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Strip center, restaurant coming to intersection near Rayzor Ranch properties

A new strip shopping center and a standalone restaurant are coming to the corner of West University Drive and Bonnie Brae Street in Denton next year. 

The commercial center is being developed by LPC Retail, a real estate development firm out of Dallas, and sits in front of nearly 12 acres owned by San Antonio-based grocery retailer H-E-B. 

"The front is all that we're doing at this point; we're just building that front strip," said Hunter Brous, a leasing associate on the project. "We don't have a timeline for the rest of the property."

While H-E-B owns part of the lot, there are no plans to develop it into an H-E-B or Central Market, said Leslie Sweet, the company's director of public affairs. 

Denton residents can look forward to the front portion of the property, though. Construction should be complete by the end of the year, and then tenants will build out the interiors to their liking, Brous said. The company is planning for stores at the development to start opening in May or June. 

The seven-parcel strip center has three slots with leases pending: McAlister's Deli, Firehouse Subs and a nail salon, according to LPC's website. A dental office and a MedSpring Urgent Care have signed letters of intent, saying they will sign leases in the future for the space. The remaining two storefronts are still available to lease.

Another unnamed company has signed a letter of intent to lease the 4,135-square-foot restaurant space, according to LPC's website.

As for H-E-B? Brous said LPC does not have a timeline for a grocery store to be built on the property. 

"It's all H-E-B's decision," he said. "They own it and they do their own work, so they'll be doing the build out." 

JENNA DUNCAN can be reached at 940-566-6889.

FEATURED PHOTO: LPC Retail is building a strip center and restaurant building at the front of the property at West University Drive and Bonnie Brae Street. The shell buildings will be completed in December, and finished out by tenants in early 2018.
Jeff Woo/DRC