New hospital gets $737k pre-development deal in Sherman
A new hospital may be on the horizon for south Sherman in the near future.
The Sherman City Council approved a series of pre-development agreements this week, which were made between the city, Crossroads Hospital Development LLC, Ivy Hotel Group and CFP Sherman, for the creation of a new $150 million, 80-bed acute care hospital.
These agreements dedicate of up to $737,000 toward work in the early stages of the project.
The move comes as city leaders in recent years have worked to court a new hospital in what is becoming the city s next big growth area along the FM 1417 corridor.
After four decades designing and planning modern Sherman, Scott Shadden is calling it a career.
Throughout the month of December, city officials and community leaders have thanked Shadden for his contributions to the city as the director of community development. In this role, Shadden had front row seat to development and growth in the city of Sherman over the better part of a half-century.
Shadden will be leaving the city of Sherman in January, capping off nearly 40 years to the day with the city. I have been fortunate to share in the visions and concepts that Sherman is a great place to live, work and raise a family, Shadden said in a news release. Most importantly, I am thankful for my wonderful wife and family that have always stood by me and supported my efforts and dreams.
Herald Democrat
The city of Sherman officially shook hands with developers for a new 288-acre development along the city s southern gateway.
The city council formally entered into an agreement Friday with the developers of Bel Air Village, a mixed-use development that promises to bring hundreds of new homes, new retail and a publicly accessible water attraction to the FM 1417 corridor. This is a project we have not seen the likes of in the city s history in terms of its size and scope and its impact to the city, City Manager Robby Hefton said, describing Friday s agreement as a win for the city.