Shivers Farm, a long-discussed mixed-use project on roughly 40 acres in Southlake, is edging closer to reality and could see dirt turning as soon as spring 2026. Fort Worth-based Trademark Property Co. is lining up a blend of neighborhood retail, office space, and about three dozen single-family homes in a pocket subdivision branded as Willow Meadows. The property sits at the corner of White Chapel Boulevard and State Highway 114, directly across from the Carillon Parc project and near a string of recent development along the SH 114 corridor.
Trademark is eyeing a spring 2026 construction start for the approximately $120 million project, and a specialty grocer has already committed to anchor the retail side, according to the Dallas Business Journal. The outlet reports that the developer plans to bring on an equity partner to help capitalize the build. CEO Terry Montesi told the paper that 2026 is shaping up to be a busy year for Trademark, with Shivers Farm in the mix.
On the public side, Southlake officials have already cleared the biggest hurdle. The City Council signed off on a zoning change and the development site plan in October, which opened the door for the project to move forward, according to Community Impact. City documents outline five retail parcels, space that could support a hotel or entertainment venue and 37 single-family lots, along with height caps and other design rules meant to keep the project scaled to the surrounding neighborhoods.
Project program and scale
The commercial footprint is compact but varied. Industry coverage and city filings describe about 55,687 square feet for restaurants, roughly 18,551 square feet of general retail, around 33,798 square feet reserved for a grocery store and approximately 41,492 square feet of office space, per ConnectCRE. Those uses are arranged over five retail lots with pad sites targeted for restaurants and small neighborhood-serving shops.
Money and timeline
Trademark has pegged the overall investment at about $120 million. The company plans to secure an equity partner before launching full construction, as reported by the Dallas Business Journal. If financing and remaining approvals line up on schedule, Trademark expects to mobilize construction crews in spring 2026, with the exact start tied to partner agreements and final permitting.
Local impacts and design
To keep the project from feeling like just another highway strip center, the developer has floated several design moves aimed at slowing cars and getting people out on foot. Community Impact reports that plans call for upgraded paving at key crosswalks, the addition of parallel parking and even dedicated golf-cart parking near pedestrian promenades. On the operations side, city negotiators pushed for grocery delivery-hour restrictions that mirror Central Market’s rules, a condition intended to prevent overnight truck noise and idling next to nearby homes.
Trademark's footprint in North Texas
Trademark is no stranger to mixed-use projects in the region. The Fort Worth firm’s portfolio in Texas includes Galleria Dallas, The Vickery and Alliance Town Center, among other centers listed on the company’s website, a track record that helps frame its bid to plant a flag in Southlake.
With zoning approvals in place, an anchor grocer reportedly locked in and partnership talks underway, Shivers Farm appears positioned to shift from site plan to shovels by spring 2026, assuming the market and financing cooperate. Expect a steady drip of filings and tenant reveals as Trademark finalizes equity deals and irons out construction logistics.
