DEVELOPMENT $1.3B Crown Centre plan re ects rise in mixed-use communities
BY DESTINE GIBSON
toward developments that o er employees a high-quality place to work with easy access to restaurants, green space and other amenities. “[Crown Centre has] great access to work and play,” Patterson said. Crown Centre has 300 multifamily units and 105,000 square feet of o ce space. An additional 300 multifamily units are slated to be completed in late 2024, Patterson said. The development marked another milestone when Crown Centre II broke ground in April. The $50 million investment will bring a four- story, 147,000-square-foot of ice building to the area. It is expected to be completed in mid-2024. The 140 acres encompassing Crown Centre are the last remaining undeveloped land in the Castle Hills community, Patterson said. “[Crown Centre is] kind of an ideal place to mix work and leisure,” he said.
Bright Realty’s Crown Centre development will bring more hous- ing and amenities to Lewisville. Located at SH 121 and Carrollton Parkway, the $1.3 billion mixed-use development will include up to 2,000 multifamily units, 3 million square feet of of ice space and up to 500 hotel rooms upon completion, according to the company. It could be completed as early as 2030. The 140-acre master-planned community will also have three open spaces with lakes and trails that connect its 35 buildings; outdoor event space; and 140,000 square feet of other nonresidential commercial uses, including retail and open green space. Mixed-use communities are becom- ing more common, said Lucas Pat- terson, Bright Realty’s executive vice president. Employers are gravitating
Upon completion, Crown Centre will have multifamily units, o ce space and hotel rooms. (Renderings courtesy Bright Realty)
Crown Centre at Castle Hills 1921 SH 121, Lewisville 972-560-2868 https://crowncentrecastlehills.com
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Crown Centre II will be a 147,000-square-foot o ce building.
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