If you want the short version, scroll to “The Quick Read.”
What it is
Princeton Town Center is a planned 100-plus-acre retail district at the northwest corner of W. Princeton Drive (U.S. 380) and N. Beauchamp Boulevard, across from Walmart.
According to the city’s project page, the center is expected to feature 35 or more national brands, anchored by Lowe’s Home Improvement, Market Street, Texas Roadhouse, and Hobby Lobby.
City estimates project the development could generate more than $3 million in annual sales tax revenue once the center is fully built.
Private leasing and trade materials describe a big-box shopping center of roughly 420,000 to 500,000 square feet. The range comes from different third-party marketing estimates.
Some marketing previews list potential tenants including Market Street, Lowe’s, Hobby Lobby, TJ Maxx, and PetSmart. These names come from promotional marketing materials rather than city permits and should be treated as preliminary until official filings appear.
Who’s developing it
City records list Trination Global Investments P67 Partnership as the official zoning applicant and developer.
Some city agendas and trade sources also mention The Seitz Group in connection with the project. However, the applicant of record in zoning filings remains Trination.
What’s happening right now
• Oct. 20, 2025 (Planning & Zoning Commission): The P&Z Commission held a public hearing on case ZA20243021, a zone map amendment covering 66.623 acres in the Hardin Wright Survey (A-957).
• Oct. 27, 2025 (City Council at 6:30 p.m.): City Council is scheduled to hold its public hearing and consider final action on the same zoning case.
How we got here
• March 2024: The first Town Center planned development amendment was noticed for City Council review, covering approximately 91.169 acres.
• Aug. 19, 2024: A preliminary plat for about 91.6 acres went before the Planning & Zoning Commission.
• Aug. 26, 2024: City Council approved the preliminary plat.
• March 17, 2025: The applicant withdrew the earlier zoning case before submitting the current 66.623-acre zone map amendment, which is now moving forward.
Tenants: what’s official vs. provisional
• City information still lists Lowe’s, Market Street, Texas Roadhouse, and Hobby Lobby as anchor stores along with 35 or more national brands.
• Private marketing and trade press materials reference potential anchors such as Kroger Marketplace and The Home Depot, along with names like PetSmart, T.J. Maxx, and HomeGoods appearing in some council-packet references.
• City economic-development officials noted on Oct. 3 that no leases were yet imminent.
In short, tenant lists remain unconfirmed until formal lease announcements or building permits appear.
Approvals in Princeton (quick guide)
Large developments typically move through several stages:
Zoning (PD or ZMA) → Platting → Site Plans and Building Permits → Inspections → Certificates of Occupancy
Princeton Town Center completed preliminary platting in 2024 and is currently in the zoning map amendment stage for the 66.623-acre portion of the site.
The U.S. 380 corridor
U.S. 380 is Princeton’s primary growth corridor.
The Town Center site sits at a key commercial node across from Walmart and near several other retail developments, exactly where city planning materials and broker reports show long-term commercial clustering forming along the highway.
The Quick Read
The Princeton Town Center is a planned 100-acre retail development moving toward final approval at the northwest corner of U.S. 380 and N. Beauchamp Boulevard, across from Walmart.
City materials list Lowe’s, Market Street, Texas Roadhouse, and Hobby Lobby as anchor tenants and project more than $3 million in annual sales tax revenue once the center is complete.
Private marketing materials also reference Kroger Marketplace, The Home Depot, PetSmart, T.J. Maxx, and HomeGoods, though none of those tenants are officially confirmed.
The developer of record is Trination Global Investments P67 Partnership.
After earlier filings in 2024 covering about 91 acres, the current zoning case covers 66.6 acres.
The Planning & Zoning Commission held its hearing on Oct. 20, 2025, and City Council is scheduled to vote on Oct. 27, 2025.
The project remains in the zoning map amendment stage and represents the next major retail expansion along Princeton’s rapidly developing U.S. 380 corridor.
