Plano’s mixed bag of Granite

PLANO – Granite Properties’ $150 million speculative office tower and the four-star, 299-key Hilton Granite Park conference hotel have broken ground. Both projects slated for completion in mid-2014.

The two new structures are part of the existing 90-acre development located at the Sam Rayburn Tollway (SH 121) and the Dallas North Tollway.

The 12-story, 300,000-sf Class A office tower, known as Granite Park IV, is being built to achieve LEED Silver certification, featuring energy efficient building systems, unique exterior lighting elements, as well as a fitness center, conference space and a five-level garage.

The 262,500-sf Hilton Granite Park conference hotel includes 299 luxury rooms and 35,000 sf of conference space, a full-service restaurant, retail shop, a fitness center and outdoor pool and lounge. The lobby includes a large bar area and a unique, multipurpose technology lounge.

Granite Properties is a privately held commercial real estate investment and management company.

Read more at WebWire.