Hilco Global Reveals Carrollton Gateway: A Prime 11.2-Acre Mixed-Use Development in North Dallas

Carrollton Gateway: A New Era of Development in North Dallas

In a significant move for real estate development, Hilco Global's real estate division has announced the Chapter 11 bankruptcy sale of Carrollton Gateway. This 11.2-acre mixed-use land site, strategically located along the busy I-35E corridor in North Dallas, presents a unique opportunity for investors and developers looking to make their mark in one of America's most dynamic metropolitan areas.

A Prime Location

Situated at 2441 North Broadway Street in Carrollton, Texas, the Carrollton Gateway boasts exceptional visibility and access due to its prime freeway frontage. This location places it at the center of North Dallas, which is known for its rapid growth and development. The area has consistently ranked among the fastest-growing regions in the United States, making it an attractive spot for high-density, transit-oriented projects.

The site's advantageous positioning near major transportation arteries and employment hubs opens avenues for diverse development options, including hospitality, residential, and retail spaces. This comprehensive approach to development taps into the increasing demand for urban living and workspace environments in the metropolitan Dallas area.

Mixed-Use Development Plans

Carrollton Gateway is designed as a master-planned development, segmented into four tracts:

1. Tract 1: A 1.5± acre site intended for a six to twelve-story hospitality or office structure.
2. Tract 2: Covering 3.9± acres, this area envisions a six-story residential development featuring ground-floor retail.
3. Tract 3: This 2.6± acre site allows for a hospitality or office building ranging from six stories to a maximum of twenty stories.
4. Tract 4: Spanning 3.2± acres, similar to Tract 3, it envisions the potential for residential or office uses of six to twenty stories.

The project has the dual zoning of the Trinity Mills Transit Center (TMTC) and Freeway (FWY) designations, providing a broad range of development possibilities while lowering entitlement risks. Additionally, its proximity to the Trinity Mills DART Rail Station further enhances its appeal, ensuring easy access to major employment centers in Carrollton, Addison, Plano, Las Colinas, and Downtown Dallas.

Economic Growth and Investment Opportunity

The DFW Metroplex's economy is robust, propelled by a diverse array of industries including technology, finance, and logistics, among others. The region has seen a steady influx of residents and companies alike, leading to sustained demand for residential and commercial spaces. The Carrollton Gateway site stands as a testament to this ongoing growth, positioning itself as an attractive investment opportunity for those wanting to tap into the potential of mixed-use and higher-density developments.

Hilco Global’s director, Benjamin Zaslav, highlighted the significance of this sale, saying, “With ready development parameters and flexible zoning, Carrollton Gateway offers a rare combination of opportunities for buyers looking to invest in a high-profile North Dallas location.”

In addition, senior director Stephen Madura noted that the site’s scale and visibility make it exceptionally valuable in a competitive real estate market. “Rarely do we see such flexibility in development potential within North Dallas,” he stated, emphasizing the site’s capability to accommodate diverse transitional landscapes.

Next Steps

The sale of Carrollton Gateway has received approval from the United States Bankruptcy Court for the District of Texas, Dallas Division, and bids must be submitted by February 26, 2026. This presents a limited timeframe for potential investors wishing to explore this unique opportunity.

Interested buyers can obtain the Purchase and Sale Agreement document via Hilco Real Estate Sale's website and are encouraged to connect with the Hilco team for participation requirements. This sale represents not just a chance to invest in land, but a foothold in a rapidly evolving market that offers promising returns and vibrant community engagement.

For detailed inquiries and to discover more about this compelling development opportunity, prospective bidders can reach out to Hilco Global's representatives, ensuring that this pivotal investment doesn't slip through their fingers.

Conclusion

Carrollton Gateway is not just a piece of real estate; it’s a gateway to the future of urban mixed-use development in North Dallas. As the DFW Metroplex continues to thrive and attract new residents and businesses, opportunities like Carrollton Gateway are crucial for realizing the potential of this bustling area in Texas.