Nack Development’s Vision for Water Mill Square Advances with New Shell Buildings Nack Development’s Water Mill Square Project Moves Ahead with Retail Shell Buildings Details of Water Mill Square Project Nack Development of Frisco continues to push forward with its ambitious retail and mixed-use vision for Water Mill Square in Mansfield, Texas. According to recent state filings, the developer is advancing plans to build two new shell buildings totaling 43,709 square feet within the Mansfield retail project. The first structure will be a 32,591-square-foot building featuring retail, restaurant, and office space with deck parking to support higher visitor traffic. The second, an 11,118-square-foot building , is expected to provide a mix of retail and event space designed to attract local tenants and community gatherings. The project site sits at West Broad Street and South Main Street in Mansfield — a growi...
Ashton Gray to Develop $3.5 Million Medtail Project in Blue Mound, Texas
Ashton Gray is moving forward with plans for a new 15,600-square-foot medical-retail medtail building on a 1.9-acre vacant land site at 9600 Blue Mound Road, within the Presidium Revelstoke apartment community. The project carries an estimated construction cost of $3.5 million.
New Medtail Facility Planned for Growth Corridor
The proposed medtail facility will bring a mix of healthcare and retail tenants to the growing Blue Mound corridor. According to a late August 2025 permit submittal from Kimley-Horn to the City of Fort Worth, drainage area maps and calculations are currently under review for the site.
Hunter Harrison, development director in the Dallas office of Ashton Gray, is listed as the project contact. Property ownership is recorded with the Hanover Property Company of Dallas, according to Tarrant County Appraisal District filings.
What is Medtail and Why It Matters
Medtail — short for “medical retail” — refers to retail centers anchored by healthcare tenants such as urgent care clinics, dental offices, and specialty medical providers. These projects combine convenience with accessibility, often blending traditional retail uses with healthcare services to meet growing community needs.
About Ashton Gray Development
Ashton Gray is a U.S.-based medtail developer and vertically integrated investment manager that specializes in medically anchored retail real estate. Founded in 2018, the firm develops, owns, and operates modern healthcare-focused retail properties nationwide. With offices in Oklahoma City and Dallas, Ashton Gray provides full-service capabilities including site selection, development, construction, leasing, and asset management. Its portfolio includes completed developments and active projects designed to support long-term healthcare tenants.
Presidium Revelstoke: A Growing Residential Anchor
The Presidium Revelstoke apartments, where the project will be located, is a luxury multifamily community in North Fort Worth offering more than 400 units and a full suite of resident amenities. Its Blue Mound location provides quick access to major employment hubs and retail corridors, positioning it as a high-demand residential destination in the region.
Next Steps in the Development Process
The Blue Mound medtail project is currently under review, with permitting and site planning underway. Construction timelines have not yet been finalized, but development is expected to follow the drainage and permitting process. Once complete, the facility will provide new healthcare and retail space for the growing Blue Mound area, enhancing both the neighborhood and the adjacent Presidium Revelstoke community.
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