The COVID pandemic has caused hardships on many businesses across the HEB area, our country and the world. It is very encouraging to see the number of new cases lessening each month and a return to near normalcy amongst our business community. Many might not have been here to experience this revival if they had not received much needed funding from the various Federal Government Cares Act funds.
Hurst was fortunate to lose very few businesses over the past 19 months and much of the credit should be given to the hard working business owners, managers, employees and the grants/loans they received. 627 Hurst businesses received PPP funding in round one (2020) and 557 Hurst businesses received monies in the second round of funding (2021). Tarrant County also offered grants for qualified businesses and 106 Hurst businesses were recipients of those.
For those few businesses that were lost, replacements are being found. Rally House and Nothing Bundt Cakes are two great examples. Rally House features officially licensed college and professional sports apparel, gifts and sports memorabilia. Nothing Bundt Cakes make great gifts and treats for the holidays, birthdays, anniversaries, baby showers and more. Both have recently opened in The Shops at North East Mall.
With the Hurst residents positive packaged liquor store election last year, two more liquor stores have purchased buildings in Hurst and will open soon including Liquor Depot and Liquorland. Liquorland is redeveloping a building that will include a Bahama Bucks with drive thru and the Liquorland in two separate suites. Spec’s Wine, Spirits & Finer Foods hopes to open their new store before year end.
Construction of the Galas at Central Park is well underway and this 94 unit Senior Living apartment complex hopes to open in the first half of next year. The new Provision at Patriot Place apartments opened their doors this summer and are now fully occupied.
|
|
We welcome the opportunity to hear your story of growth and new development in Hurst.
Steve Bowden
Economic Development Director
(817) 788-7025
|
|
|
Development Highlights in Euless
Activity in Euless continues at an impressive rate.
|
|
Urban Logistics Flexible
Commercial Site
|
|
During the 3rd quarter of 2021, a total of 37 certificates of occupancy were issued for new businesses in Euless. New businesses that opened over the period include Dutch Brothers Coffee and PJ’s Coffee of New Orleans, both located on North Industrial Boulevard and QuikTrip at North Main and East Airport Freeway.
|
|
New businesses that are very close to opening include Tommy’s Car Wash on East Euless Boulevard, Navy Federal Credit Union in Glade Parks, Popeye’s Chicken on Airport Freeway, and a Retail/Auto Service Center on West Euless Boulevard.
In addition to those nearing completion, several other new developments are progressing. These include the Urban Logistics flexible commercial site on South Industrial Boulevard. The development, consisting of three buildings with a combined 360,000 square feet of leasable space, is scheduled for completion in mid-2022. Others in progress are the Nepali Cultural Center on Royal Parkway, Westpark Professional Center on Westpark Court, Circle K redevelopment on South Industrial, Service Master facility expansion on West Euless Boulevard, Shreeya Retail Development at Glade Road and Highway 360, Valvoline in Glade Parks, Walk-On’s Sports Bistreaux in Glade Parks, and Frost Bank on West Airport Freeway.
Residential development continues at a steady pace. A total of 35 new housing permits were issued during the 3rd quarter of 2021. Founders Parc on South Industrial Boulevard, Lonestar Estates off Westpark Way, and Ashlyn Estates on Ash Lane remain our most active subdivisions.
For more information, please contact Director of Planning and Economic Development, Michael Warrix at [email protected] or at 817-685-1684.
|
|
Let us know how we can be of assistance!
Michael Warrix, AICP
Director of Planning and Economic Development
(817) 685-1684
|
|
|
Rock Island Auction Company
seeking approvals to relocate headquarters to Bedford
The City is pleased to announce that Rock Island Auction Company is currently under contract to purchase 3508 and 3600 Harwood Road, to relocate its headquarters from Rock Island, Illinois, to Bedford. The company plans to expand operations to Texas, capitalizing on our central geographic location, population density, and thriving and robust economy. “We believe we have found our dream location in Bedford, Texas,” noted company representatives.
Rock Island is the largest, fine and historic, firearms and militaria auction house in the world. The company employees 155 full-time employees and expects to surpass $100,000,000 in sales for the first time this year. Rock Island caters to all levels of collectors, but specializes in the most elite, the most historic, rare and consequently, the most expensive. Approximately 10% of the total sales will be sourced in Bedford, significantly contributing to the local economy. The company’s clients come from all over the world, contributing to Rock Island holding over 80 world records for individual objects in their field, including eight seven-figure individual sales. It is anticipated the company will bring to the community tens of thousands of clients, who will sleep, eat, and shop in Bedford.
Rock Island plans to establish operations in the vacant 89,000-sqf "big box" retail location, completely transforming the building into the finest brick-and-mortar venue of its type in the world. The company’s purchase also includes the 47,500 sq. ft. "strip mall", with the intention to make significant improvements to the entire center, which will allow the company to attract like-minded business owners and would-be entrepreneurs who provide a value-add to Rock Island and their clients.
The City of Bedford and Rock Island are presently negotiating terms of an economic development incentive agreement to assist in offsetting the company’s costs of relocation and extensive planned capital investment. Please visit www.rockislandauction.com for more information.
For general information about the City of Bedford please visit our website or contact Director of Economic Development Andrea Roy at 817-952-2175 or by email at [email protected].
|
|
With room to grow and opportunities available, Bedford is proud to offer an efficient “one stop shop” to discuss your perfect site.
Andrea Roy
Director of Economic Development
(817) 952-2175
|
|
|
HEB SNAPSHOT Chief Economic Indicators
3rd Quarter Year to Date Comparison
|
|
|
|
The Hurst Euless Bedford Economic Development Foundation is a partnership of the cities of Hurst, Euless, Bedford, the HEB Chamber of Commerce, and the HEB Independent School District. The Foundation markets the three cities primarily though trade shows, professional associations and meetings with commercial real estate developers. A primary focus of this foundation is retaining area businesses which, outside of supportive partners, is a primary source of funding. For more information, please contact Managing Director Mary Frazior at 817/540-1053.
|
|
Atmos Energy
HEB Independent School District
Frost Bank
First Bank Texas
TCC - NE Campus
American Airlines Credit Union
Benenati Law Firm, P.C.
|
|
|
|
|
|
|
