Northeast Tarrant

Public plaza, movie theater in plans at Glade Parks development

With retailers preparing to open this summer at Glade Parks, developers are moving forward with plans for the next phase of the 194-acre project, which could include a movie theater and a town center.

Dick’s Sporting Goods will lead a string of retailers set to open in August at the shopping center being built on the west side of the bustling Texas 121 corridor, between Cheek-Sparger Road and Glade Road.

Other stores and restaurants coming in August include Home Goods, Michaels Arts & Crafts, Ulta Salon & Cosmetics, Boot Barn, Cato, Five Below, Massage Envy and Kirklands.

A Belk department store will also anchor the development. Construction on the $10.8 million, 95,000-square-foot store will begin in July and should be completed in March, said planning and economic development director Mike Collins.

Dave & Busters, a popular place for food, arcade games and sports shown on HD TVs, has already opened to enthusiastic crowds, Collins said.

Next to the Texas 121 service road, several buildings are in various phases of construction and will feature Five Guys Burgers, AT&T, Monarch Dental, Verizon, Legacy Nails and Spa, and Panera Bread.

Glade Parks also boasts urban lofts, catering to upscale professionals and single-family homes.

Earlier this week, the Euless City Council approved creating a second public improvement district in Glade Parks to fund the creation and improvements to develop a park/public plaza as part of the town center portion of the development, with an off-street parking garage. The garage will be located near Dave & Busters and Belk, and the movie theater would be developed nearby.

Collins said the public plaza would be flanked with commercial buildings, including some restaurants with outdoor patios, and would have water features. The same landscape architect who designed elements at Southlake Town Square would work on what is being called the Glade Parks LifeStyle Center, he said.

The total estimated cost of the improvements is $3,189,179, with $1,287,386.75 to develop the park and $1,901,793 for the parking garage.

The property owners in the public improvement district will pay half the cost for building the parking garage and developing the plaza area with property taxes. The city will sell bonds to pay the other half of development costs.

The city’s debt will be repaid with funds from the improvement district and from a tax increment reinvestment zone established in 2010.

Collins said the LifeStyle Center, to be located in the center of the project, is one of the most important areas in the development, designed to create a community atmosphere.

“The park is going to be something really special,” Collins said.

Elizabeth Campbell, 817-390-7696

Twitter: @fwstliz