News & Events in Allen, TX

Here’s an update on the latest news and events taking place in Allen, Texas:

Expansions/Relocations

The Allen Economic Development Corporation (AEDC) and Experian®, a global information services company, have announced a 10-year renewal lease of Experian’s Enterprise Business Park facility in Allen, Texas. Experian, one of the first companies to locate to Allen in 1993, is the city’s largest private employer.

Allen-based Halo Group is expanding into an additional 8,000 square feet of space in One Allen Center, Allen Central Park, as the triple their employment base in the city. One Allen Center, developed by Duke Realty, is Allen’s first Class A office building.

The third company founded by Allen entrepreneur Matthew Shoemake has located in One Allen Center. Wham! Inc., has secured funding from the Texas Emerging Technology Fund (ETF), as well as successful completion of raising private investment funds. Wham! is a friends and family video communications company that is creating an innovative new product that will be debuted in early 2009. Shoemake previously founded WiQuest, a fabless semiconductor company, and Alantro Communications, Inc., a chipset manufacturer acquired by Texas Instruments.

Developments

A myriad of new shopping and dining experiences are coming to Allen with the opening of Watters Creek at Montgomery Farm and The Village at Allen. Phase I of Watters Creek is 85% leased and includes Brio, Cheesecake Factory, Cru Wine Bar, Mi Cocina, NAAN, P.F. Chang’s, Woodlands Grill and more. The LEED certified project, located on the SW corner of Bethany Drive and US 75, includes 300 loft apartments and 80,000 square feet of office space.

Uncle Julio’s and Nate’s Seafood have opened in the Village at Allen, the exciting new mixed-use project being developed by MG Herring. The project is anchored by the Allen Event Center opening in fall 2009. The event center will be home to a Central Hockey League team, as well as host more than 150 concerts and other entertainment events annually. The center has 6,275 fixed seats, 26 luxury suites and loge seating, and can be expanded to seat approximately 8,500 people for concerts.

Best Buy, TJ Maxx/Homegoods, Toys R’Us/Babies R’Us and Dick’s Sporting Goods are also open in the project, located on the SE corner of Stacy Road and US 75, with more new stores scheduled to open by the time Santa arrives, November 22.

Other News

Ogden “Bo” Bass has joined the City of Allen as Director of Planning and Development. Bo brings 25 years of and public project management to the City of Allen. Most recently, he served as Assistant City Manager to the City of North Richland Hills.