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Hines to Develop 135-Acre Mixed-Use Project in Allen, TX

5/12/17

Hines has announced plans for a new 135-acre corporate campus and mixed-use development in Allen, TX, to be called The Strand. Master-planned by Gensler, The Strand is located at 121 and Alma in Allen. It is being developed in collaboration with Bob Johnson, whose family has owned the land since 1965.

The Strand will be a vibrant and diverse corporate campus and mixed-use neighborhood, complete withoffice space, supporting retail and urban residential options along a greenbelt and waterway. Situated in a prime location just south of McKinney, the development will serve as a new socio-economic hub for the city of Allen - offering the synergy of a diverse program, unparalleled site amenities and walkable spaces that attract the local public as well as nearby residents.

Phase One of The Strand will include approximately 200k sf of office space, 80k sf of retail space, urban residential options, and the beginnings of the greenbelt park space, all of which will be served predominantly by structured parking over about 35 acres. Phase Two and Phase Three will culminate with the complete build out of 1.5 msf of office, up to 300k sf of retail, and urban residential options - all tied together by a 10-acre greenbelt and trail system that draws users through the development and to Watters Creek with connection to the adjacent 75-acre Watters Branch Park project.




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