Billion-dollar mixed-use development under way near Dallas
Vitruvian Park, a billion-dollar, public-private mixed-use development in Addison, Texas, will add 5,500 multifamily units and 300,000 sf of office and retail space on nearly 100 acres in the north Dallas suburb. Developer UDR Inc., Highlands Ranch, Colo., plans to pursue LEED certification for the project, which will incorporate numerous public amenities, including lush landscaping, a spring-fed creek, parks, water features with bridges, and an amphitheater. The development will also encourage pedestrian traffic within the retail and residential areas through its traffic-calming design, widened sidewalks, and proximity to the interior main street.
The first phase includes 667 housing units and a 12-acre public park. Leasing is projected to begin by the end of 2009 with occupancy expected to be available at the beginning of 2010. All phases of Vitruvian Park are expected to be completed in 2017.
WDG Architecture, Looney Ricks Kiss, Andres Construction Services, Icon Consulting Engineers, and Kevin Sloan Studio are among the AEC firms working on the project.