CROSS ROADS — A Walmart Supercenter is under construction at the northeast corner of U.S. Highway 380 and FM424.
The 186,000-square-foot store, at a cost of $12.6 million, will include a pharmacy, a garden center and a grocery section, Cross Roads Mayor Steve Smith said.
He said construction began earlier this year.
“The new center is located 10 miles from Little Elm and 10 miles from the Denton Walmart,” Smith said. “Right now we have a lot of interest, and a lot of things will be coming to the 380 Corridor.”
The Walmart is the start of a retail development to be called The Village at Cross Roads, Smith said. The new development so far is set to include two restaurants — Fuzzy’s Taco Shop and Whataburger, he said.
The Whataburger is expected to open in mid-August, he said. No opening date has been announced for Fuzzy’s.
Smith said the development has been in the works for a long time.
“The project began eight to 10 years ago. It also went bankrupt and sat idle,” Smith said. “It is exciting to get the project up and running.”
In a comprehensive plan adopted by the Cross Roads Town Council in November 2009, town officials said a Walmart was estimated to generate $1.5 million to $2 million in sales tax per year for the town.
Houston-based Lovett Commercial, the developer of The Village at Cross Roads, took over the project last fall, Smith said.
Bill Sheehy, chairman of the Cross Roads Economic Development Committee, has posted regular updates on the committee’s website. In his latest, he said Wal-Mart Stores Inc. officials expect to take possession of the new building by mid-August.
Tony Quintero, manager of the Walmart on Loop 288 in Denton, will become manager of the Cross Roads Walmart, Sheehy said in a committee update.
Daniel Morales, a Wal-Mart spokesman, wrote in an e-mail that approximately 300 employees will be hired for the new location. The Walmart is expected to open in the fall.
Smith said residents have welcomed the new construction.
“This will be the first Supercenter in our area,” he said. “Everyone has been real excited about the businesses and looking forward to the increased traffic.”
A recent traffic count by the Texas Department of Transportation showed that more than 29,000 vehicles travel on U.S. 380 and more than 11,000 on U.S. Highway 377 through Cross Roads each day, town officials said.
Micki Wyatt, general manager of the Prairie House Restaurant, said the construction and the new businesses coming to town will bring new customers to her restaurant.
It also will benefit the whole town, she said, as many area residents now travel to Little Elm, Frisco or Denton to buy groceries.
“We think it is awesome,” Wyatt said about the project. “It is going to be convenient for us as well when we need to get other things.”
Adding to the convenience, a CVS Pharmacy opened at 11101 U.S. 380 a month ago.
Smith said area residents are looking forward to the new Walmart, including those who live north of Pilot Point.
KARINA RAMÍREZ can be reached at 940-566-6878 and via Twitter at @KarinaFRamirez.