Southlake, Texas – October 7, 2019 – Twin Creeks is nearing 100% occupancy with the additions of AT&T, Starbucks, Furniture Deals and Spectrum, who soon join Target, Kohl’s, Ross, Petco and Ulta. Negotiations are currently underway to add Chipotle, Altitude Trampoline Park, and ReeceNichols Real Estate in 2020.
United Development Company of Southlake Texas purchased the 29-acre property formerly known as Barry Towne Center from Morgan and Davis builder-developer families of Kansas City February 2017 and has transformed the thriving, mixed-use retail center into what is now known as Twin Creeks.
United Development Company along with their development partner, Falcon Realty Advisors, has invested over $30 Million in upgrades to the established 16-acre retail center with plans to invest an additional $30 Million in developing the remaining 13 acres on the east side of the center.
During the last decade the “Northland” as locals call the Kansas City area where Twin Creeks sits has enjoyed a boom of new homes and a vast increase in retail developments and businesses. The Northland area boasts an average household income of $67,620 and houses over 30% of the Kansas City Metro residents.
Twin Creeks Center is currently managed by Copaken Brooks Commercial Real Estate and leasing is provided by LANE4 Property Group, both of Kansas City, Missouri.
United Development Company currently owns and manages more than $400 million of real estate investments. Utilizing its wealth of both capital and real estate expertise, United Development is aggressively pursuing retail and self-storage real estate investments in the United States. www.UDCGlobal.com
For Media Information – Interviews:
Biff McGuire, C.E.O., United Development Company