Colleyville Sets Stage for New Retailers
Mar 07, 2014 08:50AM ● Published by Anonymous
The city recently announced a well of new dining and shopping options throughout Colleyville. The biggest retailer breaking ground this summer is Whole Foods Market, which announced a plan to open a 40,000-square-foot store in the Village Park shopping center.
The public/private partnership between the city and Centennial Real Estate Company -- that is responsible for the Whole Foods Market location -- also ensured an $18 million redevelopment of the aging center.
Signs of construction seem to be everywhere you look throughout the shopping center, which was rebranded "Colleyville Downs," in honor of the city's former horse racing track, Ross Downs.
Consequently, the Whole Foods Market announcement fostered interest in neighboring properties. As a result, a new development called "Colleyville Stampede" is underway, which will feature already signed-on tenant Smashburger.
Centennial Real Estate has also purchased other land in the area and locations are slated for redevelopment in preparation for future tenants, including the currently occupied area where the Rice King and Sonic are located.
New businesses slated to open this year will include Whole Foods Market, Matt's Tex Mex, Einstein Bros. Bagels and Zoe's Kitchen.
Additionally, a major pet retailer may join the mix of new tenants.
The Colleyville economic development team will continue to provide announcements of expected and other new tenants throughout the year.