Skanska has signed a contract with the ARK Group to build the Irving Music Factory in Las Colinas, Texas and will include $94 million in order bookings for Skanska USA in the first quarter 2016.
Skanska will convert the 16.8-acre greenfield site into a world-class entertainment destination. It will include an 8,000-seating capacity indoor/outdoor concert hall called the Pavillion, operated by the world’s largest concert promoter, 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 of a six-level, 1,200-space parking garage. The project also boasts a 50,000 square-foot plaza and four outdoors stages.
The Irving Music Factory has been called an “all-in-one dining and entertainment destination” for the Dallas-Fort Worth metroplex. The venue is designed to host a variety of events, including music performances, fashion shows, farmer’s markets and food festivals throughout the year.
The architect for the project is Gensler. Construction for the venue is expected to commence in February 2016 and is slated for completion in June 2017.
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