West 7th developers adding building on Foch Street
Dallas-based Cypress Equities, developers of the West 7th project in the city's near west side, is adding a 5,000-square-foot building at the northeast corner of West Seventh and Foch streets.
Freebirds World Burrito will lease 2,370 square feet of that building. The remainder will be leased to another retailer, but not a restaurant, the developer said Monday.
The new building will be consistent in design with West 7th, but it will operated independently from the development, said Randa McMinn, a Cypress Equities spokeswoman.
Cypress Equities bought the land at the same time it acquired the 13-acres from Acme Brick Co. for West 7th. Construction began on the project in November 2007 and completed in the fall 2009.
The office space is 85 percent leased, retail and restaurant space, 80 percent, and the 345 apartments are nearly all leased.
A year ago, Cypress began construction on a five-story apartment building at the southeast corner of Currie and Crockett streets. The apartments will be ready for tenants in October. Cypress is not yet saying what retailers it has lined up for 25,000 square feet of retail space on the ground level of that building.
Freebirds World Burrito is owned by Tavistock Restaurants.