Financial News
Growth Set To Double In Sanger, Tx
DENTON, Texas - March 4, 2024 - PRLog -- During a recent update report to the City Council, the City staff stated that planned growth will nearly double the number of living units available in the coming years. Among the notable developments is the Belz Road Retail project, which is set to break ground on Phase 1 in June of this year, marking a significant milestone for the City. This master-planned community will bring more than 900 living units comprised of single-family lots for sale, build-to-rent units, duplexes, and multi-family units to the area.
Project Lane Ranch is making remarkable strides, featuring plans for more than 1,000 single-family homes, 100+ townhomes, and 250+ multi-family units. This expansive development includes an assisted living facility and 27 acres of business/retail space. Concurrently, Sanger Circle Phases 6 & 7 and the Sanger Preserves are moving forward, collectively contributing more than 1,700 single-family homes, several duplexes and townhomes, and more than 1,100 multi-family units. This surge in residential development is poised to nearly double the City's total living units, increasing from the current 3,438 to an impressive nearly 6,500.
On the commercial front, residents may have noticed Glen Polk actively constructing their new sales and service addition. Plans are underway for a new coffee bistro at 902 N. Stemmons Freeway, adding to the vibrancy of our community. Furthermore, an urgent care facility is in the works at the corner of Church Street and I-35. These commercial ventures and other ongoing projects are set to contribute 240,000+ sq. ft of new commercial space. City Mayor Thomas Muir commented, "These commercial ventures not only bring convenience to our residents but also contribute to the economic vitality of Sanger."
Sanger is also seeing growth in the industrial market. Anchored by the 278-acre Blue Star Industrial Park, plans call for an additional 8 warehouses and several other industrial businesses to bring more than 339,000 sq ft of industrial space.
These transformative projects and ongoing initiatives align seamlessly with our vision and 2040 Comprehensive Plan, ensuring that Sanger remains an exceptional place to live, work, and play now and in the future. City Manager John Noblitt concludes, "The City of Sanger remains committed to fostering a thriving community and embracing the opportunities that come with growth."
For more information on these projects and other City updates, please visit our City website at sangertexas.org.
ABOUT THE CITY OF SANGER:
Located in the heart of Denton County, just off I-35, the City of Sanger offers vibrant community living and strategic urban planning. As a growing hub for residents seeking an exceptional quality of life, Sanger boasts a rich tapestry of development projects, creating an environment that seamlessly blends residential, commercial, and recreational spaces. Guided by a forward-thinking vision and the 2040 Comprehensive Plan, the City is committed to fostering a thriving community that caters to the diverse needs of its residents. With an array of transformative initiatives underway, Sanger is poised for continued success and prosperity, solidifying its reputation as an inviting and dynamic place to live, work, and play.
Media Contact
Donna Green
dgreen@sangertexas.org
4695595876
Photos: (Click photo to enlarge)
Source: City of Sanger
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