Home Depot anchors Peñitas boom as city braces for retail, housing surge

Home Depot will open a 136,000-square-foot store in Peñitas as part of a wave of new shopping centers and housing developments that city officials say will transform the 6,400-resident community’s economy and tax base.

The two retail centers at Expressway 83 and 23rd Street could provide more than 200 jobs and access to goods previously only available in larger nearby cities, City Manager Beto Garza said.

“We’re going to have a tremendous amount of growth here in the next five years,” Garza said. “These projects are going to bring jobs, economic growth, tax money to the city, and it offers to extend more services and exciting new developments to our citizens.”

Peñitas Crossing Shopping Center

The new commercial subdivision by Palmco, known as the Peñitas Crossing Shopping Center, sits on the east side of 23rd Street. Confirmed tenants include Burlington, Ross Dress for Less, and Marshalls, all of which have filed construction permits with the state. Other retailers, such as Five Below and Rack Room Shoes, are also planned for the site.