An IHOP and Applebee's restaurant is planned for an existing lease space on State Highway 121 in The Colony, according to a project registered Monday with the state's Department of Licensing and Regulation.
The filing, titled "IHOP/Applebee's Restaurant - The Colony," lists the address as 4801 Hwy 121 and describes the job as a tenant finish-out of 5,062 square feet. The estimated cost is $500,000. Construction is scheduled to start Dec. 7 and wrap up by March 22, 2027.
According to the registration, the work is privately funded and paid for by the tenant, which is listed as ACG Texas LP. The property owner is GMA Krantz Properties LP of Newport Beach, California, and Fusion-AE of Irving is the design firm. The project's current status is listed as registered.
The filing lists a registered accessibility specialist from Euless for the project, and under the state rules printed on the filing, the owner must get an accessibility inspection within a year after construction ends.
