Sherman Crossroads is one step closer to developing the south side of the city after the Planning and Zoning Commission approved a conceptual master plan for the 130 acres of land.

Sherman Crossroads is one step closer to developing the south side of the city after the Planning and Zoning Commission approved a conceptual master plan for the 130 acres of land.


"It’s a conceptual plan rather than something that is cast in stone," Jeff Harkinson, Sherman Crossroads, LTD general partner, said. "It gives an overall concept of how over the next decade, which is likely to be the length of time it would take to develop out something as large as this 130 acres," the project will progress.


The conceptual master plan is divided into three tracts or pieces. Tract I is located at the intersection of U.S. Highway 75 and FM 1417. The 40 acres of land would be used for lower density retail, which would provide a place for future banks, restaurants or small retail shops, Harkinson said.


Tract II, the central piece of land, will feature 46 acres for other retail uses. Harkinson said the conceptual master plan shows a movie theater and space for larger retail users or offices.


The northernmost piece of land, tract III, is where all the medical and health care related facilities will be located. The main structure will be a medical office building that is expected to be between 75,000 and 100,000 square feet and reaching two to three stories in height, Harkinson said. Other ideas in the works would include an outpatient center, a free-standing emergency room and specialized offices for occupational or physical therapy, he said.


Although the Sherman City Council voted to allow a proposal to build a new hospital, Harkinson said a future hospital is not in the current plan. Depending on the demand for services, he said there could be a hospital in the future to provide a place for patients who need to stay overnight but for now, the medical facilities will only be providing for daily care. If the area develops as expected, he said there is also room for a hotel.


"The whole purpose is to try to create something of quality and something that Sherman could be proud of at the southern entry of its city," Harkinson said. "We want to be sure if we’re moving forward and using this for promoting Sherman and promoting development to come to the city, us and the city are on the same page."


The development of medical facilities will provide services to people living south of Sherman, Harkinson said. Instead of driving to McKinney or Plano for medical procedures, he said he believes they will come to Sherman.


Harkinson also said adding medical offices and facilities will help bring in people to support the retail on the 130 acres of land. If the population visiting Sherman Crossroads meets their expectations, he said companies and restaurants like Starbucks could thrive.


The next step for Sherman Crossroads is to present their proposal and what the P&Z approved to the Sherman City Council. If the council approves, Harkinson said, he hopes the development process can move forward and start building the medical office building and the other facilities which will take 12 to 18 months before seeing their vision from advanced planning.


"I think what we’ve achieved is something that will allow the tax base of the city to grow, and if we’re successful, we think we’re going to generate a lot of jobs and there will be an economic multiplier effect for the entire Sherman community," Harkinson said.