Colleyville is just one of many north Texas communities bolstered by steady job growth as more and more major corporations relocate to the area. As a result, not only has Colleyville residential real estate maintained its values while the rest of the country is floundering, but Colleyville commercial real estate has been bolstered as well.

Many mixed-use projects are planned for the area, which will combine residential, retail, and entertainment all in one convenient location.

The Village at Colleyville Set to Expand

One such project that will be growing over the next year to year and a half is The Village at Colleyville. This already impressive mixed-use development at the intersection of State Highway 26 and Main Street has plans to build out to the edge of the highway. The addition of two new buildings will substantially add to the 300,000 square feet already being occupied by the Village. Upon completion, the entire project will be twice its current size.

In addition to a new restaurant building, there are plans for another 45,000 square foot building that will include 30 condos, built above retail space. The addition of these smaller condos will provide a more affordable option to those seeking Colleyville real estate. These homes will be in the 1,200 square foot range and will carry a substantially lower price tag than the units previously available in the Village.

Construction of the next phase of the Village will begin in spring, 2008 and is expected to take approximately one year to complete.