Nebraska Furniture Mart Begins Stocking Shelves for Customers
Candace Carlisle | email@example.com | Dallas Business Journal
After promises that shelves would begin to be stocked at Nebraska Furniture Mart’s new North Texas store in The Colony, work began Wednesday on filling the 560,000-square-foot retail showroom with appliances, furniture and electronics.
The retail showroom will anchor the $1.5 billion, 433-acre Grandscape development and is part of the larger 1.9 million-square-foot Nebraska Furniture Mart, which includes a distribution center.
The showroom at the southeast corner of the Sam Rayburn Tollway and Plano Parkway in The Colony is expected to open to customers by this spring, with Nebraska Furniture Mart organizing their development tenant mix for the rest of the massive project.
The 77-year-old retailer, an affiliate of Warren Buffett’s Omaha, Nebraska-based Berkshire Hathaway, plans to take its time recruiting other tenants to its Grandscape development, said Grandscape President Jeff Lind.
“The biggest thing that differentiates us from other developers is that we are under no financial pressure to sign tenants,” he told me. “We can tweak anything that we need to tweak and as we open the store, we’ll take our time and do it right.”
Thus far, the following tenants have been confirmed: Hampton Inn & Suites, Homewood Suites, Cheddar’s Casual Cafe, Hard Eight BBQ, Mi Cocina and Rock & Brews.
Lind said he expects the Texas showroom is expected to be one of the largest grossing retail stores on the planet.