Bill Cawley reveals what’s next for Plano mall; NHL team’s interest remains wild card in plans
Author: Dallas Business Journal, Aayush Gupta, Bill Hethcock
Published: 9:47 PM CDT March 26, 2026
Updated: 9:47 PM CDT March 26, 2026
PLANO, Texas — Read this story and more North Texas business news from our content partners at the Dallas Business Journal.
With or without the Dallas Stars, the USS Willow Bend will set sail for its next destination by the end of the year.
Demolition of parts of The Shops at Willow Bend in Plano is scheduled to begin in the fall, with plans moving forward in 2026 to transform the 94-acre property into a mixed-use development called The Bend.
Cawley’s company and Dallas-based Centennial Real Estate Management LLC are the owners and developers of the mall after initially partnering on the project about four years ago. Centennial is focused on the retail components in a sweeping teardown and redevelopment project and Cawley is handling the office and multifamily pieces, as well as an anticipated hotel.
Cawley spoke to Dallas Business Journal this week, as questions have swirled about the old mall’s future and shopkeepers have wondered what’s next as closures mount. And while the real estate development veteran couldn’t answer every question, he painted a vivid picture of a mixed-use future.
Demolition is set to begin in October or November, Cawley said. The necessary rezoning for the project has already been approved.
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