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Nack Development’s Vision for Water Mill Square Advances with New Shell Buildings

By Michael Kang Published on
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...
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Nack Development’s Vision for Water Mill Square Advances with New Shell Buildings

By Michael Kang Published on
Nack Development’s Vision for Water Mill Square Advances with New Shell Buildings
The Water Mill Square retail project in Mansfield, Texas will develop here.

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 growing corridor for retail construction and mixed-use developments. Filings indicate that construction will begin in November 2025 with completion anticipated by February 2026. The estimated cost of this first phase is $9.5 million.

Water Mill Square: A Key Mansfield Retail and Multifamily Destination

Water Mill Square represents one of Mansfield’s most anticipated retail and multifamily construction projects. The overall development plan envisions a walkable, mixed-use environment combining ground-floor retail, restaurants, office space, and multifamily residences.

Initial site work and infrastructure improvements for Water Mill Square have already taken shape, with this next phase introducing the first pair of shell buildings that will anchor the retail portion of the project. Future phases are expected to add residential components and potentially boutique hospitality offerings.

About Nack Development

Nack Development, based in Frisco, Texas, is known for creating destination-style retail and urban mixed-use communities that combine charm with functionality. The company’s portfolio includes retail, restaurant, office, and multifamily construction projects across North Texas, each reflecting an emphasis on walkability, design detail, and community integration. One such development from the company is The Rail District in Frisco.

Founded and led by President Donny Churchman, Nack Development has built a strong reputation for reactivating downtowns and suburban cores with projects that blend retail construction and public gathering spaces. Churchman’s vision for Water Mill Square continues this focus, bringing a modern, village-style concept to Mansfield. Inspiration for the Water Mill Square project originated from the the Dairy Block in Denver.

Retail Momentum in Mansfield

The Mansfield retail project pipeline remains active as both local and regional developers target the city’s growing residential base and expanding economic footprint. Water Mill Square is expected to further enhance the area’s retail mix, providing a curated blend of shopping, dining, and entertainment options designed to attract both residents and visitors from across the region.

Construction Outlook

As Nack Development finalizes preconstruction and permitting for Water Mill Square, local contractors, suppliers, and design firms are watching the progress closely. The addition of two shell buildings marks a tangible step toward transforming the site into a signature destination within Mansfield’s evolving commercial landscape.

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Mansfield, TX, USA

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