A 2.2-mile stretch along SH 114 in and around Southlake will transform vacant land into developments with major tenant anchors as soon as this winter.
Two retail developments, one with an anchor tenant being a grocery store and the other a steakhouse, are coming to Southlake. Trophy Club has started the process of adding business and gathering space near its town hall, further boosting visibility and visitors along a portion of SH 114 in Tarrant County.
”We’re getting some of the spaces on [SH] 114 filled,” said Daniel Cortez, Southlake director of economic development and tourism. “That signals northeast Tarrant County is still growing.”
What's happening
The three different projects are slated to include new shopping, dining and other activities on 46 acres in Southlake and 7.4 acres in Trophy Club.
The largest development is Shivers Farm, a 40-acre mixed-use development at SH 114 and North White Chapel Boulevard. Southlake City Council approved Trademark Property Co.’s $120 million plan to bring a grocery store, office, retail and 37 single-family housing lots in October to the proposed project.
The Shivers Farm property dates back to 1918 when a house was built there and the property began operating as a farm. Other parcels of land date back more than 70 years and 40 years.
“With leasing activity already underway, this will be a grocery-anchored destination unlike any other in the area,” Trademark CEO Terry Montesi said.
Last year, he said that an organic grocer with a national presence would be in this project. An Instagram post on Jan. 9 stated the developer had signed a lease with a grocer, though the name of that retailer has not been announced. Seven filing permits for retail buildings were made on March 31, tallying more than $30 million.
“Trademark, based on their plan and their layout, they’re bringing a restaurant cluster to us,” Cortez said. “There have been some very neat names that have been thrown around that I can’t disclose, but some of the more trendy restaurants you hear throughout DFW that are already established may be coming to Southlake. That kind of goes back to the destination-type dining. Aside from the grocer, you can go ahead and start thinking about where you’re going to dine.”
Zooming in
Trophy Club hired Catalyst Commercial Inc. for advisory work for $5,500 a month for up to 14 months and Core Location Advisor for brokerage services for $77,000 to develop a small area plan near town hall, called The Grove at TC, with aspirations of spurring economic activity along SH 114, Town Manager Brandon Wright said.
“There is not really much development left in Trophy Club, so we can be very slow and intentional and selective,” Wright said, adding the town is about 95% developed. “The town has two large parcels vacant right now, and it provides us a really good opportunity [for retail development].”
He said the companies will create the framework from feedback and seek a developer who would have an interest in the project.
There are vertical mixed-use development concepts that could feature office, commercial or restaurant use, as well as infrastructure plans for traffic flow, parking and pedestrian walkways.
The town owns 4,000 linear feet along SH 114 frontage roads, but Wright said a development there would need to keep sufficient parking for HG Supply Co., a restaurant on a 2-acre tract of land.•
Also of note
Restaurateur Tim McEneny is bringing Dakota’s Steakhouse to Tarrant County. McEneny is developing a 6-acre tract at the intersection of West Kirkwood Boulevard and SH 114 that will include the steakhouse, an event center and a shopping center with seven retail suites. The first phase of the three-phase development is the steakhouse, which will be visible along SH 114 thanks to its 35-foot elevation.
“It’s going to look good because it’s going to glow that amber color, and you’ll see the trees and the steakhouse because it is prominent, but you won’t see much of the rest of the site from the street,” McEneny said. “The steakhouse will be front and center on that corner.”
The steakhouse will feature a waterfall that is 60 feet tall and 10 feet wide, which will be the focal point inside the restaurant, he said. In the adjacent event center, a portion of it will be underground, an ode to the original location in Dallas.
He said construction of the steakhouse will start in June and could be done within a few months.
The event center is the second phase, and the retail portion, which will be called Kirkwood Reserve, is Phase 3.
McEneny said there has been a lot of interest in the retail spots. One of his ideas for a spot is a butcher shop and bakery mix, where dining guests can buy cuts of meat or freshly baked bread to take home.
Project timeline
- January 2025—Dakota’s Steakhouse finds new land for restaurant, event center
- October 2025—Southlake council approves Shivers Farm mixed-use development
- January 2026—Trophy Club awards contracts for economic development options
- Spring 2026—Planned groundbreaking for Shivers Farm development
- June 2026—Vertical construction planned for Dakota’s Steakhouse
- 2027—Planned opening of the event center at Dakota’s Steakhouse
