience of an urban environment found in Dallas, but in closer proximity to their homes in the suburbs.”
At full build-out, CityLine will contain approximately six million square feet (SF) of office space, two hotels, nearly 4,000 multi-family residential units, 300,000 SF of grocery, restaurant, entertainment and retail space, and three parks.
“The retail is a crucial element of the master-plan design of and goals for CityLine. CityLine is designed to be an active, vibrant and amenity-rich environment, and the retail will help supply much of the ‘life’ and ‘energy’ for the project. We envision an active sidewalk scene at CityLine, with patio seating in front of restaurants and bars,” continues Tracie.
Sharing similar ethos for creating desirable and thriving centers, Regency Centers partnered with KDC on this project to develop CityLine Market. The market is located on 11.3 acres and contains over 81,000 SF of retail, and will serve as the cornerstone of essential retail and dining to the massive mixed-use development.
As the developer of CityLine Market, Regency Centers prides itself on blending the right tenant-mix to fulfill the needs of the surrounding community. In August, Whole Foods Market was announced as the specialty grocery-anchor, occupying 40,000+ square feet of retail.
Regency Centers’ Vice President and Regional Officer, Matthew Booth states, “With a daytime population of over 145,000 people and a purchasing power over $90,000, CityLine Market lives in booming area of growth and development. We’re beyond excited for what we’re putting together here, and how our grocery anchored retail will enhance what is already a fantastic project.”
Just last week, Regency Centers’ announced the newest tenant line-up at CityLine Market and local headlines captured the anticipation:
“Richardson's shiny new CityLine complex signs on more restaurants” – CultureMap Dallas
“CityLine announces 10 new tenants, including 5 restaurants” – Dallas Business Journal
“New Retail Tenants on Tap for Richardson’s CityLine” – Dallas RealEstate Daily
Incoming concepts include Taco Diner’s traditional street food of Mexico City, Luna Grill’s authentic Mediterranean cuisine, Modmarket’s farm fresh eatery, Pei Wei’s fast-casual Asian inspired cuisine, Smashburger’s fresh handcrafted burgers and sides, 18|8 Fine Men’s Salon’s dedication to making men look and feel their best, Massage Envy Spa’s luxurious therapeutic services, CityLine Dental’s modern dental care, The Joint Chiropractic, and Luxx Lash’s beauty studio.
“The leasing interest has been substantial, to say the least. These best-in-class national and regional businesses are eager to open in Richardson, and I know the community will love the variety and uniqueness of the lineup,” said Ryan Griffin, Senior Leasing Agent for Regency Centers.
CityLine Market will serve the second largest employment center in the Dallas/Fort Worth metro area with major employers including State Farm Insurance, Raytheon, AT&T, The University of Texas at Dallas, Blue Cross & Blue Shield of Texas, Verizon Business and Cisco Systems.
“We are thrilled about the announcement of these dining and retail establishments that are further expanding new business opportunities at the CityLine development,” said Richardson Mayor Laura Maczka. “These new venues will further enhance the strength of CityLine as a signature retail destination, and we are excited to see interest in the development from these great establishments.”
Located just off the George Bush turnpike and within walking distance of the DART light rail stop, CityLine Market will serve not only CityLine employees and residents, but the Richardson community.
CityLine Market is scheduled to open in the spring of 2016. For leasing information, please contact Ryan Griffin at 214-706-2502, or RyanGriffin@regencycenters.com.
