Mega-developments changing the face of Sherman kten.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kten.com Daily Mail and Mail on Sunday newspapers.
Herald Democrat
For the past two years, the city of Sherman has looked south for future growth in the city. With the development of a new high school, entertainment and other large-scale developments, the FM 1417 corridor has positioned itself to be the epicenter of that growth.
Now, the city is turning its gaze north along that same corridor.
The Sherman Planning and Zoning Commission approved early plans this week for Heritage Ranch, a new 440-acre Planned Development along the intersection of FM 1417 and U.S. Highway 82. The new development is expected to bring with it a combination of residential, commercial and entertainment options.
Sherman, Bel Air Village to shake hands on 288-acre, $500M development
Herald Democrat
After more than a year of talks and negotiations, the Sherman appears to be ready to shake hands with developers with Bel Air Village. The City Council will hold a special meeting at 11:30 a.m. Friday to discuss a master development agreement that would push forward work on a proposed 288-acre mixed-use development along FM 1417 that could feature about $500 million in private investment.
Once developed, the project promises to bring a mixture of retail, residential and a major water feature to south Sherman. This meeting will represent the culmination of really 18 months of work behind the scenes by city staff and city council to negotiate what we hope will end up being the largest residential development in the city s history, Sherman Community and Support Services Manager Nate Strauch said.