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The Hub in Allen set to reopen under new ownership in early 2027, developer says

A new dining and entertainment venue is set to debut at The Farm in Allen in early 2027.

The concept will fill a space previously occupied by The Hub, which closed July 20, said Bruce Heller, president of Allen-based JaRyCo Development and developer of The Farm in Allen.

The specifics: The site’s new owner has not yet been announced, but is a “nationally recognized food and entertainment venue operator with similar facilities around the country,” according to a July 23 news release from JaRyCo Development. The new operator is expected to renovate the existing facility as well as add new dining and entertainment options.

"We met this morning with the financial group that now owns the former Hub property and reviewed their plans," Heller said in the release. "We were extremely impressed with what they are creating.

Also of note: Design work is underway for other uses that will join The Farm in Allen, including a new flex office development as well as retail center and boardwalk restaurant district.

 
Key Information
League of Legends World Championship coming to Allen this fall, set to draw global tourism

Top esports teams from around the world will travel to Allen this fall.

The Credit Union of Texas Event Center in Allen will host the 2026 League of Legends World Championship this fall, and the event is expected to draw both tourism and economic impact, according to a city news release.

The gist: The event center will host three matches that determine which teams will compete in the World Championship Final, the release states. The schedule includes:

  • Swiss Stage: Oct. 23-26, Oct. 28-31
  • Quarterfinals: Nov. 3-6
  • Semifinals: Nov. 7-8

The impact: This event has the potential to draw tourists to the city of Allen from around the world, generating sales tax dollars and hotel occupancy tax revenue as guests stay at local hotels and eat at Allen restaurants, the release states. Previous League of Legends World Championship events have generated approximately $53 million in revenue across multiple host cities.

 
CI Business
Multifamily community, food hall: Check out 3 business updates in Allen

Keep reading for the latest Allen business updates from Community Impact. 

1. Blackburn Communities, Wolverine Interests to bring 352-unit multifamily project to Allen: Mississippi-based developer Blackburn Communities and Plano-based developer Wolverine Interests are developing a 352-unit multifamily project in Allen, said Brent Weltner, partner at Blackburn Communities. The community, which is expected to break ground this fall, will offer a variety of floor plans, including one-, two-and three-bedroom units, Weltner said. Amenities will include a pool, a gym, a courtyard with outdoor activities, a coworking space and more.

2. JaRyCo Development celebrates 25 years in Allen: JaRyCo Development celebrated 25 years of offering real estate development services in Allen July 1, President Bruce Heller said. The business’s first project was an office building at 1333 McDermott Drive, Heller said. Since then, JaRyCo Development has worked on Allen projects like the Twin Creeks Medical Center, Twin Creeks Rehab and The Farm, as well as projects across the Dallas-Fort Worth area, per its website.

 
Metro News Monday
Allen’s The Hub closes, DART construction: 6 trending Dallas-Fort Worth stories

Restaurant and entertainment venue The Hub closed its doors in Allen in July, while US 75 is experiencing nightly lane closures in Richardson during Silver Line bridge construction. Check out six trending stories from Community Impact’s Dallas-Fort Worth coverage areas.

1. Food hall The Hub closes at The Farm in Allen

2. Nighttime US 75 closures planned in Richardson during DART bridge arch installation

3. Patty Lou’s Smashburgers now open in downtown Plano

4. Check out 5 businesses now closed in Frisco

5. Locally owned Juarez Mexican Restaurant nears 4 decades in downtown McKinney

6. The Clara Hotel now open in Plano’s Legacy area

 
CI Texas
Texas includes minimal data center info in state water plan, citing ‘limited data’

As more data centers are being built in Texas, the state’s water planning agency warns that limited information is available about the booming industry and its impact on water supplies.

The overview: The Texas Water Development Board adopted its initial 2027 State Water Plan on July 23, with a “more robust” version of the plan expected later this year. The plan consists of 3,000 water management projects and 6,700 strategies that experts say are needed to prepare for future severe droughts.

It will cost about $174 billion to complete the projects, according to the TWDB. However, if they are not implemented, a severe drought could cost the state $91 billion in economic damages as soon as 2030 and lead to $177 billion in annual losses by 2080.

The context: These projections do not account for the amount of water that data centers—which largely purchase their water from public systems—may use or how the large facilities could contribute to overall water availability. Right now, the board said it did not have enough information to do so.

 

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