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• Between Lifetime & Harley on 121
• Two building campus 160,000 SF
• 71,000+ SF Spec Flex Building
• US HQ & Distribution for Omnilife
• 140+ employees
• Museum quality office
• Breaks ground Q3 2024
Leasing: Nat Parsons, White Bridge Capital
• Semiconductor chip design center
• Fortune 500 company
• Leased 97,500 SF; 12-year term
• 352 jobs; $140,000 avg salary
• $35 million capital expenditure
• Eliminated largest office vacancy
• One of largest DFW deals for 2024
Tenant
• Founded in 1932
• AFSI Relocated to Allen in 2002
• Global provider of fiber optic interconnections
• $10+ million capital investment
• Doubled in size, up to 94,000 SF
• Growing to 200+ employees
• Anchor tenant for 121 Tech Park
• Tenant Rep: Mike Kay, Colliers
• Landlord Rep: Ken Wesson, Lee & Associates
• 160,000 SF Store
• 860 Parking Spaces
• AEDC Owned Land Sale
• Fuel Center SUP Approved
• Corner Outparcel
• Traffic Light
• Driveways Connecting to Church
• Planned Closing in October
• Construction Complete Summer 2025
• CyrusOne plans two new buildings for Allen Data Center Campus
• Up to $500M investment
• 2nd building complete by end of 2024
• Plans for 3rd and potential 4th building
• $4+ million capital investment
• 650 local employees
• Major center of excellence
• 2-story 92,066 SF
• Built in 2000
• 519 parking spaces
(5.64/1000parking)
Broker: Timothy Fisher,
1025 S. Central Expressway
• 26.5 acres
• Redevelopment opportunity
• Purchased by Formation Interests in Oct 2023
• Buildings Constructed in 1983
• Retail/Restaurant: 3 Buildings, 15,100 SF
• Patios: 6,200 SF
• Central Lawn: 6,300 SF
• The Grove Lawn: 12,200 SF
• Central Stage
• Temporary Parking
Watters Creek District
Award-winning Watters Creek District, walkable amenities
Over 900 acres along fast-growing business corridor, prestigious developers have begun laying the groundwork to attract the next corporate relocations to Allen. Entertainment District of SH 121
Unique entertainment venues appeal to businesses and local residents alike, including The Hub, Katy Trail Ice House and Chicken N Pickle.
Key Properties
• One Bethany at Watters Creek
• One Watters Creek
• One Allen Center
• Marriott Dallas Allen Hotel & Convention Center
• Watters Creek Village
• With the award-winning Watters Creek District, employers can have an office walkable to highly desirable amenities.
• Over 70 restaurants and shops in Watters Creek mixed-use center
Watters Creek Village has over 70 different shops and restaurants, and these are just a few!
• Rebranded from Allen Tech Hub
• 105,000 SF Class A office building
• Located in Watters Creek
• Integrated into the Shopping Center
• US 75 Frontage
• Open 25,000 SF floor plates and 90% garage covered parking
• Two full floors available
• Tenant Lounge, Grab & Go Café
• 1,500 – 3,500 SF spec suites delivering
• Competitive rental rate
Marriott Dallas Allen Hotel & Watters Creek Convention Center
• Total of 100,000 SF of event space
• 15 break out meeting rooms
• 40,000 SF convention hall
• 12,000 SF ballroom
• Majority of the year booked for conventions
• 17-acre corporate office park
• 3 existing class A office buildings
• AEDC has 2 available sites for BTS projects
• 1.2 million SF space planned
• Spec suites available
• First class amenities include on-site virtual golf simulator, conference center, tenant lounge and fitness center with shower facilities
• Access to Watters Creek Village
• Mid-sized corporate & Regional HQs
• Software Development & AI
• Financial Services
• OBE is nearly full
• Micron sublease of +/- 35,000 SF available at OBW
• North of One Bethany East & West
• South of NetScout
• Significant green space
• Planned restaurant/café
• 9 stories
• Continuing the quality
Allen, Texas
With over 900 acres along one of the fastest-growing business corridors in the nation and 9 million SF of Class A office planned, developers are laying the groundwork to attract the next corporate relocations to Allen.
Phase 1 B (office)
Phase 1 B (retail)
Initial Park Space
Initial Retail
Full infrastructure build-out: $150M+
• TIRZ #4 approved (2023)
• 4 lanes of Ridgeview Drive to open 2024
• Ridgeview/75 Interchange complete in 2024
• 4 lane Chelsea Blvd under construction
• Mexican Bar signed to kick off entertainment
• Phase 1 is under construction:
• Infrastructure
• Restaurants
• Parks
• Art
• Residential
• Setting the table for office in Phase 1B
129 Attached Townhomes
Stillwater
Tech/Manufacturing
Buildings
AEDC
Purchasing
10.42 Acres: Office & Retail
Phase 1:370,000 SF
Phase 2:Flexible on Layout
• Phase I (370,860 SF) construction nearing completion
• Building B (94,413 SF) fully leased by Amphenol
• Lease signed with Xtera (21,200 SF) and in leases with prospect (23,000 SF)
• Phase II (370,000 SF) construction could proceed eminently
• 129-acre townhome project (Chelsea Commons) under construction
• 10.42-acre AEDC site available for office and retail/restaurant prospects
The HUB: Opened Nov 2022
West Lake Park: Complete Spring 2024
FarmWorks One: Complete Sept 2024
Chicken N Pickle:
Open Spring 2025
High 5: Starts Fall of 2024
Alta 1: 75% Leased
Watters Edge: Delivering Units
Hotel: Design Underway
Alta 2: Open Spring 2025
Alta 3: Design Underway
Retail: Design Underway
• Three-story 102,000-SF Spec Office
• Dedicated 4/1,000 space parking garage
• Walkability within The Farm district
• Broke ground June 2023
• Delivering September 2024
Lead tenant: FibergrateCompositeStructuresHQ
Tenant Reps: Mac Morse, Scott Morse & Jakey Younger (Citadel)
Landlord Reps: Nathan Durham & Duane Henley (Newmark)
• Two story dining pavilion
• Indoor/outdoor gathering space
• 25’ LED Screen for sports, concerts & movies
• Family-friendly community events
• Opened in 2022
• Multiple dining concepts
• Weekly programming & events
• Austin-based family entertainment chain
• 24 bowling lanes & lounge
• 2-story laser tag arena
• Axe throwing
• Event spaces & escape rooms
• Miniature golf course
• Breaking ground
• Opening Spring 2025
• Founded in Kansas City, MO
• Indoor/outdoor center
• Chef-driven restaurant & sports bar
• Pickleball courts & yard games
• Rooftop dining
• Corporate & social event spaces
• Huge draw for The Farm
Groundbreaking: Feb 2024
Anticipated Completion: Early 2025
Key properties
Office: 750,000 – 1,000,000 SF
Retail/Entertainment: 330,000 SF
1. Future Office
2. 10 acres available for mixed-use
3. Phase 1 Urban Residential
Retail Paradigm 5. Future Hotel Site Site Plan
• 10-acre office campus
• Two office buildings
• Adjacent to Katy Trail Ice House
Katy Trail Ice House Ranch and The Offices at The Ranch
Custer Road & SH 121
Office: 200,000 SF
Hotel: 200 Rooms
Ret/Rest: 60,000 SF
Grocer y: 118,900 SF
Urban Res: 1,200 Units
T ownhomes : 100 Units
Infrastructure
Complete by Spring 2025
With over 900 acres along one of the fastest-growing business corridors in the nation and 9 million SF of Class A office planned, developers are laying the groundwork to attract the next corporate relocations to Allen.