Editor's note: This article has been updated throughout.
After more than three months of mystery, Covenant Development confirmed Tuesday that a free-standing Starbucks will be the first restaurant to open in Gateway Village on Denison’s south side.
Covenant Development, who is the developer behind Gateway Village, said Vaquero Ventures is slated to develop the free-standing Starbucks in the area’s new retail component “The Shops at Gateway Village.”
“After looking at other sites in the market, Vaquero and Starbucks ultimately made their decision based on the vision for growth Gateway Village has shared regarding the entire region,” Ryan Johnson, president of Covenant Development, said in a press release announcing the Starbucks. “This will be the first of many food and beverage options for residents and visitors of Gateway Village.”
Vaquero Ventures has already begun construction on a 2,256 square building with a drive thru on the land it purchased directly in front of the Hilton Garden Inn and Texoma Convention Center. The new Starbucks store will have around 30 parking spaces for customers and a drive-thru lane.
The Denison Planning and Zoning Commission first approved the site plan for the then-unnamed restaurant project at the intersection of FM 691 and U.S. Highway 75 in Gateway Village in February. Developers and representatives for the project declined to comment on the identity of the restaurant at the time because of a confidentiality agreement. While no name was shown on the designs, the artist renderings included a round space for logo signage on the north, south and western sides of the building.
At the time of the first approval from the city, P&Z Manager Steven Doss noted the site would not have a direct connection to the highway service road and would instead just be accessible through Convention Way. This is expected to allow backed up traffic from the site to stay on Convention Way and Convention Way East instead of the service road.
The website for Fort Worth-based developer Vaquero Ventures listed Starbucks, Cotton Patch Cafe, Panera Bread, Chipotle, Potbelly, Raising Cane’s and Old Chicago among its previous restaurant tenants. Since 2011, the developer has seen the completion of 220 developments in 17 states with a total of $390 million of value.
“The Shops at Gateway Village” is slated to be the southernmost district of Gateway Village. In total, the development covers more than 600 acres and will contain residential, medical, shopping and dining options, as well as the Texoma Health Foundation Regional Health Park. Developers plan for all of those aspects to have connectivity and walkability via trail systems and green spaces.
Herald Democrat reporter Michael Hutchins contributed to this article.