Dallas Fort Worth Urban Forum

Cypress Waters

Tnexster
Posts: 1289
Joined: 22 Oct 2016 16:33
Location: Dallas

Cypress Waters

Postby Tnexster » 04 Nov 2016 01:52

Another big office tenant headed to Cypress Waters

http://www.dallasnews.com/business/real ... ess-waters

The booming Cypress Waters development on LBJ Freeway has landed another major business.

Options Clearing Corp. — one of the world's largest equity derivatives clearing firms — is moving from Keller to a new building in Cypress Waters.

OCC has leased 46,500 square feet from developer Billingsley Co. in a new building at 9111 Cypress Waters Blvd. near Belt Line Road and LBJ.

User avatar
muncien
Posts: 614
Joined: 25 Oct 2016 08:46
Location: Las Colinas

Re: Cypress Waters

Postby muncien » 20 Mar 2018 09:32

I know there hasnt been a lot of talk here about Cypress Waters lately, but construction levels are through the roof. Cypress Waters Blvd was recently opened all the way down to The Sound, and you can now get up close and personal to all the activity. There is still nothing open down there yet, and all you can do is turn around and head back, but it is a dizzying amount of activity. I saw at least three office buildings, two or three multi-family buildings, and several retail/resturaunt buildings all well under way.
I'm not sure when the first openings will take place, but I do recall seeing an apartment leasing listing for June 1 availability.
"He doesn't know how to use the three seashells..."

User avatar
Kelley USA
Posts: 274
Joined: 27 Oct 2016 12:46

Re: Cypress Waters

Postby Kelley USA » 20 Mar 2018 10:12

It's funny you bring this development up... I had actually been meaning to post something here as well. The amount of construction is crazy! It's going to be a really great development when everything gets done. You have Signet (Zales) offices under construction and Brinker International under construction.

On the retail side, they are actually working with some pretty great tenants. Already signed is Ascension Coffee. They're also at lease with Rodeo Goat, Flying Fish, Mesero, a little Winery and a bakery.

User avatar
muncien
Posts: 614
Joined: 25 Oct 2016 08:46
Location: Las Colinas

Re: Cypress Waters

Postby muncien » 20 Mar 2018 10:17

Kelley USA wrote:It's funny you bring this development up... I had actually been meaning to post something here as well. The amount of construction is crazy! It's going to be a really great development when everything gets done. You have Signet (Zales) offices under construction and Brinker International under construction.

On the retail side, they are actually working with some pretty great tenants. Already signed is Ascension Coffee. They're also at lease with Rodeo Goat, Flying Fish, Mesero, a little Winery and a bakery.


Thanks for the info... I was curious who else was going in over there. I'm actually moving to Cypress Waters temporarily as soon as my house closes (next two weeks). Should be fun watching some of this stuff take shape.
"He doesn't know how to use the three seashells..."

User avatar
tamtagon
Site Admin
Posts: 1211
Joined: 16 Oct 2016 12:04

Re: Cypress Waters

Postby tamtagon » 20 Mar 2018 10:44

I like that the Cotton Belt seem headed to redirect and put a station at Cypress Waters.

User avatar
WilCo
Posts: 72
Joined: 29 Jan 2018 19:34

Re: Cypress Waters

Postby WilCo » 20 Mar 2018 10:55

Kelley USA wrote:It's funny you bring this development up... I had actually been meaning to post something here as well. The amount of construction is crazy! It's going to be a really great development when everything gets done. You have Signet (Zales) offices under construction and Brinker International under construction.

On the retail side, they are actually working with some pretty great tenants. Already signed is Ascension Coffee. They're also at lease with Rodeo Goat, Flying Fish, Mesero, a little Winery and a bakery.


Wow, those are some good gets. Like another design district. I've been curious about this development too as it basically an extension of Las Colinas in my opinion and part of the overall growth of the area. Irving/Coppell & Plano/Frisco have been booming.

Tnexster
Posts: 1289
Joined: 22 Oct 2016 16:33
Location: Dallas

Re: Cypress Waters

Postby Tnexster » 25 Mar 2018 22:19

I need to get out there one of these days and just look around. All this development and I have never been near it.

User avatar
muncien
Posts: 614
Joined: 25 Oct 2016 08:46
Location: Las Colinas

Re: Cypress Waters

Postby muncien » 13 Jun 2018 14:24

Something I noticed while exploring 'The Sound' the last few days, is the erection of a tower crane. This is the first such sighting of a tower crane in Cypress Waters as far as I can tell. It's location is just north of The Sound apartments (move ins have begun here), and roughly in between those apartments and the HQ of Signet (formerly Zales). According to the http://www.cypresswaters.com/master-plan/, this is the location of another apartment complex of about the same size as the one previously mentioned (up to 7 stories). Not sure why they need a tower crane for it. But, maybe it is slightly bigger.
On a related note... Olympus blvd, which has been opened from Beltline to Cypress Waters Blvd for a month or two, is getting closer to connecting to it's 635 terminus. Just yesterday, they finally put the power lines underground at Ranch Trail. I expect framing for that intersection to begin very soon. The rest of the concrete for that section of the road (much longer than the already open section) has been poured for a while now, but was only accessible by foot. Lots of activity around here...
"He doesn't know how to use the three seashells..."

User avatar
muncien
Posts: 614
Joined: 25 Oct 2016 08:46
Location: Las Colinas

Re: Cypress Waters

Postby muncien » 11 Jul 2018 10:09

So... Nokia was announced as moving their HQ to Cypress Waters (two buildings currently under construction at The Sound). Their current office is in Las Colinas at the intersection of 161 & 114.

On another note that was mentioned in the Amli Fountain Place thread...
These parking ratios are getting seriously out of control. Cypress Waters, just like any office listing, touts parking ratios as one of the key strengths of their properties. Yet, if you ever go through Cypress Waters, you will find seas empty concrete even though most of the buildings are fully occupied. Even the second level of the parking garages are mostly vacant. It seems like such a waste... Even out here in the burbs.

The extent at which the developer pushes support for automobiles is almost unbeleivable. They have a mobile fueler that will drive around the parking lots and fill you car with gas as you work (no joke!). There is also a mobile oil change vendor, and car detail company. It's so crazy...
"He doesn't know how to use the three seashells..."

User avatar
DAFW
Posts: 42
Joined: 20 Sep 2017 19:46

Re: Cypress Waters

Postby DAFW » 11 Jul 2018 17:41

These parking ratios are getting seriously out of control. Cypress Waters, just like any office listing, touts parking ratios as one of the key strengths of their properties. Yet, if you ever go through Cypress Waters, you will find seas empty concrete even though most of the buildings are fully occupied. Even the second level of the parking garages are mostly vacant. It seems like such a waste... Even out here in the burbs.

The extent at which the developer pushes support for automobiles is almost unbelievable. They have a mobile fueler that will drive around the parking lots and fill your car with gas as you work (no joke!). There is also a mobile oil change vendor, and car detail company. It's so crazy...


Normally it wouldn't seem like an issue to have that much parking space... because they can be used for something else later. For example, Hall Park has plans to use their concrete parking lots as space for a new park, performing arts center, and high-density highrises. HOWEVER... with the rise of ride-sharing and self-driving cars approaching us fast. new developments like this should be PLANNING for the extinction of the parking lot relatively soon rather than building all these new ones. It makes no sense. Especially promoting the use of gas-guzzling vehicles like that.. it's gross and ineffective.

LongonBigD
Posts: 129
Joined: 25 Oct 2016 13:40
Location: Knox Park

Re: Cypress Waters

Postby LongonBigD » 11 Jul 2018 18:19

DAFW wrote:Normally it wouldn't seem like an issue to have that much parking space... because they can be used for something else later. For example, Hall Park has plans to use their concrete parking lots as space for a new park, performing arts center, and high-density highrises. HOWEVER... with the rise of ride-sharing and self-driving cars approaching us fast. new developments like this should be PLANNING for the extinction of the parking lot relatively soon rather than building all these new ones. It makes no sense. Especially promoting the use of gas-guzzling vehicles like that.. it's gross and ineffective.



Not to mention the "heat island effect" and water run-off issues these seas of concrete bring with them.

User avatar
muncien
Posts: 614
Joined: 25 Oct 2016 08:46
Location: Las Colinas

Re: Cypress Waters

Postby muncien » 24 Jul 2018 14:38

Ascension Coffee seems to be the first to sign a lease at The Sound of Cypress Waters. Opening probably not until Dec/Jan timeframe.
"He doesn't know how to use the three seashells..."

cowboyeagle05
Posts: 1156
Joined: 21 Oct 2016 08:45

Re: Cypress Waters

Postby cowboyeagle05 » 25 Jul 2018 08:39

Ascension is on a tear opening locations all over DFW. Let's hope they can survive it. Dallas past is littered with local businesses that chain opened many locations in 2-3 years and was mainly closed in less than 1.

User avatar
Kelley USA
Posts: 274
Joined: 27 Oct 2016 12:46

Re: Cypress Waters

Postby Kelley USA » 25 Jul 2018 09:40

^^ Flying Fish, Rodeo Goat and Landon Winery have also signed leases... Should be a good little group of tenants! Also they're negotiating with Mr Mesero & Eno's.

User avatar
muncien
Posts: 614
Joined: 25 Oct 2016 08:46
Location: Las Colinas

Re: Cypress Waters

Postby muncien » 25 Jul 2018 09:50

Great lineup! Thanks for the scoop. ^^
"He doesn't know how to use the three seashells..."

User avatar
Kelley USA
Posts: 274
Joined: 27 Oct 2016 12:46

Re: Cypress Waters

Postby Kelley USA » 13 Aug 2018 11:57

Here's a little article on some of the restaurants coming to The Sound...

https://www.guidelive.com/food-and-drin ... 1533830969


Who is online

Users browsing this forum: No registered users and 1 guest

Login