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This Denton development could double in size later this year

Denton City council approval of settlement in reverse discrimination case

The city of Denton settled a lawsuit that alleged a black officer was retaliated against because she was responsible for the city hiring too many black police department employees. White officers complained.
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The city of Denton settled a lawsuit that alleged a black officer was retaliated against because she was responsible for the city hiring too many black police department employees. White officers complained.

Rayzor Ranch Town Center in Denton is about to get bigger.

Fidelis Realty Partners bought the property Friday, which includes 38,456 square feet of existing retail shop space. Current tenants include WinCo Foods and Alamo Draft House. Fidelis also bought the 60.2 acres of land that will be developed in the coming months.

The next phase of the development will be more retail, which can be shop space, entertainment and restaurants. The plans are to add 200,000 to 300,000 more square feet of space with six potential pad sites for restaurants along Interstate 35.

Since Fidelis just closed on the property, no tenants are yet lined up for the new proposed spaces, but they are in talks with several companies who could act as anchors for the second phase of the development. Once tenants are lined up, construction will begin.

Rick Coe, president of the DFW branch of Fidelis, said the tentative schedule for construction could start late this fall into the winter.

Carla Jimenez covers breaking business news and commercial retail development. Born and raised in Euless, she took a detour in the Midwest for a few years, but she’s back in the land of football, barbecue and Dr Pepper.


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