Henry S. Miller Projects, LLC, Breaks Ground for Main Street Crossing, Neighborhood Retail Center in Frisco, TX
(Frisco, TX) Ground has been broken for Main Street Crossing, a 24,000-square-foot neighborhood retail center in Frisco, TX. Henry S. Miller Projects, LLC is the developer. Linda Zimmerman, Senior Vice President of the Retail Division at Henry S. Miller Companies, is in charge of leasing.
Located at the southeast quadrant of Main Street and FM 423, Main Street Crossing will provide restaurant, retail and business services to the more than 90,000 residents living within three miles of the center.
“This is a spec development,” said Mark Smith, Senior Vice President, Commercial Development of HSM Equity Partners. “Because of the vibrant Frisco market and small vacancies in this submarket, this is the right time to develop the site. We anticipate the shell will be completed by June or July of this year and tenants will then be able to start their finish out.”
Two acres alongside Main Street Crossing are available for land sale or build-to-suit construction to a user that would complement the development. Alternatively, construction of Phase 2 could begin once Phase 1 of the project is 80 to 85 percent leased.
About Mark Smith
Mark Smith is Senior Vice President of Commercial Development in the Dallas office of HSM Equity Partners. Beginning his real estate career in 1970, Mr. Smith focuses on the development, renovation and management of retail centers, particularly small to medium sized upscale shopping centers in the growing suburbs of Dallas/Fort Worth. He has also developed warehouse projects, managed small to midrise office buildings and owned and operated a small real estate brokerage company.
About Linda Zimmerman
Linda R. Zimmerman is Senior Vice President of the Retail Division of Henry S. Miller Companies. Linda has more than 25 years of experience in commercial real estate leasing, acquisition, disposition, corporate interaction and construction and development. Before joining HSM, Linda worked for several commercial real estate firms including Goodwin Commercial Real Estate, Direct Development, Falcon Realty Advisors and most recently Morghan Site Services. She began her career in the banking industry, working in the real estate departments of Guaranty Bank, Bank One Texas and NCNB Texas National Bank.