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DLC acquires Grapevine Crossing shopping center

A New York-based owner-operator of open-air shopping centers, DLC, has acquired the Grapevine Crossing shopping center as part of a six-property deal.

The deal covers 1.11 million square feet of gross leasable area, which is around 95% occupied, according to the news release.

The overview: Grapevine Crossing is located along Ira E. Woods Avenue in Grapevine and includes anchor tenants Best Buy and Academy Sports. 

“These centers are located in strong markets, anchored by great retailers, and already serving their communities at a high level,” said Chris Ressa, DLC’s chief operating officer, in the news release.

Also of note: DLC’s portfolio includes nearly 100 open-air shopping centers totaling more than 24 million square feet. 

 
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Dig World to open Grapevine park July 11

Construction-themed adventure park, Dig World, plans to hold a grand opening at its Grapevine Mills location in mid-July.

What they offer: The park will include areas where guests can operate excavators to fix a broken pipe, connect railway segments or move nearly 1,000 pounds of sand per scoop, according to its website. There is also a driving course for guests to traverse different terrain in skid steers.

Additionally, the Grapevine location will have a Dude Perfect portion of the course that includes throwing a basketball or football at a target, or using an excavator to putt a golf ball. Dig World will also have a Crusher attraction that involves using a 20,000-pound asphalt roller on a construction-themed toy and taking home the pieces in a bag.

What else: Bookings are open for early access to the park July 3-10, but some attractions may be limited.

  • 2200 W. Grapevine Mills Circle, Grapevine
 

Your Weekend To-Do List

Check out these weekend events across the metro area.

Southlake Stars and Stripes

Fireworks on The Fairway

July 3, 5-11 p.m.
Southlake

July 4, 6-10 p.m.
Frisco

More info

More info

 

Star-Spangled Spectacular

Red, White, and Boozy Brunch

July 4, 1 p.m.
Dallas

July 5, 10 a.m.-3 p.m.
McKinney

More info

More info

 
To submit your own event, click here.

CI Texas
Texas lawmakers consider data center water use and resource impacts

State lawmakers are considering water use impacts tied to the spread of new data center developments across Texas, and recently heard input from industry representatives and residents as they plan for next year's legislative session.

The initial review may preview proposed state laws regarding data centers and their local impacts. Ahead of the hearing, Gov. Greg Abbott also stated his "bottom line" expectations for data centers going forward: providing their own power, reusing water and reducing electricity costs for their neighbors.

Testimony from regulators revealed that Texas lacks accurate information about the water use of most data centers now operating statewide, despite mandates to submit those details. Representatives suggested data centers' self-reporting on utility use could be one topic to address next year. Many impacted residents and elected officials also raised concerns with public notice and local regulatory authority in relation to the high-profile developments.

 

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General Manager

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