• 1

    Maximizing real property value for clients worldwide.

  • 2

    Start-to-finish property management.

  • 3

    Reposition your REO property.

  • 4

    Live-work-shop-play developments.

  • 5

    Unique solutions for your real estate needs.

  • 6

    Identify goals. Provide strategic direction.

  • 7

    Experience, insight and expertise for your success.

  • 8

    Bright Realty is a full-service real estate company.

 

Published 17th Oct. 2014

Bright Realty begins work on $1B Castle Hill corporate center

 

After 16 years of slowly building mega-development Castle Hills from the ground up, Lewisville-based Bright Realty is getting started on a $1 billion, 3 million-square-foot corporate office park.
The 150-acre office park, called Crown Centre at Castle Hills, will sit on the Sam Rayburn Tollway in Lewisville near the not-yet-completed Nebraska Furniture Mart in The Colony.
The office park — similar in size and scope to Hall Office Park in Frisco — will attract Fortune 500 companies and firms seeking a high parking ratio, said Bright Realty CEO Chris Bright.
"This was always part of the original plan," said Bright, who has worked on the Castle Hills mega-development for 25 years. "We are starting on the first phase of the 150-acre office park, or about 45 acres, with the idea we can deliver 3 million square feet of office space and a hotel."
Work is underway on the office park's first 200,000-square-foot office building. Bright Realty is already marketing the speculative office building.
Each building in the park is expected to range from 150,000 square feet up to 400,000 square feet, depending on tenant demand, Bright said.
"This is part of an upper-end development with access to amenities and major retailers near the site," he said. "This is almost an infill site; we aren't pioneering a lot anymore and we are taking advantage of the demand that's already there."
The Castle Hills development has already added nearly $1.6 billion to the tax base, Bright said. In the next five to seven years, he expects to pump an additional $1 billion into the property tax base.
Bright Realty has continued to develop home lots, with 3,300 homes or home lots on the ground after the community's first resident moved into the development in 1998.
At full build-out, mega-development Castle Hills is expected to have roughly 4,200 single-family homes.
"We think we are creating a residential environment that provides an effective workforce for those types of businesses with a reasonable commute, which I think will become more important over time as the region grows," Bright said.
The corporate office park, which will take 12 to 20 years to completely develop, is expected to have a lake with water views and outdoor art installations.
505 Design and LandDesign designed the office campus.
The first building at Crown Centre is expected to be complete by the end of the first quarter in 2015.

Back to the Newsarchive

 
 
Download:
Bright Realty News Brief –
June 2017

Download:
Bright Realty News Brief –
May 2017

Download:
Bright Realty News Brief –
April 2017

Download:
Bright Realty News Brief –
March 2017

Download:
Bright Realty News Brief –
February 2017

Download:
Bright Realty News Brief –
January 2017

Download:
Bright Realty News Brief –
December 2016

Download:
Bright Realty News Brief –
November 2016

Download:
Bright Realty News Brief –
October 2016

Download:
Bright Realty News Brief –
September 2016

Download:
Bright Realty News Brief –
August 2016

Download:
Bright Realty News Brief –
July 2016

Download:
Bright Realty News Brief –
June 2016

Download:
Bright Realty News Brief –
May 2016

Download:
Bright Realty News Brief –
April 2016

Download:
Bright Realty News Brief –
March 2016

Download:
How To Do Mixed–
Use Development Right

Download:
Bright Realty News Brief –
February 2016

Download:
Bright Realty News Brief –
January 2016

Download:
Bright Realty News Brief –
December 2015

Download:
Bright Realty News Brief –
November 2015

Download:
Bright Realty News Brief –
October 2015

Download:
Bright Realty News Brief –
September 2015

Download:
Bright Realty News Brief –
August 2015

Download:
Bright Realty News Brief –
July 2015

Download:
Bright Realty News Brief –
June 2015

Download:
Bright Realty News Brief –
May 2015

Download:
Bright Realty News Brief –
April 2015

Download:
Bright Realty News Brief –
March 2015

Download:
Bright Realty News Brief –
February2015

Download:
Bright Realty News Brief –
January 2015

Download:
Bright Realty News Brief –
December 2014

Download:
Bright Realty News Brief –
November 2014

Download:
Bright Realty News Brief –
October 2014

Download:
Bright Realty News Brief –
September 2014

Download:
Bright Realty News Brief –
August 2014

Download:
Bright Realty News Brief –
July 2014

Download:
Bright Realty News Brief –
June 2014

Download:
Bright Realty News Brief –
May 2014

Download:
Bright Realty News Brief –
April 2014

Download:
Bright Realty News Brief –
March 2014

Download:
Bright Realty News Brief –
February 2014

Download:
Bright Realty News Brief –
January 2014

Download:
Bright Realty News Brief –
December 2013

Download:
Bright Realty News Brief –
November 2013

Download:
Bright Realty News Brief –
October 2013

Download:
Bright Realty News Brief –
September 2013

Download:
Bright Realty News Brief –
August 2013

Download:
Bright Realty News Brief –
July 2013

Download:
Bright Realty News Brief –
June 2013

Download:
Bright Realty News Brief –
May 2013

Download:
Bright Realty News Brief –
April 2013

Download:
Bright Realty News Brief –
March 2013

Download:
Bright Realty News Brief –
February 2013

Download:
Bright Realty News Brief –
January 2013

Download:
Bright Realty News Brief –
December 2012

Download:
Bright Realty Monthly Brief –
November 2012

Download:
Bright Realty Monthly Brief –
October 2012

Download:
Bright Realty Monthly Brief –
September 2012

Download:
Bright Realty Monthly Brief –
August 2012

Download:
Bright Realty Monthly Brief –
July 2012

Download:
Bright Realty Monthly Brief –
July 2012

Download:
Bright Realty Monthly Brief –
June 2012

Download:
Bright Realty Monthly Brief –
May 2012

Download:
Bright Realty Monthly Brief –
April 2012

Download:
Bright Realty Monthly Brief –
March 2012

Download:
Bright Realty Monthly Brief –
February 2012

Download:
Bright Realty Monthly Brief –
January 2012

Download:
Bright Realty Monthly Brief –
December 2011

Download:
Bright Realty Monthly Brief –
November 2011

Download:
Bright Realty Monthly Brief –
October 2011

Download:
Bright Realty Monthly Brief –
September 2011

Download:
Bright Realty Monthly Brief –
August 2011

Download:
Bright Realty Monthly Brief –
July 2011

Download:
Bright Realty Monthly Brief –
June 2011

Download:
Bright Realty Monthly Brief –
May 2011

Download:
Bright Realty Monthly Brief –
April 2011

Download:
Bright Realty Monthly Brief –
March 2011

Download:
Bright Realty Monthly Brief –
February 2011

Download:
Bright Realty Monthly Brief –
January 2011

Download:
Bright Realty Monthly Brief –
December 2010

Download:
Bright Realty Monthly Brief –
November 2010

Download:
Bright Realty Monthly Brief –
October 2010

Download:
Bright Realty Monthly Brief –
September 2010

Download:
Bright Realty Monthly Brief –
August 2010

Download:
Bright Realty Monthly Brief –
July 2010

Download:
Bright Realty Monthly Brief –
June 2010

Download:
Bright Realty Monthly Brief –
May 2010

Download:
Bright Realty Monthly Brief –
April 2010

Download:
Bright Realty Monthly Brief –
March 2010

Download:
Bright Realty Monthly Brief –
February 2010

Download:
Bright Realty Monthly Brief –
January 2010

Download:
Bright Realty Monthly Brief –
December 2009

Download:
Bright Realty Monthly Brief –
November 2009

Download:
Bright Realty Monthly Brief –
September 2009

 
 
Bright Realty Development Quick Links:
           
       
           
Site by BCM   Contact Us | Disclaimer - Terms of Use | Privacy Policy
©2010 Bright Realty LLC Dallas
all rights reserved.

 

Texas Real Estate Commission Information About Brokerage Services
Texas Real Estate Commission Consumer Protection Notice