Eric Stanley Joins Expert Panel on 121 Corridor Activity
Bright Realty President & COO Eric Stanley will join a panel of experts at Bisnow’s “121 Corridor Expansion” forum, to be held August 25, 2016, at the... Read more »
Bright Realty President & COO Eric Stanley will join a panel of experts at Bisnow’s “121 Corridor Expansion” forum, to be held August 25, 2016, at the Sheraton McKinney Hotel. The event features developers, owners, investors and government officials addressing the unprecedented growth in real estate development projects in and around the State Highway 121 corridor, which has been especially active in the surrounding market areas from Lewisville, Plano, and Frisco all the way to McKinney. “With our headquarters in Castle Hills in Lewisville, just south of State Highway 121 at Josey, Bright Realty has been at the epicenter of this activity for many years,” says Stanley.
The event includes a keynote address from Brian Loughmiller, mayor of the City of McKinney, with Dan Bowman, executive director and CEO of the Allen Economic Development Corporation, serving as moderator. Other panelists are leaders from Granite Properties, Hines and Craig Ranch, among others.
Bright Realty is the developer of Castle Hills, a master-planned community with approximately 4,000 single family homes in the SH 121/Lewisville area, with 750 more homes planned in the coming years. This year Bright Realty delivered the first phase of Discovery at The Realm, a 4,000-unit luxury multi-family development that is part of Bright Realty’s planned mixed-use project The Realm at Castle Hills. The Realm will consist of 1.4 million square feet of retail, office, restaurant and entertainment on a total of 324 acres. Also this year Bright Realty completed the first phase of land development for a 150-acre corporate campus along SH 121 known as Crown Centre at Castle Hills. With the infrastructure and the development complete, Bright Realty is proceeding with plans for the first office building which is planned at seven stories with a total of 202,350 rentable square feet. Bright Realty also has several pad sites for lease and sale in the area.
“The region is home to some of the top employers in the Dallas-Fort Worth area including Toyota Motor Company, Nebraska Furniture Mart, Frito Lay, JC Penney, and FedEx Office, all located within minutes of Castle Hills,” says Stanley. “With the employment growth rate in Dallas-Fort Worth at a consistent incline, and a residential population that will continue to expand and thrive, the area will continue to require housing, retail and entertainment to those living and employed in the area.”
Bisnow is a trade outlet that covers commercial real estate both nationally and internationally. For more information about the event, visit: