Coppell shopping center to include Market Street super-grocery
09:53 PM CST on Friday, January 18, 2008
By STEVE BROWN / The Dallas Morning News
stevebrown@dallasnews.com
Developers began work Friday in Coppell on a shopping center that will include a new Market Street super grocery.
United Commercial Development is building the 110,000-square-foot Coppell Crossing retail center at the northeast corner of State Highway 121 and Denton Tap Road.
Coppell Crossing retail center The project will be anchored by the 70,000-square-foot Market Street store, which is owned by United Supermarkets LLC of Lubbock.
The high-end grocer's new Coppell location will be its fifth in the Dallas-Fort Worth area.
"Our plan is to be open by Thanksgiving," said developer David Dunning. "With Market Street as our anchor, it's not just another grocery store on a neighborhood corner."
Market Street stores offer a combination of specialty items and standard supermarket fare in a top-of-the-line store.
Coppell Crossing also will have a Bank of America branch, and Mr. Dunning said he is negotiating with other retailers.
His United Commercial Development is also building a Market Street store in its Eldorado Market Place, a 400,000-square-foot shopping center being built at the northwest corner of Eldorado Parkway and the Dallas North Tollway in Frisco. That center will open this summer and is being built in partnership with Duggan Realty Advisors.
Warren Creason, a real estate consultant for United Supermarkets, said the company is interested in adding more units in the area.
The first Market Street stores are open in Colleyville and McKinney. Another of the supermarkets is being built as part of the Watters Creek at Montgomery Farm in Allen, which will open at the end of next month.
"The largest single factor I see limiting our ability to grow or expand is not real estate or development partners or money," Mr. Creason said. "It's the human resources. We don't want off-the-rack employees."
No comments:
Post a Comment