Village at Gateway Ground-breaking ceremony

STREETLEVEL INVESTMENTS BREAKS GROUND ON 120-ACRE MIXED-USE DEVELOPMENT IN FORNEY, TEXAS
Village at Gateway to be anchored by Target, Home Depot, and H-E-B, will feature additional retail space and apartments.

DALLAS, TX – November 15, 2024 – StreetLevel Investments, a Texas-based developer, announced today that it has broken ground on Village at Gateway, a 120-acre mixed-use development in booming Forney, Texas. Located at North Gateway Boulevard and U.S. Highway 80 in the 2,000-acre Gateway master planned development, Phase 1 will feature 500,000 square feet of premium retail and is expected to open summer 2026.

Designed by GFF with Ridgemont Commercial Construction serving as the general contractor, the much-anticipated Village at Gateway will be anchored by Target (144,000 square feet), Home Depot (135, 000 square feet) and H-E-B (130,000 square feet) and will feature an additional 120,000 square feet of retail, service, and restaurant concepts curated to meet the needs of Forney residents. It will also include nine outparcels, future multi-family residential, and is designed to provide connectivity to Texas Health Resources’ 50-acre medical campus planned immediately west of the project. Phase 2 is planned to deliver an additional 200,000 square feet of retail with tenant announcements expected in the near future.

“Recently named the nation’s 10th fastest growing suburban city, Forney continues to see dynamic residential growth and we are thrilled to deliver a first-class shopping experience for the community,” said Brian Murphy, Managing Principal at StreetLevel Investments. “The City of Forney, Mayor Roberson, City Staff and the Forney EDC all played a crucial role in making this project a reality and we look forward to a successful Grand Opening.”

David Copeland and Ryan Griffin of Edge Realty Partners are handling retail leasing and sales at the property.

About StreetLevel Investments

StreetLevel Investments provides sophisticated investment perspective through its principals’ combined more than 90 years of industry experience, extensive retail and capital relationships, market expertise and its affiliation with the EDGE Realty Partners platform. The firm’s mission is to develop and acquire exceptional quality properties that benefit communities and its retail partners. Entrepreneurial dealmakers, developers, operators, and investors in real estate; StreetLevel Investments has a reputation for integrity, transparency, creativity and success.

meeting_date: 
Thursday, 2024, November 14