Kroger shows confidence in Prosper market, growth
Kroger has had its eye on the Prosper market for several years and Friday’s opening is only the second of three Prosper stores for the supermarket chain.
The location on U.S. Highway 380 at its intersection with Gee Road was busy Friday, July 14, when Prosper Town dignitaries joined with Kroger dignitaries to celebrate the opening of its second store in 16 months. Bright balloons and banners decorated the property to mark the Ribbon-Cutting ceremony as Prosper residents got a look at the second Kroger store for Prosper.
Mayor Ray Smith said in an email, “The Town of Prosper thanks Kroger for being a tremendous Corporate Partner. They continue to give back to our community in many ways and at the Grand Opening gave a donation to the Veteran’s Memorial project.”
That check for $2,000 was accepted on behalf of the Historical Society by Jack Dixon and Cap Perry and constitutes the first corporate donation received for the Veteran’s Memorial in Prosper. Dixon and Perry, both veterans themselves, have been working on the memorial project for almost five years. This donation is encouraging to the members of the Historical Society who, many times, thought the project might never happen.
The new Kroger offers the same inventory and services as the first Kroger Marketplace and is expected to draw patrons from Windsong Ranch, Little Elm, Savannah and others in the far west Prosper area and Denton County.
Town of Prosper Manager Harlan Jefferson says this is in line with the Town Council’s efforts. “We’re extremely excited about the Kroger store and its ancillary businesses opening up on the west side of town,” he said. This is really good news on several fronts. First, the residents in this fast-growing section of town will be served by a high-quality grocer, along with the other services provided by the surrounding businesses. And, second, the Town Council has gone on record supporting a diversification of our tax base, and these commercial establishments get us closer to that goal. The recent increase in the homestead exemption, the higher rating from credit agencies, and the opening of more businesses like Kroger are all part of our efforts at growing our economy and expanding our employment base while being mindful of our commitment to a conservative financial posture.”
The third Kroger Marketplace is planned for Prosper Plaza, A Rosebriar Properties site, located on U.S. Highway 380 at the intersection with Custer Road which is where McKinney, Prosper and Frisco all converge.
The Kroger will be located directly west of Lowe’s and together with Lowe’s will serve as anchor of the plaza development.