Hines, a Houston-based real estate developer, is planning to expand its presence in the thriving mixed-use project of The Ranch in Allen. The company has set its sights on the Katy Trail Ice House as a potential location for two new office buildings.
Construction on the Offices at The Ranch is slated to commence in 2025 and is estimated to cost approximately $100 million. Spanning over 180,000 square feet, this office development will be an integral part of Hines’ expansion plans.
According to reports from Dallas Business Journal, Hines aims to bring expertly designed and well-equipped offices that cater specifically towards modern businesses looking for prime locations within mixed-use developments. With their experience and expertise in real estate development, Hines hopes these new additions will further enhance the appeal of The Ranch as a premier destination for both work and play.