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March 20, 2006
MAJOR PROJECT ANNOUNCED FOR 380 CORRIDOR;
WEITZMAN NAMED EXCLUSIVE LEASING AGENT
FRISCO—Oakridge Investments, Inc., in conjunction with The Rudman Partnership,
has announced a major regional retail project to be built on 81 acres at the
southwest corner of Highway 380 and FM 423 in Frisco. The project, to total more
than 515,000 square feet of multi-tenant retail, is designed to feature six
major and junior anchors, along with in-line retail space, entertainment uses
and freestanding restaurant and retail buildings.
The Weitzman Group has been named exclusive leasing agent for the regional
project. Brian Glaser, president of Weitzman’s DFW Commercial Retail Division,
and Sue Hageman, Weitzman vice president, are responsible for leasing.
The project will feature major frontage along Highway 380, which is one of the
fastest-growing and most dynamic corridors in North Texas thanks to its location
and its rapidly growing residential communities. Within a 10-minute drive time
of the center, there are more than 121 active residential subdivisions.
Currently, within the 10-minute drive time of Highway 380 and FM 423, there are
approximately 91,000 people. Within three years, that population is expected to
grow to more than 141,000 people. Within five years, the population is expected
to top 165,000 people.
Weitzman is marketing the project to major anchors and retail uses that will
benefit from its location, its visibility, the strong demographic and the
powerful retailer mix that will be assembled at the center.
Frisco Crossing is designed to be the premier retail destination for the
trade area.
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