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Dallas

Western Securities plots large mixed-use project in Denton County

Apartments, retail and hotel will sit next to planned Dallas Stars youth sports facility

Western Securities Plans Mixed-Use Project in Denton County
Rendering of Chadwick Farms (Retail Street Advisors, Getty)

A transformative development is on the horizon in Northlake, adding to the swell of real estate activity in Denton County. 

Canada-based Western Securities is spearheading Chadwick Farms, a 60-acre mixed-use project slated for up to 900 apartments, 60,000 square feet of retail, restaurant and entertainment space and a hotel, the Dallas Morning News reported. 

Retail Street Advisors will handle leasing for the retail component, which is set to include a 35,000-square-foot shopping center called Chadwick Commons, according to Western Securities’ website.

Chadwick Farms, located east of Interstate 35 near Texas Motor Speedway, is near a planned Dallas Stars youth sports facility. Northlake residents approved a $45 million bond in November to fund that development.

Northlake anticipates that the sports complex will catalyze its economic development plan, which identifies sports-oriented tourism as a growth driver. 

The construction timeline for Chadwick Farms is somewhat synchronized with the sports complex, the outlet said. The first phase will focus on the multifamily portion.

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The Star’s facility is part of the NHL squad’s goal to expand its influence beyond the ice, as it works to create various youth sports opportunities across Dallas-Fort Worth. 

The multisport facility, projected to have over 1.3 million visitors annually, will feature NHL-level ice rinks, basketball and volleyball courts, pickleball courts, a health clinic and dining options. It’s expected to open by the end of next year. 

Denton County’s steady population growth has attracted a flock of developers. Irving-based Realty Capital Residential is at the helm of a 20-acre mixed-use project, called Parkway District, southeast of Denton. It will comprise apartments, 22,000 square feet of retail and restaurant space, 16 townhomes and a hotel.

Separately, Dallas-based Generation Housing Development is plotting a three-building, $33 million multifamily complex in the area.

—Quinn Donoghue 

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Dallas StarsRetail Street AdvisorsWestern Securities
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MultifamilyRetail