When Jeff Cheney was first elected to Frisco City Council, he held his victory party at Bonnie Ruth’s, a restaurant at The Shops at Starwood. The shops, located at Lebanon Road and the Dallas North Tollway, have since been a regular stop for Cheney’s family, he said.
Now with The Shops at Starwood expanding, he said the development will be a “nice bookend” on the northern end of Frisco’s $5 Billion Mile.
The Shops at Starwood broke ground June 26 on the third phase of its community commercial development.
“All of these projects on the
$5 Billion Mile are exciting,” he said. “They are going to bring a lot of things to the city. [The Shops at Starwood expansion] is going to be another cherry on the top of that pie.”
The expansion, which is expected to open at the beginning of 2016, will include more than 26,000 square feet of restaurant and retail space and more than 11,000 square feet of executive office space.
The Shops at Starwood, a 10-year-old development, is fully leased and includes small chains, such as Smashburger, and local businesses, such as Panache at Home.
Rob Exline, The Shops at Starwood leasing agent, said there are no contracts yet, but he has received several letters of intent for leasing at the new phase.
Real estate company Whitestone REIT obtained the development in 2011 and has since planned the development through the vision of a community center business model, Whitestone Chief Operating Officer John Dee said. This model calls for a mix of local, regional and national tenants.