Adolfson & Peterson Construction (AP), a national construction management firm and general contractor, and the city of Allen broke ground on the Stephen G. Terrell Recreation Center – a two-story, 150,000-square-foot facility located at 1680 West Exchange Parkway in Allen, Texas.

Allen Mayor Ken Fulk, former Mayor Stephen G. Terrell, City Manager Eric Ellwanger, the Allen City Council and Board, officials with various city departments, and representatives from AP and Barker Rinker Seacat Architecture (BRS) participated in the ceremonial groundbreaking at the site of the new building.

“We have a long, established history of working with local Texas governments to build municipal recreation projects that meet community needs and stay within budget,” said Will Pender, Regional President for AP. “We collaborated closely with the City of Allen throughout the preconstruction and estimating process to make the most out of taxpayer dollars while also ensuring the project is built in a safe, timely manner. We’re very excited to see this project come to fruition.”

On June 8, Allen City Council approved $40.4 million to begin construction, culminating five years of collaboration between the city and its residents. AP and BRS recently joined efforts for design and construction purposes. Project planning began in May 2016 when Allen voters approved $27 million in bond funding for Parks and Recreation capital projects, including $16 million proposed for a future park and recreation center.

“From beautiful parks and trails to top-notch facilities, amenities like this are what set Allen apart and make it one of the best places to live in the nation,” said former Allen Mayor Stephen Terrell. “I’m grateful to have represented this fine city for nearly three decades, and I am deeply honored to see that legacy live on through this project.”

Slated to open in early 2023, the recreation center’s amenities were strategically selected by Allen residents through public meetings, workshops and online surveys. Amenities include two gymnasiums with three recreation courts and up to eight competitive play courts, an indoor walk/jog track with both flat and inclined stair options, weights and cardio areas for independent fitness, and group fitness areas for aerobics, dance and spin classes.

Various indoor play spaces, an outdoor fitness deck, a community space with classrooms and collaborative areas, a children’s watch area and a catering kitchen will allow additional spaces for the community to engage in a wide range of fitness and recreational activities. The facility will also include parking areas and driveways to accommodate Allen residents and their guests.

BRS was selected as the architect of record to work with the community in the fall of 2018. The Denver-based firm has a local office in nearby Grapevine and was chosen due to its extensive expertise and deep understanding of innovations in multi-generational recreation and community center design. BRS has completed dozens of recreation and community centers in Texas and hundreds across the country, each unique to its place and environment. BRS leveraged this experience by leading the initial public meetings to select the project amenities and developed the building’s concept while working in collaboration with the city’s steering committee and leadership team, culminating in a full architectural design focused on the community’s character that is “Authentically Allen.”

AP has provided construction management services to several municipalities and governmental entities throughout Texas. Current and past projects include the city of Dallas’ North Dallas Government Center, the Marq for the city of Southlake, the Town of Little Elm for the city of Little Elm, Rockwall County Jail for the city of Rockwall, the Garland Audubon Recreation Center for the city of Garland, and the Potter County District Courts Building in Amarillo. Nationally, AP has completed more than 2.2 million square feet of construction work for municipalities and governmental entities since 2016.

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Village of Rowlett, a 249-unit, transit-oriented, mixed-use residential and retail development in Rowlett, Texas.

“Rowlett is the eighth-fastest growing city in the country, and Village of Rowlett is one of the city’s just five Class A multifamily assets,” said Drew Kile, IPA senior managing director. Kile and IPA’s Joey Tumminello, Will Balthrope, Taylor Hill, Michael Ware and Grant Raymond represented the seller, Catalyst Urban Development, and procured the buyer, Buchanan Street Partners. “Built in 2018, the property has been resilient through years of high supply and as deliveries leveled off, the location has proven to be the best in the submarket,” added Tumminello. “The market placed a premium on that aspect of the opportunity and the advantages it can provide long term.”

Located on President George Bush Turnpike in Rowlett’s downtown district, Village of Rowlett is within walking distance of a Dallas Area Rapid Transit station and 20 minutes from Downtown Dallas. Major employers in the Dallas-Fort Worth area include JPMorgan Chase, Uber Technologies, Allstate Insurance, Keurig Dr. Pepper and Reata Pharmaceuticals. The property has 16,588 square feet of retail, 13 live-work units, and 27 townhomes. Select units have 20-foot vaulted ceilings, covered patios and enclosed yards. Outdoor amenities include a swimming pool with sun deck, a pet park, and an urban community garden.

“IPA covers every submarket in the Metroplex and all markets in Texas with one multifamily team and this was an important factor in the completion of this closing,” added Balthrope.

Stonemont Financial Group, a private real estate investment firm specializing in industrial development and net lease assets, announced today the completion of construction on three high-profile distribution centers in Metro Dallas while simultaneously unveiling plans for three additional Class A speculative buildings set to get underway in the coming weeks. Totaling 1.1 million square feet, the six buildings reflect accelerated growth and activity for Stonemont in the DFW Metroplex and coincide with the opening of the firm’s new Dallas office.

Stonemont and its development partners successfully delivered a new 202,000-square-foot state-of-the-art last-mile distribution center for a large e-commerce user at the intersection of Airport Drive and Industrial Boulevard in McKinney. The build-to-suit project will allow the user to improve efficiency and delivery services for a wide swath of the northern Metroplex and is expected to spur job creation and additional economic development opportunities in the surrounding area.

Stonemont also expects to complete their second project in McKinney, Texas, McKinney Airport Center (MAC), by the end of June 2021, which features two speculative industrial buildings totaling 107,300 and 123,885 square feet, respectively. The development can accommodate a broad array of users ranging from 6,000 to full building occupancy, helping to address an existing market void for facilities that offer smaller and more flexible footprints with dock-high delivery doors and walk-in pedestrian office space. Located at the intersection of Harry McKillop Boulevard and Airport Drive, MAC offers direct access to McKinney National Airport and features multiple suites, 24 dock doors, 28’-30’ clear height with wide bays, and over 230 parking spaces. MAC has finalized its first tenant, InovaAir, at 13,987 square feet and has signed a 51,000-square-foot lease with an environmentally focused film, bag and resin manufacturer. Stonemont is also currently in negotiation for 66,000 additional square feet with another prospective tenant at the center. Click to read more at www.ajot.com.