The Shops at Willow Bend acquired by New York-based Spinoso Real Estate Group

Mall.
The Shops at Willow Bend has been acquired by Spinoso Real Estate Group. (Community Impact Newspaper staff)

The Shops at Willow Bend has been acquired by Spinoso Real Estate Group. (Community Impact Newspaper staff)

Spinoso Real Estate Group recently acquired The Shops at Willow Bend shopping mall, according to the real estate company's website. Based out of Syracuse, New York, SREG specializes in creating value for large-scale retail and retail-based mixed-use projects, according to its website.

Plano’s only remaining indoor shopping mall previously changed hands in April 2020 amid coronavirus-related shutdowns and a $125 million expansion project that began in 2017. Starwood Retail Partners purchased The Shops at Willow Bend in October 2014 and began a redesign to overhaul the mall, according to a 2015 news release. Starwood Retail Partners had been spearheading a construction project to revamp the property but lost control of it in court proceedings, according to an April 23, 2020, letter to tenants obtained by Community Impact Newspaper. The court placed the mall in possession of Trigild, a company with offices in Dallas and San Diego that acts as a fiduciary for properties in bankruptcy proceedings, among other services.


According to its website, The Shops at Willow Bend features more than 100 stores, including Macy's, Neiman Marcus and Dillard's. It is located at 6121 W. Park Blvd., Plano. 972-202-4900. www.shopwillowbend.com


By William C. Wadsack

Senior Reporter, Plano/Richardson

William joined Community Impact Newspaper in December 2019. He previously served as managing editor of several daily and weekly publications in North Texas and his native state of Louisiana.



MOST RECENT

People in a meeting.
Plano ISD board to allow temporary mask mandate to expire on Sept. 24

The temporary mandate, which allows for medical, religious, philosophical and administrative exemptions, has been in place since Aug. 26.

The case was proposed at the Sept. 20 planning and zoning meeting, but commissioners agreed to table the matter until Oct. 18. City staff recommended the commission approve the zoning request. (Erick Pirayesh/Community Impact Newspaper)
Mixed-use development proposed for Haggard-owned farmland in Plano

The more than 2-million-square-foot area is one of the largest undeveloped tracts of land in Plano

 Redistricting is one of the items on the Texas Legislature's third special session, and the state Senate released proposed maps on Sept. 18. (Ali Linan/Community Impact Newspaper)
Texas Senate releases proposed redistricting maps as special session begins

Redistricting is one of the items on the third special session, and the state Senate released proposed maps on Sept. 18.

meeting
Denton County approves property tax rate increase, 5.66% more in spending for upcoming budget year

At a Sept. 21 meeting, county commissioners approved a fiscal year 2021-22 budget of $336.91 million, which is a 5.66% increase from the current year.

The plan is a long-term guide for the city that focuses on future growth, priorities, services and development in Plano, according to its official description. (Community Impact Newspaper file photo)
Draft Comprehensive Plan nears completion, approval by Plano City Council

Officials said the plan is 99% agreed upon, but discussions slowed due to a disagreement over one statement in the draft.

Building.
Immigration attorney opens new office near Collin Creek Mall redevelopment in Plano

Jaime Barron, P.C.-Immigration Law Group's services include helping companies with employees who are not U.S. citizens, assisting families with loved ones in foreign countries and helping with some limited civil attorney services.

Person.
Total Men's Primary Care plans to open first Plano location in October

This will be the first location in Plano for the health care clinic, though it has 15 locations in the Dallas-Fort Worth area.

Microphone.
Plano House of Comedy reschedules club's opening date

The comedy club, which is taking over the space formerly occupied by the Blue Martini lounge, will feature a dine-in experience with drinks and stand-up comedy.

CityVet offers routine exams for dogs, among other animals. (Courtesy CityVet)
CityVet opens new location in Plano

The veterinary clinic provides full-service care for pets.

Compass has offices across DFW, including in Plano, Southlake, Highland Village and Frisco. (Courtesy Adobe Stock)
Real estate company Compass acquires LegacyTexas Title

The acquisition will strengthen Compass’ title and escrow portfolio and enable further integration of the company’s brokerage and related services, according to a company release.

Crews work to pave a section of the tollway near the Spring Creek Parkway exit in Plano. (Courtesy NTTA)
Expansion of Sam Rayburn Tollway in Plano nears December completion

The tollway’s widening project began in January 2019. It adds a fourth lane in both directions from Denton Tap Road in Coppell to US 75 in McKinney.

See new population data in Plano. (Community Impact Newspaper staff)
Plano 2020 census data reveals substantial increases in residents of color

Residents who identify as white decreased by almost 13%, according to the U.S. Census Bureau.