Preston Hollow Village Plans a Diverse Menu

The Tenants

  • Modmarket
  • Blue Sushi Sake Grill
  • Trader Joe’s
  • VertsKebap
  • Pakpao Thai
  • Tangerine Salon
  • 18/8 men’s salon
  • Orangetheory Fitness
  • Frost Bank

As its first retailers prepare to open their doors, the developers of Preston Hollow Village are hoping to transform a previously dormant corner of prime real estate into a bustling mix of office, residential, and retail uses.

The complex will likely debut this month with the openings of three eateries — Modmarket, a farm-fresh Colorado chain that just recently began an expansion into the Dallas area; Austin-based gyro specialist VertsKebap; and the second location for Fort Worth-based Blue Sushi Sake Grill.

Then anchor tenant Trader Joe’s should be ready to open a few weeks later, according to Jerry Jackson, vice president of development for Provident Realty Advisors, which has been planning the 42-acre development at the northwest corner of North Central Expressway and Walnut Hill Lane for several years. Company president Leon Backes lives in Preston Hollow.

“Interest is obviously building. We’re speaking to a number of prospective tenants,” Jackson said. “The community is excited for it to open.”

Also slated to open within the next few months are Pakpao Thai restaurant, Tangerine Salon, 18/8 men’s salon, Orangetheory Fitness, and Frost Bank.

The first phase of development includes about 75,000 square feet of retail space to go with 60,000 square feet of office space and a four-story parking garage.

Jackson said the first office tenant will be Saxton Group, the operator of Pinkberry and McAlister’s Deli, which will move its headquarters from its current location just south of Preston Center.

Construction on a second phase of Preston Hollow Village should begin by the end of March, Jackson said. The northern side of the property eventually will include residential towers with a maximum of seven stories and 1,200 units each.

“We’re working to create an environment where you can eat, work, live, and play,” Jackson said. “People can park their cars and not need to leave Preston Hollow Village for a week.”

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