Fort Worth, Texas - Simon will partner with Cassco Development Co. to develop the first phase of retail on the Edwards Ranch in Fort Worth into an approximately 500,000-sq.-ft. shopping destination. The Shops at Clearfork will be anchored by Neiman Marcus and include 100 high-end specialty stores, a premium luxury theater, and distinctive restaurants.
Construction will start in the spring of 2015 with a planned grand opening in February of 2017. The Shops at Clearfork is part of a larger 270 acre master plan for Clearfork.
"We are delighted to announce that we will build a new 90,000-sq.-ft. two-story Neiman Marcus store in The Shops at Clearfork, an exciting new mixed-use, open-air development in Fort Worth, Texas located along the Trinity River and just south of the city's dynamic downtown and arts district,” said Karen Katz, president and CEO, Neiman Marcus Group. The Clearfork store is slated to open in the spring of 2017.
The Clearfork Master Plan represents an integrated, mixed-use vision encompassing 270 acres in a multi-phase development project that will ultimately incorporate 2 million sq. ft. of office space, 1.2 million sq. ft. of retail, and 2,500 multi-family residential units at completion.