A Fort Worth-based development group can move forward with plans to resurrect Arlington鈥檚 Lincoln Square shopping center as Anthem, a walkable restaurant, retail and office space with apartments.
Arlington City Council unanimously approved Trademark Property Company鈥檚 plan on first reading with little discussion Tuesday evening.
However, the vote follows a robust brainstorming process with community members and an even longer effort to either convince previous owner ShopCore Properties to invest in the shopping center or sell it.
In a press release Wednesday afternoon, Jeff Johnson, Trademark managing director of development, said the plan will transform the shopping center into a "lively destination."
"We have carefully listened to the community and city of Arlington to fully understand their hopes and dreams for a reimagined Lincoln Square," he wrote. "This is a truly transformational project and a new point of connectivity to the greater metroplex."
Trademark Property Company will demolish parts of the shopping area. In the northern part of the development between Interstate 30 and Road to Six Flags Street, the company will build a combined 277,000 square feet of additional retail and office space, a 125-key hotel and 355 apartment units.
鈥淥n the north side, we want to introduce residential, office, new entertainment uses, hotel to make this Arlington destination a 24/7 neighborhood,鈥� said Monica Luera, Trademark vice president of development.
Across the street on Road to Six Flags Street, the company will renovate shopping center facades and bring in a new restaurant building and apartments.
The shops along Center Street such as Ulta Beauty and PetSmart will remain, along with the Boomerjacks, Olive Garden and Raising Cane's. Studio Movie Grill will remain and receive a new art deco-style facade.
Trademark has plans for public art and green space in between the attractions, as well as community events including concerts, wellness classes and artist markets, according to the company's press release.
Mayor Jim Ross thanked Trademark during the company鈥檚 presentation to city council March 5. Trademark had the best vision, he said, for a shopping center with 鈥渢remendous complexities鈥� surrounding redevelopment needs.
鈥淭he long-term leases, the box retail, the short-term stuff 鈥� everything going on with it was a nightmare,鈥� Ross said March 5. 鈥淚鈥檓 more convinced now than I鈥檝e ever been prior to today that we partnered up with the right company to come in and do this.鈥�
Arlington City Council in 2022 approved around $15 million in grant funding for the redevelopment as part of an agreement with Trademark. Trademark in turn agreed to invest at least $150 million into the development over the next six years and collaborate with the community and leaders on the plans.
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