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Shawnee Trail's first phase still set to break ground next year, developer says

Trademark Property Co. said Monday it plans a 2027 start on the Walmart-anchored Shawnee Trail project at Preston Road and the Collin County Outer Loop, where leasing talks are under way.

Renata Quill

October 5, 20261 min read

Storefronts rising near crossroads - illustration, Jake Team LLC

The company leading the Shawnee Trail development on Celina's north side says construction on the project's first phase is still planned for next year.

Fort Worth-based Trademark Property Co. included the update in a release Monday about its recent deals around Texas, stating that it "plans to break ground next year on Shawnee Trail, a mixed-use development anchored by Walmart."

The same release said Trademark closed financing on four retail projects in Arlington, Southlake, Cypress and Austin over six weeks this summer, a run its chief executive, Terry Montesi, described as the start of a new retail cycle.

What is planned

Shawnee Trail covers about 150 acres at Preston Road and the Collin County Outer Loop. Old Celina and G-Man Development, a subsidiary of the Celina-based Glendenning 1887 family company, picked Trademark to lead the project in December 2025.

Plans announced by the developers call for restaurants, entertainment, offices, public spaces, parks and apartments in addition to shops. The project's first piece is Celina's first Walmart Supercenter, which the developers said in March would open April 29. The developers' March announcement described it as one of Walmart's most up-to-date store formats, with an on-site fulfillment center and support for drone delivery.

Leasing interest

Trademark and Shop Companies are handling leasing together. In March the developers said prospective tenants interested in the site added up to more than 300,000 square feet. A December 2025 announcement had cited roughly 500,000 square feet of interest from national and regional retailers.

Monday's release did not name any tenants beyond Walmart or give a month for the groundbreaking.

Sources

prnewswire.com

trademarkproperty.com

fortworthbusiness.com

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Renata Quill

Renata Quill reports on local business, new openings, and economic development in Celina.

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