Dallas Cowboys’ operator Jerry Jones is growing his actual estate empire with a main undertaking south of Dallas.
The Jones family’s Blue Star Land has quietly acquired a lot more than 120 acres on Interstate 35E in Waxahachie. Blue Star and Dallas developer Lincoln Residence — the exact team that created the Dallas Cowboys’ $1.5 billion Star in Frisco project — are preparing to make on the substantial-website traffic Ellis County corner.
Authentic estate broker Rex Glendenning, who managed the Blue Star house buys, reported the land was obtained for “a mixed-use job consisting of city household, industrial and e-commerce, as nicely as some retail and business.
“Plans are for Blue Star to develop the industrial part of the home with Lincoln handling the marketing and advertising and leasing for the industrial,” Glendenning stated.
The growth web page is at the very last vacant corner of I-35E and U.S. Highway 287 and is throughout the road from the Waxahachie Civic Center and Baylor Scott & White Health-related Heart.
Glendenning’s Rex Real Estate programs to marketplace making web-sites in the project for residences, retail and industrial construction.
Blue Star Land normal manager Joe Hickman “will spearhead the over-all enhancement and infrastructure and feels strongly that this will be a fantastic match to compliment the other industrial and blended-use jobs that Blue Star has underway in equally the Frisco and Prosper space,” Glendenning reported.
Lincoln Property and Blue Star currently are working on strategies for industrial structures that will be formulated at the 71-acre core of the sprawling venture, he explained.
A lot more than 14 acres at the south conclude of the project are reserved for apartment design.
The retail properties will experience the freeway frontage roadways.
The developers have already received zoning approvals for the venture, which is about 30 miles south of downtown Dallas.
“I have been accomplishing organization with the Jones family members for above 25 yrs, and I consider this is my 1st offer with them south of downtown,” Glendenning reported. His Rex Authentic Estate negotiated the land buys with Jim Whitten of Whitten Commercial.
Jim Knight of KFM Engineering oversaw the venture engineering and setting up approvals.
While the Jones spouse and children is most usually regarded for its experienced football crew, the Dallas Cowboys owners’ company is also 1 of the most active authentic estate developers in North Texas.
Together with the 91-acre Star combined-use task in Frisco, Blue Star Land is setting up an even greater multi-use improvement on U.S. Freeway 380 in Prosper. The huge Gates of Prosper improvement has far more than 800,000 sq. ft of retail room on two corners with Preston Highway and home for added development.
Blue Star Land is also making the 200-acre Star Enterprise Park on Preston Road in Frisco. The actual estate agency just submitted strategies for two additional industrial buildings there.
And in Irving’s Las Colinas community, Blue Star and Lincoln Assets are developing a 36-acre blended-use project that contains residences and retail in its to start with phases. A luxury hotel and business office buildings are also planned in the Star Park progress on Point out Freeway 114.