Acadia has made headlines with their ambitious project in Acadia, which involves purchasing up to twelve properties on Henderson Avenue for a large mixed-use development. In 2022 alone, they spent $85.4 million acquiring individual parcels along the corridor. To bring this vision to life, Acadia has partnered with Dallas-based Ignite-Rebees and plans to develop approximately 161,000 square feet of space: including 12,000 square feet for restaurants, 75,000 square feet for retail shops and services,and another74 ,000squarefeetforoffices.
AccordingtotheDallasBusinessJournal,theconstructionhasalreadybegunonthisexcitingproject.The new retail hub will occupy a total of4.75 acres on the east side of Henderson Avenue – an area that has remained vacant for decades until now.This highly-anticipated development is expected to be completed by fall2026.GFF,a well-known architecture firm based in Dallas,is responsiblefor designing this project while Balfour Beatty serves as the general contractor.
The office portionofthedevelopmentwillbecalledHendersonEast.Newmarkwilloverseeleasingfortheoffice spacewhile Setstudio will handle interior design duties.Acadia’s long-awaited venture on Henderson Avenue is finally taking offandis suretobringnewlifeandopportunitiestothecommunity.ConnectCREreportsallthedetailsintheirlatestpostaboutthisexcitingdevelopment.
