A $1.5B development project is planned near Dallas

11/10/2011 | Omaha World-Herald (Neb.)

Financing is supposedly in place for Nebraska Furniture Mart's planned $1.5 billion mixed-use development project in Colony, Texas, near Dallas. Construction is set to start in the spring and be completed in 2015. Work will include construction of retail and dining establishments, hotels, a convention building, residential units and the regional headquarters for the Furniture Mart, which is owned by Berkshire Hathaway Inc. of Omaha. "We're going to make it unlike anything that has been seen in Texas," said Robert Batt, Nebraska Furniture Mart executive vice president.

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