Triten Real Estate Partners Completes Assembly Park Mall Redevelopment in Plano, Texas

by Kristin Harlow

PLANO, TEXAS — Triten Real Estate Partners has completed the office and retail portions of Assembly Park, the redevelopment of Market Square Mall in Plano. Located along Central Expressway and Spring Creek Parkway, the project features 180,000 square feet of creative office space, 17,000 square feet of walkable retail and dining space, a park and hiking and biking trails.

Additionally, Triten is set to complete The Annabel, Assembly Park’s multifamily development, in December. The Class A apartment community features one, two- and three-bedroom units with rentable garages and storage units. Amenities include a fitness center, dog grooming room, dog park, outdoor gaming areas, coworking spaces and secure bike storage.

Triten purchased the 300,000-square-foot mall in 2021 with the goal of transforming the underutilized center into a mixed-use development. The mall was built in 1983 and originally named the Outlet Mall of Americas.

“Assembly Park is a true work, live, play destination, positioned to appeal to a diverse range of community members,” says Scott Arnoldy, founder of Triten.

Triten enlisted Michael Hsu Office of Architecture to design the office and retail portions of Assembly Park. The interior design of the creative office space pays homage to the existing structure’s history by repurposing the mall’s main corridors and entryways, structural elements and skylights. The office portion features coworking and conferencing space in the common areas as well as a fitness facility and locker rooms.

The exterior of the mall received significant upgrades, giving it a new façade.

“It was a fun challenge to convert this large mall into an approachable, active place for Plano,” says Michael Hsu. “Our team responded to the history and context of the building, while adding lively architectural moments, grand entries, unexpected façade patterns and custom brick and tile to provide a fresh energy.”

Regular onsite programming will be available at a newly developed pocket park. Examples include outdoor fitness classes, live music, nighttime movie screenings, farmers markets and holiday markets. Assembly Park’s “Moonlight Movie Series” will begin on Thursday, Oct. 26 with a showing of Hocus Pocus.

Nathan Durham and Duane Henley of Newmark are handling office leasing for Assembly Park, while Gabi Shaff of Retail Union is handling retail leasing.

Founded in 2011, Triten Real Estate Partners is a subsidiary of the Triten Corp., an investment holding company dating back nearly 70 years with operating subsidiaries in energy, media, real estate and consumer goods. Triten Real Estate Partners maintains offices in Houston and Dallas.

— Kristin Harlow

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