Supermarket News
Small town of Lucas north of Dallas to get its first supermarket
Lucas Crossing will include a supermarket and other retail spaces.
There's a new development set for Lucas, a growing town in Collin County east of Allen, that will include its first major grocery store.
According to a release, a planned development is coming to the northwest corner of Park Road and Southview Drive (FM 1378) consisting of a 130,000-square-foot grocery-anchored shopping center with a 25,000-square-foot restaurant village plus 15 adjacent pad sites and a community park.
That corner is currently a 42-acre parcel of undeveloped land, one that only the various natural fauna have enjoyed until now. The sale was brokered by Younger Partners Senior VP Michael Ytem and Executive VP Tom Grunnah.
Ytem says that the project has been years in the making.
"The extensive planning and city approvals reflect the commitment to bringing a best-in-class development that meets the needs of the growing community," Ytem says.
According to city of Lucas public records, that will include a Tom Thumb.
Lucas Mayor Dusty Kuykendall says it "will be our first true grocery store serving the community." There is a Walmart Supercenter at 2662 W Lucas Rd. But no standalone supermarkets.
Lucas currently has nearly 10,000 residents, with no multifamily or high-density neighborhoods. Kuykendall says that home lots tend to be around two acres with an average value of $1.2 million. Sufficient to warrant a supermarket.
Kuykendall says also that the project will increase their sales tax base, which will bolster funds for infrastructure and roads.
"This will be a unique addition to the largely residential town because it is all commercial with some green spaces included," Kuykendall says. "Our feedback on materials, the aesthetic and the layout were all incorporated. For some time, our residents have wanted a full-service restaurant, and this planned development will incorporate a few of these."
The development is positioned to serve not only Lucas but also neighboring communities including Parker, North Wylie, Northeast Murphy, and St. Paul.
“The planned development will create a dynamic new retail destination for the area and tremendous amenities for the region,” Grunnah said. “This transaction will have a lasting impact on the community and create value for the city, its residents and the new property owners.”
