Rockwall itself is growing fast, increasing its population by 2% each year. But also growing fast are Rockwall’s neighboring cities, Rowlett, Fate and Royse City, Texas, which are exploding with new homes, people and now, commercial developments.
As population increases rapidly in the Dallas-Fort Worth Metroplex, and several single-family homes are being built throughout Rockwall County, these cities are gearing up to take the overflow of newcomers and current citizens of Dallas-Fort Worth all looking to move a little further east.
In this blog, you will get a preview of all the exciting developments coming soon to Fate, Royse City, and Rowlett, Texas.
After the recent opening of new-build grocery store, Fresh, by Brookshire’s in 2022, this 66,000-square-foot anchor tenant has attracted several neighboring tenants coming soon to this premier, mixed-use development, Fate Village. Phase one features several major retailers, including Taco Bell, McDonald’s, Starbucks, and Heartland Medical that have almost completed construction to open by the second quarter of 2023!
Additional nearby tenants also expected to be delivered soon are Jersey Mikes, Great Clips, Aria Nail Bar, Pet Supplies Plus, and Hunt Regional Healthcare. Alongside these established tenants are additional pad sites and suites available to lease. If you are interested in bringing your business to the Fate Village, contact one of our agents today for more information on how you can capitalize and expand your business to this up and coming area.
It has recently been announced that the new development, Royse City Center, off Erby Campbell and Interstate 30, has almost been fully leased! New tenants coming to Royse City include Smoothie King, Chiloso Mexican Bistro, Verizon, and a Nail Spa.
Royse City has taken on several new development projects alongside the Royse City Center. New developments are being planned behind the center, in line with Walmart. There are still spaces, ranging from 1,400 – 2,817 square-feet, that are currently available for lease in this growing area. If you are interested in leasing at Royse City Center, contact one of our expert, top-rated commercial agents today.
We would be remiss if we did not include the major, $1 billion new development coming to Rowlett, Texas, Sapphire Bay Marina. Included in this development is the Sapphire Bay Resort, which will feature 500 guest rooms, suites, and villas each with waterfront views overlooking Lake Ray Hubbard and the stunning, 7-acre man-made Sapphire Bay Lagoon, as well as more than 100,000 square feet of indoor and outdoor event space including two grand ballrooms, multiple sized breakout boardrooms, pre-function areas, event lawns, and a special event island. Surf Village will feature a 600 ft. surf lagoon attraction and white sand beaches, three resort style pools, two swim up bars, a lazy river, and multiple outdoor beach gathering spaces, and a nearby beer garden.
Next is the Plaza, which will boast 140,000 square feet of restaurant, retail, and entertainment space as well an office tower with 125,000 square feet and future office towers up to 1 million square feet on the lagoon. It will also include a boutique hotel with 180 rooms with rooftop pool and lounge. Finally, residential homes along the marina will be included as well. Plus, Sapphire Bay Marina is of course a full service marina with boat and dock storage and rentals all with full access to Sapphire Bay.
Rockwall County and the surrounding area is growing (and growing fast)! The city of Rockwall has grown nearly 63 percent in the past decade and several of those residents are flooding into nearby cities, like Rowlett, Fate, and Royse City.
Fate has received over 20 percent population growth since 2020 and is rapidly expanding with new homes being built daily alongside their ±267 acre mixed-use development opportunity for sale along Interstate 30 near Fate Village. Royse City has also seen a 32 percent population growth from 2019-2024 and 1,280 housing permits issued in 2021 alone. With Rowlett’s new major development, the potential for the city is limitless as it’s poised to become a destination for people all over the world.
Strong population growth coupled with tax incentives for development make this area an excellent choice for commercial investors. If you are interested in expanding your commercial real estate portfolio, or are looking for tenant representation services, Rockwall County is an excellent location to invest in for the future. M&D Commercial Group is located in the heart of Rockwall, Texas with experienced, five-star agents ready to help you find the perfect property and location for your business or portfolio needs.
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