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Development wave hits SH 114 in Southlake, Trophy Club

A 2.2-mile stretch along SH 114 in and around Southlake will transform vacant land into developments with major tenant anchors as soon as this winter.


Two retail developments, one with an anchor tenant being a grocery store and the other a steakhouse, are coming to Southlake. Trophy Club has started the process of adding business and gathering space near its town hall, further boosting visibility and visitors along a portion of SH 114 in Tarrant County.


”We’re getting some of the spaces on [SH] 114 filled,” said Daniel Cortez, Southlake director of economic development and tourism. “That signals northeast Tarrant County is still growing.”

What's happening: The three different projects are slated to include new shopping, dining and other activities on 46 acres in Southlake and 7.4 acres in Trophy Club.


The largest development is Shivers Farm, a 40-acre mixed-use development at SH 114 and North White Chapel Boulevard.

Also of note: Restaurateur Tim McEneny is bringing Dakota’s Steakhouse to Tarrant County.

 
Coming Soon
Omaha Steaks to sell protein, sides in Grapevine

Nebraska-based Omaha Steaks plans to open a store in Grapevine.

What they offer: The store will sell the company’s flash-frozen foods, including individually portioned steaks, chicken, seafood, burgers and pork. Customers can also purchase a selection of appetizers, sides and desserts.

The Grapevine store will allow customers to purchase items in store, through curbside pickup, and either same-day or next-day delivery. Omaha Steaks already has a strong direct-to-consumer customer base in the area and the Grapevine location will help the company provide better local access to its products, said Kathleen Al-Marhoon, Omaha Steaks’ director of public relations and corporate communications.

Quote of note: “As we grow our store network and expand our fulfillment capabilities, we’re creating a faster, more convenient way for customers to access our premium proteins,” said Nate Rempe, president & CEO of Omaha Steaks, in an email.

  • 1469 W. SH 114, Ste. 600, Grapevine

 
On The Business Beat
Grapevine-based GameStop makes $55.5B offer for eBay

GameStop, which is headquartered at 625 Westport Parkway in Grapevine, has made a nonbinding offer to acquire California-based eBay for nearly $56 billion, according to a news release.

The details: The offer worth $55.5 billion was submitted May 3, and it values eBay at $125 per share. If the sale closed, GameStop would acquire all of eBay using 50% cash and 50% stock, per the news release.

According to a May 4 news release, eBay confirmed receiving the offer from GameStop. The release states eBay’s board of directors will review the proposal in consultation with legal and financial advisers.

Also of note: If the acquisition goes through, Ryan Cohen, GameStop’s CEO, plans to serve in the same role over the combined company. Cohen, who owns about 9% of GameStop, became the company's CEO in 2021.

 
Transportation Tuesday
Check out 5 Dallas-Fort Worth road project updates

Stay informed on five road projects happening around Dallas-Fort Worth.

Collin County
Spring Creek Corridor intersection improvements

Project: The Spring Creek Corridor will receive additional turning lanes, new concrete pavement, barrier-free ramp reconstruction, sidewalk replacements and signal modifications in Plano.

Update: The southbound right lane from SH 121 to 800 feet south of Headquarters Drive will be closed. The project is in final design and is awaiting property acquisition before construction can move forward. Public Works Community Investment Program Manager Drew Zaeske said construction is estimated to be completed in the second quarter of 2029.

  • Timeline: May 2026-May 2029

  • Cost: $8 million

  • Funding source: city of Plano

Tarrant County
Lipscomb Street and Forest Street
Project:
The outline for the work is replacing the waterline, sanitary sewer lines, storm drainage and adding sidewalks, according to city documents.

Update: The project has a contract completion date by the end of May.

  • Timeline: June 2025-May 2026

  • Cost: $1.5 million

  • Funding sources: city of Grapevine, Tarrant County

 
Neighboring News
H-E-B to open near Colleyville this May

H-E-B will be opening near Colleyville in May, according to a Facebook post from the city of Bedford. 

The details: The store will include a 126,000-square-foot building, an H-E-B fuel station and car wash, a True Texas BBQ within the store, a pharmacy with a drive-thru, a meal simple department for chef-inspired to-go meals, an in-house sushi chef, a bakery with homemade tortillas and a grocery pickup area. 

The store is located on the corner of Cheek-Sparger Road and Heritage Avenue, in the city of Euless, near the border with Colleyville and Bedford.

What they're saying: “H-E-B is excited to meet all of our new neighbors in a few weeks at this long-anticipated location,” said Mabrie Jackson, the managing director of public affairs for the company. 

  • 2105 Rio Grande Blvd., Euless

 

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