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CROWLEY, TX—A rural North Texas town has caught the eyes of two formidable North Texas developers who are planning to develop a retail center on 17 acres. Woodmont Corp. and Mercantile Partners also have an option to buy an adjacent 30-acre tract, where development has gotten a boost from a decision to relocate a road in south Tarrant County.

Construction is slated to begin in summer 2001 for the Shoppes of Deer Creek although no tenants have been signed for the first development phase. A Woodmont spokesman says the center will include a national grocer, retail and restaurant tenants. The joint venture bought the 17-acre parcel from Stone Gate Village for an undisclosed sum.

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