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The original item was published from 12/4/2018 10:11:00 AM to 12/9/2018 12:00:08 AM.

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Posted on: November 20, 2018

[ARCHIVED] Benbrook Economic Development Corporation Finalizes Braum’s Deal

Buildinga betterbenbrook


Benbrook Economic Development Corporation Finalizes Braum’s Deal

Last week, the Benbrook Economic Development Corporation (BEDC) completed a real estate closing on property located at 8909 Benbrook Boulevard; the old mini-storage site. The BEDC board of directors and Benbrook City Council approved the sale to Retail Buildings, Inc. in July of this year. As part of the contract for sale, Retail Buildings, Inc. agreed to construct and operate a new Braum’s Ice Cream and Dairy Store with Fresh Market on the site. The buyer completed their inspection and due diligence on the property, and closed on the site last Friday, November 16.

 Braum’s was specifically pursued as BEDC understood that many citizens desired their return to Benbrook, and because the Fresh Market component supplements current grocery options in our community. BEDC conducted an environmental assessment on the property, negotiated the purchase, demolished the old metal structures, and negotiated a satisfactory sale to Retail Buildings. The new site offers prime Benbrook Boulevard frontage, accessibility, and room to construct the drive-through service required of Braum’s to meet the needs of their customers. 

Construction of the new store is projected to begin summer 2019. 

Thank you for supporting local businesses, and thank you for Building a Better Benbrook!


The BEDC works to Build a Better Benbrook by fostering quality business growth and economic vitality, supporting existing businesses, recruiting and encouraging new commercial endeavors, and making strategic and visible investments in projects that support business development in Benbrook. 


 

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