Construction has officially commenced on the Rosamond Town Center in Anna, Texas, following a groundbreaking ceremony held on June 30. The event was attended by representatives from Big V Property Group, The Seitz Group, Principal Asset Management®, and Citizens Bank, along with local officials.
The Rosamond Town Center is designed to complement the existing Rosamond Crossing and will be part of a larger 750,000-square-foot retail complex in Collin County. This development is being financed through a blend of developer equity, funds from Principal Asset Management®, and a construction loan from Citizens Bank.
Located at the southeast corner of Rosamond Parkway and Highway 75, the open-air center will encompass 355,826 square feet. It is set to feature major retailers including Academy Sports + Outdoors, Aldi, Burlington, EOS Fitness, Hobby Lobby, HomeGoods, PetSmart, and T.J. Maxx, alongside various outparcels and specialty shops.
Kenton McKeehan, President and Chief Investment Officer of Big V Property Group, expressed pride in contributing to the growth of Anna, stating that the project extends the Metroplex by nine miles. He highlighted the rapid growth expected in Anna, which is projected to expand 13 times faster than the national average over the next decade.
Danielle Kaufman from The Seitz Group emphasized the importance of collaboration in successful developments, acknowledging the efforts of the City of Anna's leadership. Mayor Pete Cain described the project as a pivotal moment for the city, projecting it will enhance the retail landscape and tax base while creating approximately 750 jobs.
