With two structures under way, the 345,000-sf Parker Square in Flower Mound is adding a third building to its ongoing development roster.

The Health and Athletic Center, owned by Pat Branaugh, has signed for a 35,000-sf facility that will break ground by year’s end and be ready for occupancy at the start of 2002, a source told GlobeSt.com. Also presently under construction is a 52,000-sf courthouse and the 48,000-sf copper-dome Building 600. Parker Square is a retail and office development of Five Star Development Co. in Flower Mound that broke ground in 1988 along FM 1171. Parker Square will be about one-third complete when the three buildings deliver.

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