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ANNOUNCEMENTS

From left to right:
John Curtis Mathes, Senior Vice President of Brokerage; David C.
Wilson, president of Connection Development Services; Steven A.
Lieberman, CEO The Retail Connection; and Daniel A. Fuller, Vice
President of Connection Development Services
10/10/07
The Arlington Highlands: More Than Shopping
The Matlock Road and I-20 corridor is quickly becoming
Arlington’s newest entertainment destination.
The Arlington Highlands features the best brands in retail,
dining and entertainment with plans for a full-service hotel and
more family entertainment venues. Groundbreaking for Arlington
Highlands East is set for November on 20 acres just east of the
site.
“From the beginning, we were wanting something really special,” said
The Retail Connection CEO Steve Lieberman. “We’re raising the level
of the shopping experience. We’re creating a destination where
people can shop, dine, work, play and stay.”
“Today’s Shopper Wants the Best of Both Worlds”
Arlington Highlands is best described as a lifestyle center by the
team of developers, the Retail Connection.
“We’ve seen an evolution in retail development and a migration into
lifestyle centers,” said David C. Wilson, president of Connected
Development Services, a wholly-owned subsidiary of The Retail
Connection.
“Today’s shopper wants the best of both worlds, quality and variety,
which are not offered in the traditional mall environment,” Wilson
said.
Arlington Highlands is 80 stores on 80 acres combined with 635,000
square feet of shopping space. In 2006, the development earned a
Best Deal Award from the Dallas Business Journal.
Lifestyle centers promote pedestrian street activity and shopping in
a park setting. Storefront parking makes quick stops possible and
gives patrons the feeling they want to stay.
Daniel Fuller, Jr. vice president of Connected Development Services,
a subsidiary of The Retail Connection, said moviegoers can venture
out of Studio Movie Grill and walk to their favorite restaurant or
store.
Upon completion, the Highlands will have 110 stores and more than
800,000 square feet, he said.
The Economic Impact
The Highlands will create more jobs and help recapture lost retail
sales, said Deputy City Manager Trey Yelverton, who leads the city’s
Champion Arlington economic development strategy.
“Far too many residents were leaving the city to shop for specialty
items because those places didn’t exist in Arlington,” Yelverton
said.
Dollars that would otherwise leave the Arlington community are
staying, Yelverton said. Shoppers who would have driven to places
such as Southlake, Frisco and Dallas are coming to the Arlington
Highlands.
Retailers were drawn to the south Arlington location because of its
rapid growth, its immediate access to I-20 and the regional
attraction of shoppers from Mansfield and Fort Worth from the west
and Grand Prairie and Dallas from the east, Yelverton said.
The large parcel of land off of I-20 remains appealing because
coupled with Parks of Arlington Mall it represents a shopper’s
paradise, he said.
Developers gave the mall’s architecture an old Texas courthouse feel
and went after key tenants like P.F. Chang and Borders with the idea
of combining big-box retailers with smaller merchants.
It’s a big investment in the community. Yelverton puts the total
economic impact of Highlands at $120 million over a 20-year period.
“This is good for the city, the college district, the school system,
the hospital district, and the county,” he said. “It provides each
entity with more resources to deliver essential services.”
The developers, agree. It’s been a great partnership.
”This project would not have been possible without the support of
the Mayor, City Council, Planning and Zoning Commission, Chamber of
Commerce and others,” Lieberman said.
Development Fuels New, Better Roadways
The Arlington Highlands is also paving the way for new and improved
roadways in the southern sector of the city.
Roadway improvements on Matlock Road are underway between Bardin and
Mayfield to improve north and south travel. Matlock is being
expanded from four to six lanes. Center Street is also being
expanded.
“Without the Arlington Highlands, we would not have been able to
make these kinds of transportation improvements,” Yelverton said.
“The expansion of Center Street over I-20 helps from a future
economic development standpoint because it will eventually connect
to the west side of the Arlington Airport and further expand
development opportunities.”
Learn more about Arlington Highlands at
www.arlingtonhighlands.com.
Who is The Retail Connection?
With over 160 retail relationships and over 16 million square feet
in leasing assignments, the Retail Connection has become one of the
most active retail developers in the Texas market. Headquartered in
Dallas, the Retail Connection provides strategic planning, tenant
representation, project leasing, general brokerage, surplus property
dispositions, national advisory services, as well as acquisition,
development and merchant banking services. Read more about them at
www.theretailconnection.net.
Article by: Cheryel Carpenter and Kenneth Perkins
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