REAL ESTATE

Mini-Bellagio fountain debuts at Plano center

BY Al Urbanski

Will public spaces be the new anchor tenants in the shopping centers and mixed-use facilities of the 21st Century?

That’s the opinion of J. Wickham Zimmerman, whose construction company Outside the Lines is unveiling a Bellagio-esque fountain that will present choreographed water shows at Legacy West in Plano, Texas.

“Retailers recognize the importance of integrating thoughtfully designed gathering spaces and artful show fountains to drive foot traffic,” Zimmerman said.

OTL’s fountain will cover 3,500 sq. ft. across three basins. It incorporates 131 nozzles and 398 LED lights to produce programmable water displays synchronized to 14 songs.

One of the largest mixed-use developments in North Texas, Legacy West contains 415,000 sq. ft. of retail and restaurant space, a 55,000 square-foot food hall; more than 1,300 luxury residential units, and a 303-room Renaissance Legacy Hotel.

The project’s developer, Fehmi Karahan, said he envisions the fountain becoming the “hallmark of Legacy West.”


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KPMG to build facility at Lake Nona

BY Al Urbanski

The nation’s fastest-growing planned community keeps speeding along.

The Tavistock development, which already has 12,000 permanent residents, will add another thousand visitors a week thanks to a KPMG training facility that broke ground this week. In addition, the $400 million facility will house an employee staff of 330.

That’s good news for Steiner + Associates’ Lake Nona Town Center — the retail, hotel, and entertainment component that completed its first phase last year. The next phases of the 3.8-million-sq.-ft. center will include a luxury theater, a brewery, a performance venue and a bowling concept, though Steiner is not yet ready to name names.

The town center appears ready for the steady transient population KPMG will bring. Phase one included dual-branded Courtyard and Residence Inn by Marriott hotel and 16,000 sq. ft. of fully leased retail and restaurant space.


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Wireless carrier expanding its store network in California

BY Marianne Wilson

Sprint continues to expand its presence and investment in Southern California.

The company plans to add more than 550 new jobs and 78 new retail locations throughout the Southland by the end of 2017. The new jobs will include a combination of retail, operations and technical experts. Currently, Sprint operates more than 300 branded retail locations throughout the Southern California region.

"This retail expansion is a big part of our local approach that delivers a world-class experience to our customers, making it easier to take advantage of Sprint’s industry-leading value for unlimited data, talk and text, inviting every wireless shopper throughout Southern California to save with Sprint,” said Kevin Kunkel, Sprint’s regional president for Southern California.

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