07-01-2011 11:51 AM CET - Industry, Real Estate & Construction

Billingsley Company Gets Official Approval to Re-Zone Four Corners of 190 and Dallas North Tollway

Press release from: Billingsley Company
PR Agency: Power Public Relations

Billingsley Company, a longtime leader in Texas master-planned communities and real estate developments, received official City of Dallas approval last Wednesday to develop its property at the four corners of the Dallas North Tollway and State Highway 190.

The major north Dallas intersection will host four buildings which will consist primarily of office space and stand 16 stories tall. As part of Billingsley’s strategic development of the key corners, one building may ultimately become a hotel. The total size of all four buildings is approximately 1.4 million square feet.

“The location of our next significant development is at the heart of north Dallas and sits at the pulse point of two major roadways and several fantastic neighborhoods,” said Lucy Burns, Partner, Billingsley Company. “These buildings will be a gateway between Dallas and Plano with incredible access and visibility from multiple thoroughfares. The development will emphasize Billingsley’s signatures of quality, design, and community enrichment. We are just thrilled about the opportunity.

The design plan calls for each of the buildings and corners to link together in a sophisticated architectural design, providing unification and aesthetic appeal. In addition to office space, the buildings will host a variety of retail stores such as sundry shops, cafes, and coffee shops that will cater to office tenants. Additional office amenities will include unobstructed views of the city and great tenant visibility.

Parking will be ample. The 16-story buildings will have podium parking at the base with office towers situated above.

The ideal location of the office park will allow professionals an easy commute from surrounding communities including Addison, Plano, Frisco, Allen, Lewisville, Carrollton, Farmers Branch, and Garland. Nearby parks and shopping centers are also abundant, which will offer workers easy access for lunch or after work. Several fitness centers are also close by.

Billingsley has already positioned itself in the area by building Gramercy on the Park, a large apartment community close to the southeast corner of Highway 190 and the Dallas North Tollway.

“Billingsley Company’s New Development” / 2

“The commercial market in Far North Dallas is extremely strong, and as the region continues its rapid growth to the north, our vision for this new development is that it will serve as a gateway to Dallas and Plano,” said Burns.

With more than 20 years of development experience, Billingsley Company has proven that it knows how to expertly design and build successful commercial and residential real estate. With the addition of this new master-planned development, Billingsley is mirroring the metroplex’s future plans and expanding.

About Billingsley Company

With offices both in Carrollton and downtown Dallas, Billingsley Company delivers unique insight and expertise to the art and science of commercial and residential real estate development. Founded in 1978 by Lucy and Henry Billingsley, Billingsley co-owns, designs, finances, leases and manages their properties for the future success of their investments and the success of their tenants.

Combining their relationships in the local market with their expertise in development, Billingsley Company provides expanded opportunities for their business partners. From raw land to fully developed communities, they are engaged in each step of the process. Delivering smart design integrated with artistic works and natural spaces, Billingsley Company’s developments are life-
enhancing communities in which to work, live, play, shop and dine. For further information, visit www.billingsleyco.com.

Billingsley Company
1722 Routh Street, Suite 1313
Dallas, TX 75201

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