Welcome!

News Feed Item

Rayzor Ranch Town Center in North Texas to Welcome All-New Dillard's

-First Anchor Department Store Solidifies Momentum for New Regional Retail Destination-

DENTON, Texas, Nov. 29, 2012 /PRNewswire/ -- RED Development, a premier developer, owner and operator of retail properties, today announced it will bring an all-new Dillard's department store to Rayzor Ranch Town Center, the new, open-air retail and entertainment destination now under development in Denton.   

Dillard's, being planned as a 126,000 square foot store, is the first anchor department store named for the new project since RED became an owner and assumed the management of the property in 2010. Progress at the adjacent retail property, the 800,000 square foot Rayzor Ranch Marketplace, has been significant in 2012: This year RED announced Kohl's, Famous Footwear, Jo-Ann Fabric and Craft Store, and Petco, all slated to open in 2013. These retailers will join the property's already open and successful Sam's Club and Walmart Supercenter, among other retailers and restaurants. 

RED is developing two complementary retail properties – Rayzor Ranch Marketplace and Rayzor Ranch Town Center – both part of the master-planned, 400-acre mixed-use Rayzor Ranch development in fast-growing Denton, 35 miles north of Dallas-Fort Worth.

"We know Denton is ready for a brand-new, modern shopping experience and Dillard's is very pleased to be the cornerstone of Rayzor Ranch Town Center," said William Dillard II, Chairman of the Board and Chief Executive Officer.  "The project RED is creating – all open-air with great design and a wonderful experience for shoppers – is exactly where Dillard's wants to be in this attractive, high-growth market."

The new Dillard's is the first of several high-quality anchors in the pipeline for the new Rayzor Ranch Town Center, which is planning a balanced and diverse retail, dining and entertainment lineup. 

"We are very pleased to welcome a new Dillard's to our Rayzor Ranch Town Center project," said Scott Rehorn, Managing Partner for RED. "Dillard's is one of the country's most sought-after department stores with a tremendous following of dedicated shoppers, and it sets the pace for the terrific retail mix we are custom-creating for North Texas."

Current plans for Rayzor Ranch Town Center call for a 600,000 square-foot regional shopping destination at the intersection of I-35 and U.S. 380 in the heart of Denton.  In addition to great retail, the new outdoor project will feature appealing gathering spaces, lush landscaping and other, up-to-the-moment amenities.  The design vision for the new retail hub offers a fresh interpretation of historic, regional urban architecture – with a nod to Denton's own heritage – mixed with a hip, decidedly Texas downtown flavor.   

Located in a community that includes the University of North Texas and Texas Woman's University, Rayzor Ranch Town Center has gained important momentum since RED purchased the property in mid 2010. Dillard's had been named in early plans for the shopping center; however these plans were shelved in 2008 as retailers and developers retrenched amidst global economic challenges.  RED has injected new energy into the Rayzor Ranch retail developments, and the Dillard's announcement is the first of many more expected retail names for the Town Center project.

More about Rayzor Ranch

In all, the master-planned community will include retail, residential, office, hotel, medical and entertainment uses in one, cohesive pedestrian-friendly urban village.  Rayzor Ranch will offer the largest super-regional retail development between Dallas and Oklahoma City.

About Dillard's

Dillard's, Inc. (DDS: NYSE) is one of the nation's largest fashion apparel, cosmetics and home furnishing retailers.  The Company's stores operate with one name, Dillard's, and span 29 states.  Dillard's stores offer a broad selection of merchandise, including products sourced and marketed under Dillard's exclusive brand names.

About RED

A wholly integrated commercial real estate company, RED maximizes asset value and performance for its high-quality retail and mixed-use portfolio that comprises 35 properties totaling more than 17 million square feet in 11 states. RED is a preferred partner for national retailers and investors, as well as for third-party property owners who turn to RED for its expertise in remerchandising and repositioning properties to improve profitability and appeal.  A privately held company headquartered in Phoenix, RED builds on its development capabilities and is an active acquirer of existing properties.

SOURCE RED Development

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
In his session at @ThingsExpo, Arvind Radhakrishnen discussed how IoT offers new business models in banking and financial services organizations with the capability to revolutionize products, payments, channels, business processes and asset management built on strong architectural foundation. The following topics were covered: How IoT stands to impact various business parameters including customer experience, cost and risk management within BFS organizations.
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
As more and more companies are making the shift from on-premises to public cloud, the standard approach to DevOps is evolving. From encryption, compliance and regulations like GDPR, security in the cloud has become a hot topic. Many DevOps-focused companies have hired dedicated staff to fulfill these requirements, often creating further siloes, complexity and cost. This session aims to highlight existing DevOps cultural approaches, tooling and how security can be wrapped in every facet of the bu...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
SYS-CON Events announced today that Pulzze Systems will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems Inc, provides the software product "The Interactor" that uniquely simplifies building IoT, Web and Smart Enterprise Solutions. It is a Silicon Valley startup funded by US government agencies, NSF and DHS to bring innovative solutions to market.
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that’s no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, will explore how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He wi...
SYS-CON Events announced today that CAST Software will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, discussed how AI can simplify cloud operations. He covered the following topics: why cloud mana...
Docker containers have brought great opportunities to shorten the deployment process through continuous integration and the delivery of applications and microservices. This applies equally to enterprise data centers as well as the cloud. In his session at 20th Cloud Expo, Jari Kolehmainen, founder and CTO of Kontena, discussed solutions and benefits of a deeply integrated deployment pipeline using technologies such as container management platforms, Docker containers, and the drone.io Cl tool. H...
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, will discuss th...