Roughly 5 acres designated for mixed-use development in Richardson are about to undergo a major facelift that includes the creation of a $22M Element by Westin hotel.
The new hotel, which will be located at 2205 North Glenville Ave., is expected to open in 2021. 3D Development is behind the mixed-use project, while Midas Hospitality is developing and managing the 123-suite hotel.
The general contractor on the project is MW Builders.
“3D Development is pleased to continue our partnership with Midas Hospitality on the development of the Element Hotel,” 3D Development co-founder Frank Durst IV said in a statement. “We believe the Element and future development of the residual property will be a great attribute to the Richardson community.”
The mixed-use site will eventually feature a 25K SF fast-casual restaurant, rounding out development at the site.
by: Kerry Panchuck, Bisnow Dallas – Fort Worth