Hillcrest Crossing will consist of an 80,000-sf three-story building, with 30,000 sf of retail on the first floor, an 8,000-sf freestanding bank and two levels of underground parking. The development will sit at the corner of Hillcrest Road and Northwest Highway, which PRG and Providence bought off market in August 2006. The project, which has stirred interest from its neighbors, will deliver in fourth quarter 2008.

Originally envisioned as a retail and office mix, Hillcrest Crossing is ending up heavily weighted by retail, much of which has been chased because of residents' input and won because of the location. "It's been an amazing project to work on," says Jack Gosnell, executive vice president of Dallas-based United Commercial Realty. He says he's been fielding "four and five calls" per day on the project. Residents openly have expressed opinions about what they'd like to see in the line-up and prospective tenants have been eager to rush in before site prepping could begin, he tells GlobeSt.com.

Gosnell credits the interest to the fact that it's a "mature site that's been underutilized for so long." The spa chain's identity is being kept under wraps until it's a done deal, which is days away from a final signing. But, it's taking 35,000 sf on the second and third floors as its Dallas inroad and is getting naming rights too. A salon operator is in line for 14,600 sf on the second floor while talks are in the final stretch for both end caps--one for a national restaurateur and the other, a local dining establishment. Also in the final stretch are first-floor deals for St. Charles Optical, based in New Orleans, Luxury Day Spa and Lakeside Cleaners.