News Article | 11/6/2008

Alliance Town Center Holds Grand Opening

FORT WORTH, TEXAS — The grand opening will be held this weekend for Alliance Town Center, a 1.5 million-square-foot power center located at the intersection of Interstate 35 and Heritage Trace Parkway in Fort Worth. Opening this weekend is the approximately 500,000-square-foot, first phase of the project. Approximately 20 tenants are already open for business including retailers Belk, JC Penney, Best Buy, Hobby Lobby, PetSmart and Ulta; as well as restaurants Cheddar’s, Which Wich, Jason’s Deli and Smoothie King. A 256,865-square-foot Sam Moon is currently under construction and scheduled to open in March 2009. Future phases will add a large grocer, a movie theater, a national bookstore and a large sporting goods store to the tenant roster.

Alliance Town Center is a joint venture development between locally based developers Hillwood and Trademark Property Co. It is part of AllianceTexas, a 19,000-acre master-planned community that also comprises an airport, more than 7,000 acres of industrial space, 800 acres of office space, 2,700 single-family homes and 5,000 multifamily residential units.