H-E-B Expansion in North Texas
Introduction to H-E-B
Fast-growing H-E-B has snatched up more property in the greater Dallas-Fort Worth area. The popular grocer has purchased about 20 acres in Sherman, adding to its holdings in North Texas. The site is at the northwest quadrant of the intersection of FM 1417 and US 75.
Construction Plans
“There is no construction date set,” said Mabrie Jackson, managing director of public affairs for H-E-B and Central Market, in a message. “However, we look forward to serving more Texans in the coming years.”
Expansion in North Texas
H-E-B is ramping up in North Texas with more property and stores as it looks to attract additional customers and challenge more entrenched rivals such as Walmart and Kroger. The company recently purchased a roughly 23-acre site in Flower Mound and earlier this year opened a site in Melissa.
Previous Expansions
H-E-B has continued to add stores to the area after opening a site in Frisco. Since then, it has added locations in Plano and McKinney, among others, and has announced plans for others including in the Fort Worth area.
D-FW Retail News
D-FW Retail News
Related: Despite store closures and trade uncertainty, D-FW retail powers ahead
Property Purchase
According to a Grayson County deed records, H-E-B LP purchased roughly 20 acres in June from Sherman Crossroads. Sherman Crossroads is a 130-acre land-development project of Harkinson Development and Heritage Development Partners in the southern sector of Sherman, according to a Harkinson website.
Response from Sherman Crossroads
“We are very pleased and gratified that H-E-B chose to acquire this parcel at Sherman Crossroads,” said Jeff Harkinson, general partner of Sherman Crossroads Ltd. “This is yet another milestone for Sherman and confirms the importance of our project as (a) retail destination for this dynamic and fast-growing part of town. Without the support of the City Council and its management team, this acquisition and the success of the Sherman Crossroads development would not have been possible.”
Conclusion
In conclusion, H-E-B’s expansion in North Texas is a significant development in the retail industry. The company’s purchase of 20 acres in Sherman and its plans to open more stores in the area demonstrate its commitment to serving the growing population of North Texas. As H-E-B continues to expand, it is likely to have a positive impact on the local economy and provide more options for consumers.
Frequently Asked Questions
Q: What is H-E-B?
A: H-E-B is a popular grocery store chain based in Texas.
Q: Where is H-E-B expanding in North Texas?
A: H-E-B is expanding in various locations in North Texas, including Sherman, Flower Mound, and Frisco.
Q: What is the significance of H-E-B’s expansion in North Texas?
A: H-E-B’s expansion in North Texas demonstrates the company’s commitment to serving the growing population of the area and providing more options for consumers. It is also likely to have a positive impact on the local economy.
Q: When will construction begin on the new H-E-B store in Sherman?
A: According to Mabrie Jackson, managing director of public affairs for H-E-B and Central Market, there is no construction date set for the new store in Sherman.
Q: How many acres did H-E-B purchase in Sherman?
A: H-E-B purchased roughly 20 acres in Sherman from Sherman Crossroads.
