Hillwood plans new mixed-use development

By November 17, 2015Uncategorized

Hillwood Properties has unveiled plans for a major mixed-use project called Circle T that could include a corporate headquarters, a hotel, a movie theater and hundreds of apartments at the junction of Texas 114 and Texas 170. The corporate office alone could be as big as 1.6 million square feet, rivaling Southlake Town Square a few miles away. No tenant has been announced for the space, but it could have as many as 5,000 employees at full build-out, according to plans presented at a West-lake Planning and Zoning Commission workshop last week.

The Circle T concept plan also includes 750 residential units, a midrise office tower totaling 800,000 square feet and a mixed-use retail/office area with 350,000 square feet, including a specialty grocery store. The plan also calls for a 200-room hotel and several parking garages. The proposal will require zoning changes and other approvals from the commission and is on the panel’s Dec. 1 agenda.

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