The good news is the HEB business community survived what could go down as the most tumultuous year in history. The other good news is in this first quarter of 2021 our economy should be enhanced by a second round of $900 Billion in Stimulus Cares Act Fund monies to support small businesses and citizens. It has seemed to be “feast or famine” for businesses with those selling groceries, essential items and home products faring the best with those featuring “non-essential” products not performing as well. Good, positive examples in Hurst this quarter include Richland Sewing Center and Texas Leisure Pools & Spas. Both are doing so well that they doubled and tripled their store space to allow for greater inventory levels to meet the demand. Over 700 Hurst businesses received much needed stimulus funding in 2020 and many have now applied for the second round. These opportunities are available through PPP, EIDL and Tarrant County small business loans and grants.
Hurst was fortunate in that new business growth in 2020 was surprisingly as active as it has been in past years. There were 132 new business openings and expansions occupying 433,473 square feet. Highlighted openings included Hobby Lobby, Tuesday Morning, the expansion and relocation of Conn’s Home Plus, Shoe Carnival, 17 bay Caliber Auto Care, Candlewood Suites and the opening of the Provision of North Valentine apartment complex. With the November 3 election, Hurst citizens voted in favor of allowing packaged liquor stores. Look for announcements on new packaged liquor stores soon.
New residential development continues to be the most active of the real estate sectors as 80-100,000 people move to DFW each year and need housing. DFW has led the country in new apartment construction for 10 consecutive years! Suburbs like Hurst continue to enjoy that expansion as well as the Provision at North Valentine apartments opened last January, the $20 Million Provision at Patriot Place (pictured above) hopes to open late Spring and the Gala at Central Park, a new senior independent living complex, is now under construction and scheduled to open in 12 months.
For more information on development and redevelopment opportunities, please visit the City of Hurst website and contact Steve Bowden at 817/788-7025 or at