Shops at Park Lane adding office and retail space

The Shops at Park Lane on North Central Expressway will soon include three new buildings.

The largest addition is a five-story office and retail building at the southeast corner of N. Central Expressway and Park Lane. The building will face a small park, with 30,000 square feet of retail on the ground floor and about 120,000 square feet of office space above. Two separate restaurant buildings will also be constructed nearby.

The development, started in 2006, now includes retail, apartments and office space in towers and low-rise buildings. The 33-acre development across from NorthPark Center has been owned by New York-based Northwood Investors since 2010.

The existing office space at The Shops of Park Lane is about 94 percent leased, and leases are in progress for about half of the retail space be built.

Source: Dallas Morning News, January 30, 2014.
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