Anna, Texas — A joint venture between Charlotte, North Carolina-based Big V Property Group and Texas-based The Seitz Group is developing a 950,000-square-foot two-center retail project in the north Texas region of Collin County. The first of two open-air shopping centers that will be built is Rosamond Crossing Southeast, a 175,300-square-foot development situated in Anna, a suburb of Dallas. Kroger will anchor the center, which is already 70 percent leased. Additional tenants will include Bank of America, Chase Bank, Jimmy John’s and McDonald’s.
Permitting has begun and sitework is expected to commence this month on the project. Vertical construction for Phase I is expected to begin in April 2026, with a tentative opening targeted for April 2027. Construction of Phase II will begin in March 2027 and is anticipated to open in March 2028. Rosamond Crossing Southeast is being financed with a combination of developer equity, financing from Equity Street Capital and a construction loan from Valley Bank.