Little Towns With Big Appeal: Celina

The tiny Texas town often mispronounced as the queen of Tejano music, Selena, is already on the radar of a few savvy developers, but it's working toward broader awareness.

Though Celina is about 15 square miles now, it will be about 78 at build-out. Today, the city has less than 11,000 residents, but the city’s growth projections show 100,000 by 2024 and 340,000 at total build out.

It has a unique landscape of light farms and a historic downtown, similar to McKinney. Much of that farmland has already or will become residential lots. Celina will deliver 11,000 lots across several developments in 2017 and close to 17,000 lots in 2018 and 2019.

With that many rooftops in the pipeline, the CRE conversation naturally turns to retail, a conversation Celina EDC director Corbett Howard is poised to have with traffic counts as his arsenal. The three intersections where Preston Road meets Frontier Parkway, FM 88 and East Pecan Street see more than 53,000 cars per day combined. 

“We’re just starting to knock on the CRE door,” Howard told Bisnow. Where Preston Road meets the future Outer Loop highway is the most likely spot for the center of Celina’s commercial activity.

Celina Town Center already has a respectable list of tenants including McDonald’s, healthcare offices and Brookshire’s. Ground-up developments such as Rex Real Estate’s Glendenning Ranch — 600 acres of multifamily, office, retail and more — will be just the beginning of development in Celina. 

Plus, Howard and the city have some forthcoming announcements that they hope will make Celina more attractive to office and technology tenants. 

Continue reading this story with a free account

Log in or register
Related Topics: Celina , Celina EDC , Corbett Howard
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

McKinney Approves $21M In Funding For Cannon Beach Surf Resort

Machine Investment Group Buys 490-Unit Multifamily Property In North Dallas: The DFW Deal Sheet

DFW Multifamily Distress Creates Opening For Investors As Development Slows

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

DFW's Life Sciences Sector Offers Startups The Ingredients They Need To Scale

Dallas Mavericks Launch Plans For New Arena-Anchored Entertainment District

Shorenstein Acquires Preston Center Office Tower: The DFW Deal Sheet

Republican Midterm Convention Could Fill More Than 5,000 Hotel Rooms In Dallas

Y'all Street Powers Trophy Office Momentum In Uptown Dallas

Selerix Insurance Services To Nearly Double Its HQ Size With Plano Lease: The DFW Deal Sheet

4 Asset Classes Post $4.6B In New Distress

Feds Raid North Texas-Based Contractor As Part Of HUD Investigation