FULSHEAR, Texas – Grocer H-E-B has acquired 28 acres of land within master-planned Cross Creek Ranch for a new store west of Houston..
The 3,200-acre Cross Creek Ranch — a project of The Johnson Development Corp. — has set aside 200 acres for retail development.
“Fulshear has grown tremendously and is projected to continue its phenomenal growth,” said Rob Bamford, general manager of Cross Creek Ranch. “The developers of Cross Creek Ranch anticipated this momentum and planned accordingly, with significant acreage reserved for commercial use.”
The HEB site is at the northwest corner of Fulshear Bend Drive and FM 1463. Read King Commercial Real Estate bought an adjacent 19.98 acres for future retail development.
H-E-B has not announced timing for construction or opening of the new store.
Said Mayor Tommy Kuykendall: “Having H-E-B debut as the first major grocer in Fulshear puts an exclamation point on the city’s economic development efforts and our partnering efforts with Johnson Development and Read King.
“I believe H-E-B hits the mark for Fulshear’s demographics and the desires of our residents,” Kuykendall said. “H-E-B will also boost our sales tax revenues and help the city achieve a long-term goal of balancing between property and sales taxes as a source to fund city operations..”