Developers of a mixed-use entertainment complex that’s under construction in Las Colinas said they have leased all the office space in the project to a single tenant.
ARK Group – which is building the Music Factory complex on State Highway 114 near Northwest Highway – said that Irving-based Ethos Group has leased 100,000 square feet in the office building portion of its development.
Ethos Group is a private firm that provides franchised automotive dealerships across the United States. The company provides development services, training and recruiting for the dealerships.
Ethos Group is now located in the nearby Williams Square complex on O’Connor Boulevard.
The company plans to move into the Music Factory office building late next year.
“We chose the Irving Music Factory at Las Colinas because it provides a unique opportunity to have our own space in an environment that provides great access to amenities for our associates, clients and visitors,” the company said in a statement. “Our primary motivation for leasing was to be in an environment that would allow our associates, clients and visitors to walk to entertainment venues.”
JLL’s Andy Leatherman and Brad Selner negotiated the property lease.
Scheduled to open next year, the Music Factory includes an eight-screen Alamo Drafthouse Cinema, 8,000-seat Live Nation indoor/outdoor concert hall, other entertainment venues, restaurants and specialty eateries.
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