Monthly Archives: October 2015

Saddle Creek announces latest tenant

By: Meagan Nichols

Saddle Creek has revealed a new fashionable tenant.

Lily Rain, a clothing and lifestyle store, will open in spring 2016 adjacent to Michael Kors. The 1,600-square-foot store will mark the first Lily Rain location in Tennessee.

“Leasing momentum is strong at Saddle Creek right now, and we’re pleased that Lily Rain is joining the list of tenants opening in Saddle Creek,” said Terry Montesi, CEO of Trademark Property Co., in a release. “The next few months will see additional openings, including Soft Surroundings and Kendra Scott, with more to come in 2016.”

lilyrain_logoTrademark, the center’s operator, is in the midst of phase II of its massive remodel and expansion. Once the project is completed in spring 2016, phase I and phase II will have added 25,000 square feet of additional retail space to the shops.

Saddle Creek first opened its Germantown doors in 1987 and today houses more than 40 stores across its 173,000 square feet.

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Trademark Property Co. Welcomes Lily Rain to Saddle Creek

Media Contact:lilyrain_logo

Maggie Turner Holley
mholley@sunwestpr.com
214.373.1601

Soft Surroundings and Kendra Scott to open in November

GERMANTOWN, Tenn. (Oct. 28, 2015) – Trademark Property Co., the operating partner for Saddle Creek, has announced that clothing and lifestyle store Lily Rain will open a 1,600-square-foot store at the lifestyle center in spring 2016. The store, Lily Rain’s first Tennessee location, will be located in Saddle Creek South, next to Michael Kors

“Leasing momentum is strong at Saddle Creek right now, and we’re pleased that Lily Rain is joining the list of tenants opening at Saddle Creek,” said Terry Montesi, CEO, Trademark Property Co. “The next few months will see additional openings, including Soft Surroundings and Kendra Scott, with more to come in 2016.”

Trademark is currently underway on the second phase of its redevelopment efforts at Saddle Creek, including adding 5,000 square feet of new retail space and additional parking at Saddle Creek North, as well as new signage, wayfinding, landscaping, public space transformation, and façade renovations to visually tie the northeast corner to the new Saddle Creek South. Completion is slated for spring 2016. Combined with the initial phase of redevelopment, which was completed in 2015, the redevelopment efforts will have added approximately 25,000 square feet of new retail space to the property.

Other tenants coming to Saddle Creek include: Soft Surroundings and Kendra Scott, both of which will open in November; Stoney River Steakhouse, slated to open in early 2016; and Vom Fass and Sleep Number, which are slated for spring 2016 openings.

About Saddle Creek

Saddle Creek is a 173,000-square-foot outdoor lifestyle center located in Germantown, Tennessee, the Memphis metro area’s most affluent suburb. Considered to be the first lifestyle center in the U.S. since opening in 1987, Saddle Creek is home to a collection of more than 40 fashion and specialty retailers in the Memphis and Mid-South trade area, including Anthropologie, Apple, Banana Republic, Brooks Brothers, Chico’s, Coach, Free People, J. Crew, Madewell and Michael Kors. Trademark Property Co. has been responsible for managing and leasing the property since May 2011. For more information, visit shopsofsaddlecreek.com or follow Saddle Creek on Facebook, Twitter and Instagram.

About Trademark Property Co.

Trademark Property Co. is an operator, investor and developer of award-winning, mixed-use town centers, specialty, community, power centers and enclosed regional malls. Since 1991, the Fort Worth, Texas-based Trademark has invested in, or developed over 11.5 million square feet of retail and mixed-use assets worth over $2 billion. Trademark’s experienced team of 100 employees is responsible for more than 6.2 million square feet of retail and mixed-use projects currently in operation or development/redevelopment, including: Alliance Town Center (Fort Worth, Texas), Burr Ridge Village Center (Chicago, Ill.), Glades Plaza (Boca Raton, Fla.), Hillside Village (Cedar Hill, Texas), La Palmera (Corpus Christi, Texas), Market Street Flowood (Flowood, Miss.), Market Street – The Woodlands (The Woodlands, Texas), Napa Center (Napa, Calif.), Rice Village (Houston, Texas), Saddle Creek (Germantown, Tenn.), The Shops at Highland Village (Highland Village, Texas), The Shops at La Palmera (Corpus Christi, Texas), Victory Park (Dallas, Texas), Watters Creek (Allen, Texas), Waterside (Fort Worth, Texas), and WestBend (Fort Worth, Texas). For more information, visit www.trademarkproperty.com.

Waterside Development Lands Outdoor Retailer

Globe St.
Anna Caplan

FORT WORTH – Seattle-based REI is coming to Fort Worth, a source confirms exclusively to GlobeSt.com.

The outdoor emporium will open a store at Waterside, the “Conscious Place” Trademark Property Co. – developed project off Arborlawn Drive and Bryant Irvin Road in southwest Fort Worth. The development is scheduled to open late 2016.

Located on the Trinity River, the location is a, well, natural fit for the retailer. It will join already-announced anchor tenant Whole Foods Market (also a Fort Worth first), as well as Zoe’s Kitchen, Taco Diner and Blaze Pizza.

REI opened its first Tarrant county store late last year in Southlake’s Park Village. The 22,050-square-foot store was its third in North Texas, with other locations in Dallas and Plano.

Officials with REI were not able to return calls regarding more details about the Fort Worth store. Comparable venues employ as many as 50 people; the retailer opened its first area location in 1993.

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Starwood Hotels bringing Aloft hotel to Allen’s Watters Creek development

Dallas Business Journal
Candace Carlisle | 10/15/15

Connecticut-based Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) plans to build a new Aloft-branded hotel at Allen’s Watters Creek at Montgomery Farm, a mixed-use development that recently committed to an $85 million convention center hotel.

The convention center hotel has opened to the door in Allen for other hospitality options, such as this hotel.

Upon completion, the new 136-room Aloft hotel on W. Bethany Drive in Watters Creek will be owned by Watters Creek Hospitality LLC and managed by Aimbridge Hospitality.

Plans for the hotel include bringing a 24-hour gym, pool, the Aloft signature bar, a grab-and-go food and beverage area and 2,000 square feet of flexible meeting space for business meetings and other gatherings.

“We expect the new hotel to appeal to both business and leisure travelers with its lively social atmosphere and distinctive aesthetic, as well as its desirable location,” said Terry Montesi, CEO of Fort Worth-based Trademark Property Co., which owns and manages the mixed-use development.

The new Aloft hotel will bring loft-like, tech-centric rooms in an energetic atmosphere to the City of Allen as the Aloft brand rapidly expands through Texas, said Brian McGuinness, senior vice president of specialty select brands for Starwood.

In the next three years, Aloft is set to open 10 new hotels, which will more than double its footprint in the Lone Star state. The new Aloft hotel in Allen is slated to open in March 2018.

REI to Bring Outdoor Expertise to Fort Worth, Texas, in 2016 and Relocate its Rockville, MD., Store in 2017

CONTACT:rei-logo_High Res
Mike Ferris
REI Public Affairs
253-395-8114
mferris@rei.com

National co-op serves adventurers through REI Fort Worth at Waterside and REI Rockville at Pike & Rose

SEATTLE – Over the next two years, REI, a specialty outdoor retailer and the nation’s largest consumer co-op, will open a new store in Fort Worth, Texas, in the spring of 2016 and relocate REI Rockville in the spring of 2017. The moves form part of REI’s work to continue to invest in communities that have a passion for living life outdoors.

Both locations will feature the top brands of outdoor gear and apparel for camping, climbing, cycling, fitness, hiking, travel and paddling, and the stores’ bike shop will provide cyclists with expert assembly and repair services. The stores will also offer expert advice from in-store guides and expanded classes and programs through REI Outdoor School.

“We are always looking for new ways to help local communities get outside and play,” said Greg Medlyn, REI’s divisional vice president of Retail. “Whether you’re hiking at Eagle Mountain Park or cycling the C&O Canal, we’ve been engaged in the outdoor communities in Fort Worth and Rockville for years and look forward to continuing to connect these communities to the outdoor places they love.”

The trailside, riverfront location of the new Fort Worth store will serve more than 3,000 active REI members in the area and help bring the local outdoor community together. The 24,500 square foot store will be located at Waterside, a development committed to community and sustainability with several outdoor activity areas, including a trailhead with a bicycle repair and air station, chilled filtered water for re-fillable bottles, an internal trail system, paddling activities and an urban garden.

Co-op members and customers can conveniently access the new Fort Worth location between Interstate 30 and Interstate 20 at the intersection of Bryant Irvin Road and Arborlawn Drive. With nearby stores at Southlake, Plano and Dallas, which was recently relocated to the Northwest Highway just east of US 75, the more than 80,000 active members in the region will have four co-op locations to visit.

REI Rockville will relocate to a larger store at Pike & Rose to expand its offerings to more than 52,000 active members in the region. The two-story, 36,000 square foot store will be located less than one mile from the current location and will be situated at a major intersection with nearby access to the White Flint Metro station. The new location will also allow for quick and easy access to outdoor adventures with several trails and parks located within three miles, including the historic Rock Creek Park.

There are currently more than 215,000 co-op members in the greater Washington, D.C. area who visit stores at Tysons, College Park and Bailey’s Crossroads, in addition to the current Rockville location. A fifth store will open in the region in the fall of 2016 with the new flagship location at the historic Uline building in Washington, D.C.

Learn a New Activity

As a national leader in outdoor education, REI Outdoor School offers a wide variety of free and low-cost in-store classes, field programs and day outings for cycling, paddling, fitness, hiking and camping, climbing, snow sports, photography and wilderness medicine. The new locations in Fort Worth and Rockville will build on the regions’ already robust educational programs taught by expert instructors.

Access to Outdoor Places

In addition to outfitting and inspiring members for a life outdoors, the co-op also partners with nonprofit organizations to invest in the infrastructure that makes life outside more accessible to the community. REI will invest $5.9 million in over 300 nonprofits across the country to increase access to more than 1,000 outdoor places in 2015.

Locally, REI has granted $80,000 to seven organizations in the greater Dallas area this year, including the Dallas County Audubon Society, Dallas Off Road Bicycle Association and Friends of the Trinity Strand Trail. In Rockville, REI has partnered with local nonprofits for over a decade and invested $200,000 in 13 organizations throughout the greater Washington, D.C. area this year.

Join the REI Team
Candidates interested in joining the REI team at any local store can apply online at REI.com. Employees receive a variety of benefits, including generous product and service discounts, competitive pay and retirement contributions. For 18 consecutive years, REI has been recognized as one of FORTUNE magazine’s “100 Best Companies to Work For.”

About REI

REI is a specialty outdoor retailer, headquartered near Seattle. The nation’s largest consumer co-op, REI is a growing community of 5.5 million active members who expect and love the best quality gear, inspiring expert classes and trips, and outstanding customer service. REI has 142 stores in 33 states. If you can’t visit a store, you can shop at REI.com, REI.com/outlet or the free REI shopping app. REI isn’t just about gear. You can take the trip of a lifetime with REI Adventures, a global leader in active adventure travel that runs 150 custom-designed itineraries on every continent. REI’s Outdoor School is run by professionally-trained, expert-instructors who teach beginner- to advanced-level courses about a wide range of activities. To build on the infrastructure that makes life outside possible, REI invests millions annually in hundreds of local and national nonprofits that create access to–and steward–the outdoor places that inspire us.

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Starwood Hotels’ leading-edge Aloft Brand continues growth in Texas

 

Media Contact:Aloft_Logo
Ashley Chapman
Global Public Relations, Aloft, Element & Four Points by Sheraton
(212) 380-:15A4015
ashley.chapman@starwoodhotels.com

Aloft Allen Will Cater to the Hyper-Connected Global Traveler with Urban Design, Innovative Technologies and Live Music at W XYZ® Bar

STAMFORD, Conn. – October 15, 2015 – Starwood Hotels & Resorts Worldwide, Inc.® (NYSE:HOT) today announced that Starwood’s innovative Aloft brand will soon make its debut in Allen, Texas. Located within the Watters Creek at Montgomery Farm mixed-used development, Aloft Allen is set to open in March 2018. Owned by Watters Creek Hospitality, LLC, and managed by Aimbridge Hospitality, the newly constructed Aloft hotel will feature 136 spacious, loft-like rooms, tech-forward innovation and an energetic atmosphere.

“We look forward to adding Allen to the Aloft brand’s rapidly growing list of destinations in Texas,” said Brian McGuinness, Senior Vice President, Specialty Select Brands for Starwood. “Aloft recently opened its 100th hotel worldwide, propelled by the success of its leading-edge design, tech-forward mindset and buzzing social scene.”

Aloft Allen will be ideally located on West Bethany Drive within the Watters Creek development, which includes shops, offices and residences, as well as several popular restaurants. Just minutes from downtown, the new Aloft will be convenient to Dr Pepper Star Center, Allen Premium Outlets, Allen Event Center, Heard Natural Science Museum and Wildlife Sanctuary and McKinney National Airport.

Facilities at Aloft Allen will include an outdoor Splash pool, a 24-hour gym, the brand’s signature W XYZ® bar and re:fuel at Aloft, a one-stop gourmet grab-and-go food and beverage area. In addition, the hotel will offer 2,000 square feet of flexible meeting space for business meetings and social gatherings.

“The energy of the Aloft brand aligns perfectly with our vision for Watters Creek. We expect the new hotel to appeal to both business and leisure travelers with its lively social atmosphere and distinctive aesthetic, as well as its desirable location,” said Terry Montesi, CEO of Trademark. “The popularity of the Aloft brand will undoubtedly attract even more visitors and area residents to Watters Creek, to the benefit of our restaurants and retailers.”

“With more than ten hotels set to open in the next three years, Aloft is on track to more than double its footprint in the Lone Star state,” said Allison Reid, Senior Vice President of North America Development, Starwood Hotels & Resorts Worldwide, Inc. “The stylish Aloft brand has cultivated a loyal following with its distinctive urban design, lively social scene and exclusive programming.”

The Aloft brand’s innovative initiatives set it apart from the competition. With the launch of SPG Keyless—an evolution of Aloft’s Smart Check-In and the hospitality industry’s first mobile, keyless entry system—guests have the ability to use their smart phone as a key. The revolutionary technology is currently available at all Aloft, Element and W Hotels Worldwide globally. Additionally, every Aloft hotel around the world offers live, free access to local emerging artists and some of the hottest bands with Live At Aloft Hotels programming at the W XYZ® bars.

Aloft is Starwood’s fastest growing brand with 100 hotels in 16 countries now open, and the company’s second largest pipeline in hotels. Fueled by accelerating demand in dynamic markets worldwide, Aloft continues to enter new markets—including recent openings in Munich and Stuttgart, Germany—and is on track to triple its footprint in Mexico in less than two years.

Let’s get social. Follow @AloftHotels on Twitter, check us out on Instagram @AloftHotels, or head to Facebook.com/AloftHotels.

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About Aloft Hotels

With 100 hotels open now in 16 countries around the world, Starwood’s Aloft brand delivers a fresh approach to the traditional staid hotel landscape. For the ‘always on’ next generation of traveler, the Aloft brand offers a tech-forward, vibrant experience and a modern style that is different by design. For more information, please visit www.alofthotels.com. Aloft, like all brands within Starwood’s portfolio, is proud to offer the Starwood Preferred Guest® program, the industry’s richest loyalty program. To learn more, please visit www.spg.com.

About Watters Creek at Montgomery Farm

Watters Creek at Montgomery Farm is a premier, resort-style shopping and entertainment destination in North Dallas set within 52-acres of lush landscaping and natural features that include a village green and running creek. The mixed-use development offers a vibrant combination of nationally-renowned retailers, local boutiques, restaurants, office space and high-end loft apartments. Built in 2008, Watters Creek was the first retail development in the State of Texas to be LEED-certified by the U.S. Green Building Council. Watters Creek is located at the intersection of US 75 at Bethany Drive in the heart of Allen, Texas. For more information call 972-747-8000 or visit www.watterscreek.com.

About Trademark Property Co.

Trademark Property Co. is an operator, investor and developer of award-winning, mixed-use town centers, specialty, community, power centers and enclosed regional malls. Since 1991, the Fort Worth, Texas-based Trademark has invested in, or developed over 11.5 million square feet of retail and mixed-use assets worth over $2 billion. Trademark’s experienced team of 100 employees is responsible for more than 6.2 million square feet of retail and mixed-use projects currently in operation or development/redevelopment, including: Alliance Town Center (Fort Worth, Texas), Burr Ridge Village Center (Chicago, Ill.), Glades Plaza (Boca Raton, Fla.), Hillside Village (Cedar Hill, Texas), Market Street Flowood (Flowood, Miss.), Market Street – The Woodlands (The Woodlands, Texas), Napa Center (Napa, Calif.), Rice Village (Houston, Texas), Saddle Creek (Germantown, Tenn.), The Shops at Highland Village (Highland Village, Texas), The Shops at La Palmera (Corpus Christi, Texas), Victory Park (Dallas, Texas), Watters Creek (Allen, Texas), Waterside (Fort Worth, Texas), and WestBend (Fort Worth, Texas). For more information, visit www.trademarkproperty.com.

The Art of The Conscious Place

Written By: John M.

consciousplace-logoConscious Places are dynamic, living collaborations between their stakeholders and the spaces they exist in. Their tenants, amenities, and users all interact with the natural environment to create something far greater than the sum of its parts. One of the ways we concretely demonstrate that symbiosis is through public art that tells the story of the place, its people, and its history while acting as an amenity for visitors.

We approached Texas artist Bob “Daddy-O” Wade with details of the Waterside site and a vision for its transformation into a Conscious Place. When Wade saw the renderings, he knew that the project and its natural amenities are the makings of something great, “The way it appears to me with the architectural concept—with the big oak at the top as it gradually spills down to the water, it’s going to be a gorgeous space.”

Waterside is situated on a stunning location nestled along the banks of the Trinity River, where no aspects of the site’s original use will be visible. In our initial review of the existing structures, we discovered a treasure trove of artifacts left behind from the original General Dynamics recreation center that first occupied the land. Of the artifacts and their future uses, Wade says, “We’ve got a series of pieces that, whether you’re coming up or going down [to the river], you’ll encounter these works that are re-envisioned sculptures built from the original artifacts we found there. They’re important pieces of history from what used to be there. It’s great that the project can be forward thinking enough to do that.” The pieces are a natural fit for Trademark’s first ground-up Conscious Place, and Wade is a natural fit for creating feature art installations from the incredible array of vintage amusement rides and playground equipment.

Wade says of his commission, “It’s great that there are guys like Terry out there who want to make it possible for me to do what I want to do. It takes a few visionaries who really want to be playful to let us make our ideas into reality.” Trademark believes in creating projects that convey the same ethos as Wade’s art—a whimsical reverence for the power of a special place, a built environment that embodies passion and fun, and a finished product that tells a story.

Bob Wade is no stranger to pieces of art with stories, but he’s never built so many installations for one space using only objects derived from its past. “I’m hoping by reconfiguring these things into sculptures, we will have that fun, upbeat energy for the whole site. A lot of contemporary public art reviews try to relate art to its site in terms of scale and the historic moments of that area. This is going to be one of the better examples of that kind of thing. This is going to be real clear—Trademark has saved these things that could’ve easily gotten tossed or sold off to collectors—and has recycled them in a way that can become a fun experience for the public whether they’re shopping, living, or just visiting. In this multipurpose environment, it’s going to be much more successful than something sitting on a street corner or in the middle of some sterile complex somewhere. It’s fun and there’s going to be a lot of life in the art and in the project.”

The Conscious Place is a community-oriented space that encourages engagement with the built and natural environment. It is far more than a place of commerce—it’s a place of community and meaning. Creating new installations with objects from the site’s past is a way to educate and inspire visitors while demonstrating Trademark’s commitment to art and the artisan.

As the artist, Wade, says, “That’s a great story,the old, fabulous place that General Dynamics had. They were pretty forward-thinking themselves. So we’re just updating it and bringing it back to life. So the story continues. That’s all. The story continues!”

We look forward to sharing the story with you.

H&M opens at Hillside Village in Cedar Hill

Dallas Morning News
Maria Halkias | 10/8/15

Cedar Hill gets an H&M fast fashion store today.

Hennes & Mauritz, opened in Cedar Hill as part of the renovations underway at the former Uptown Village at Cedar Hill, now called Hillside Village.

Trademark Property Co. is the operating partner for the 610,000-square-foot shopping center located on Highway 67 and FM 1382.

The 21,000-square-foot H&M store employs 30 people and includes apparel for women, men and children. Other departments include accessories, lingerie, cosmetics and the brand’s plus-size line, H&M+. The children’s collection is for newborn to teens.

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Rice Village renovations begin

S42_cropped

Houston Chronicle
Nancy Sarnoff | 10/6/2015

The owner of a Rice Village shopping center is launching the first phase of a renovation and rebranding effort it announced late last year to remake the suburban-style property formerly known as the Village Arcade.

The initial changes will include a new parking management system, street and storefront enhancements, outdoor seating, public art and landscaping. Efforts will focus on improvements to the southwest portion of the village, along University Boulevard and Kelvin Drive.

The Village Arcade buildings have been rebranded as Rice Village and a new logo will be used throughout the district.

Rice University, which owns the 296,000-square-foot property, hired Fort Worth-based Trademark Property Co. to manage center.

In a statement Tuesday, Trademark described what led up to the redevelopment’s launch:

Trademark started the overall renovation process by conducting in-depth design charrettes with Rice Village owners, placemakers and architects in which they studied landscape, streetscape, hardscape, façades and environmental graphics. Trademark then conducted extensive customer and market research with a leading research firm and consulted with retailers. This research provided the background necessary to design and plan Phase I with the goal of improving the overall shopping experience at the buildings formerly known as Village Arcade in sync with the desires of the local market.

Tommy Miller, managing director and chief investment officer of Trademark, elaborated in the statement:

Trademark has put a lot of thought and research into the evolution of this cherished shopping district for the next generation of shoppers and retailers. After consulting with industry leaders and listening to the community, we believe that these updates will create a more welcoming environment. We want to improve our shoppers’ overall experience – from the time they arrive on property, with better parking options and improved building design, to when they stroll on foot to explore the national, regional and local shops and restaurants offerings, to when they stop to gather with friends in the comfortable seating areas.

CLICK HERE FOR ORIGINAL ARTICLE

Houston’s Rice Village to Undergo its First MultiMillion-Dollar Renovation in Decades

Media Contact:
Bernard Kaplan, Kaplan Publications
(o) (713) 784-1077 | (c) (713) 302-4199

S42_cropped

Phase I includes a new, high tech parking management system, additional street and façade enhancements, outdoor seating, public art, updated landscaping, as well as improved sidewalks and common areas

HOUSTON (Oct. 6, 2015) – Trademark Property Co. has announced a Phase I multimillion-dollar renovation and rebranding of the 296,000-square-foot retail property it manages in Rice Village. The planned renovations will improve aesthetics and the shoppers’ experience while preserving and enhancing the unique character of this historic district.

Trademark started the overall renovation process by conducting in-depth design charrettes with Rice Village owners, placemakers and architects in which they studied landscape, streetscape, hardscape, façades and environmental graphics. Trademark then conducted extensive customer and market research with a leading research firm and consulted with retailers. This research provided the background necessary to design and plan Phase I with the goal of improving the overall shopping experience at the buildings formerly known as Village Arcade in sync with the desires of the local market.

“Trademark has put a lot of thought and research into the evolution of this cherished shopping district for the next generation of shoppers and retailers,” said Tommy Miller, managing director and chief investment officer of Trademark. “After consulting with industry leaders and listening to the community, we believe that these updates will create a more welcoming environment. We want to improve our shoppers’ overall experience – from the time they arrive on property, with better parking options and improved building design, to when they stroll on foot to explore the national, regional and local shops and restaurants offerings, to when they stop to gather with friends in the comfortable seating areas.”

Phase I efforts will focus on improvements to the southwest portion of the village, along University Boulevard and Kelvin Drive.

As part of the evolution of the property, Trademark recently rebranded the former Village Arcade buildings to Rice Village and unveiled a new logo that will be used throughout the district. These renovations will be timed to complement a fresh mix of new-to-market tenant openings, including most recently, Kit + Ace.

To learn more about the improvements, please visit Rice Village’s website or follow them on Facebook, Twitter and Instagram for the latest updates and events at the shopping center.

Located west of the University, Rice Village feature 50 stores and restaurants, including Athleta, Banana Republic, Chico’s, Gap, Kendra Scott, Kit + Ace, LOFT, MAC Cosmetics, Origins, Sephora, Urban Outfitters, Victoria’s Secret and White House | Black Market.