Dallas-based developer KDC will break ground in April on a mixed-use development anchored by a Central Market grocery store at McKinney and Lemmon in Uptown.
According to a filing with the Texas Department of Licensing and Regulation, the project will be 1.7 million square feet and estimated to cost $295 million. It will feature a 25-story tower with three levels of office and 23 levels of multifamily. There will also be a 5-level type IIA multifamily high rise.
As previously reported, the development will have a Central Market grocery store on the first level. The plans also called for a four-story below parking garage.
Construction is listed to start on April 15 with the completion estimated to be in May 2025. Omniplan is listed as the design firm for the project.
Plans for the development have changed since it was first announced in 2018.
Last year, KDC said it scrapped plans for an office tower and hotel at the site and instead opted to nearly double the amount of planned apartments (800 instead of the original 432.)
Some 450,000 square feet of office space was originally envisioned when the project was first announced. It was originally purchased in 2014 when Minyards bought 8 Albertsons and 4 Tom Thumb stores in DFW.
The project will be located at the corner of McKinney and Lemmon avenues, where a former Albertsons grocery store has sat vacant for years.
Uptown’s future Central Market, which is a brand owned by San Antonio-based H-E-B Grocery Company, will be one of at least three new stores the company is planning in North Texas. H-E-B announced in 2021 that it would be expanding into Plano and Frisco by 2022. The company is one of the largest privately-held organizations in Texas, bringing in about $32 billion in annual sales with more than 420 stores across the U.S. and Mexico.
