Retailers and developers are beginning to show increased interest in the “four corners” at Interstate 30 and FM 2642.
“For some reason, that land is really starting to be looked at by retailers and/or developers,” Larry Lott, executive director of the Royse city Community Development Corporation, told members of the CDC’s board of directors at their Nov. 26 meeting.
Lott said he wouldn’t mention any names, saying only that “several people” are expressing interest in the corner lots.
The growing Verandah subdivision nearby could be the primary reason for growing interest involving the four corners.
Lott said Verandah currently has 300 houses in the subdivision, Developers recently opened up two additional subdivision phases
“So, lots and lots of activity beginning to happen down there,” he said.
Primary Care Associates will build on the northeast corner.
Lott said PCA is currently involved in off-site acquisition of water and sewer line improvements for the project.
That phase of the project, he said, should be done “fairly quickly.”