Las Colinas, Texas — Skanska has signed a $94 million contract with Charlotte-based ARK Group to build the Irving Music Factory in Las Colinas.
Skanska will convert the existing 16.8-acre site into an entertainment destination. The new project will include an 8,000-seating capacity indoor/outdoor concert hall named the Pavilion operated by Live Nation. The venue includes seven buildings offering more than 250,000 square feet of entertainment, retail and restaurant space and an eight-screen Alamo Drafthouse Cinema.
Additionally, there will be a four-story, 100,000-square-foot office tower sitting atop a six-level, 1,200-space parking garage. The project also features a 50,000-square-foot plaza and four outdoors stages. The venue is designed to host a variety of events, including music performances, fashion shows, farmers markets and food festivals throughout the year.
Gensler is the architect for the project. Construction for the venue is expected to commence this month and is slated for completion in June 2017.