Community
BY SAMANTHA DOUTY
Major grocers to bring revenue influx to Prosper
“The increase will allow council to dedicate additional funds to community and public services, infrastructure projects, maintenance, and staff,” said Mary Ann Moon, Prosper Economic Development Corporation executive director, in an email. The breakdown Construction will start in March for Prosper’s Costco, which is expected to be completed later this year, according to the Texas Department of Licensing and Regulation. Ground has not yet been broken for H-E-B, but it is expected to open in 2025. With planning and adherence to devel- opment standards, additional tax collection will ensure proper growth. Moon said the town looks to sustainable growth that reflects its vision. “We must stay ahead of the increasing need for services, safety and maintaining a busi- ness-friendly environment,” she said. “Our region is experiencing exponential growth.” The background The EDC also looks at small businesses in the downtown development on top of growth at The
Celina
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FRONTIER PKWY.
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FISHTRAP RD.
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Prosper
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UNIVERSITY DR.
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1 Costco Prosper 2 Target
3 Costco Celina 4 H-E-B
The following stories are based on trends Community Impact staff identified through monthly Impacts section reporting in 2023.
Gates of Prosper, Moon said. “The Gates of Prosper has added several ameni- ties—La Madeleine, Rally House, Fish City Grill, a bank is under construction—and there are plans for an expansion of dining and entertainment options west of Target,” she said. Looking ahead The EDC continues to work with other compa- nies, but more information can’t be shared at this time, Moon said.
Prosper has seen several corporate grocery stores announce new locations coming to the area. This includes the October opening of Target as well as the announcement of H-E-B and Costco coming to Prosper. With these new major grocers coming to the area, officials expect these busi- nesses will increase revenue that will go to the town. A Costco is also slated to open on Preston Road in Celina later this year.
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PROSPER - CELINA EDITION
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