Half-century-old Northeast Dallas retail village is getting a new look | Real Estate | Dallas News
The city of Dallas is kicking in more than $4 million in economic incentives to overhaul the dated buildings.
“The city viewed this as a potentially transformative project, and we certainly agree,” said Daniel Fuller of Shop Cos., which is leading the redevelopment. “The center was so dilapidated that the neighbors are excited to see something happening.”
Shop Cos. and partner North American Development Group began working two years ago to restore Lakeridge.
The retail buildings were previously owned by an out-of-town investor and were covered with gray paint and faux metal roofs from the 1970s.
“We stripped away the old mansard roof and have taken the buildings back to a cleaner, mid-century design,” Fuller said. “We are installing a new heavy-gage steel canopy with a warm wood soffit under it and steel strapping — details you wouldn’t normally see in a neighborhood shopping center.”
Parts of the parking lot will be paved with decomposed granite, which is a softer gravel.
And a green pocket park with children’s play areas is being built in what was previously a sea of concrete.
“We are really proud of the park feature in the middle,” Fuller said. “It will be a gathering spot for the neighborhood.”
Some of the new tenants on the way include Vector Brewing, which will have more than 8,000 square feet of indoor and outdoor space.
“We’ve created a number of oversized patios for dining,” Fuller said.
Taco Joint restaurant and the Store in Lake Highlands — a longtime neighborhood gift and clothing merchant — have signed leases, too.
“The idea is this will be merchandised predominately with local, East Dallas-based tenants,” Fuller said. “The neighborhood that supports this center really wants that local offering.”
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