US 377

LOCATION:

North east corner of US 377 North and Ridge Point Parkway, Keller, Texas 76248

SIZE:

23.5 acres

Hanover acquired this commercial zoned property in 2005 and is currently marketing it to end users and developers of a variety of commercial product types including: retail shops and services, restaurants, pad sites, light industrial, and office/flex.  In 2020, the southern 38 acres south of Ridge Point Parkway were rezoned by a purchaser planning a mixed use development called Center Stage.  The new zoning allows up to 475 apartments, 60,000sf of retail and restaurants, and patio homes.  Hanover's remaining 24 gross acres are divisible and available for purchase, ground lease, and build to suit, located across Ridge Point Parkway from the planned Center Stage development.