Fast-Growing Celina Snags Home Depot

Costco and Lowe’s have already announced they’re coming. And now Home Depot is jumping on the Celina bandwagon. The nations fastest growing community approved a tax grant for the home improvement center that would reach $1.4 million in ten years. The city expects the new store to generate enough revenue to support infrastructure and public service needs. The investment comes as Celina’s population grew by an estimated 26.6% from July 2022 to July 2023, more percentage growth than any other city of at least 20,000 in the country, accord to the US Census Bureau.

The big-box retailer will build a 105,000-square-foot location at the northwest corner of Ownsby Parkway and Preston Road, next to a planned Costco and across from a future Lowe’s.

Community Impact reports under the agreement, Home Depot will be required to open by July 2026 and employ at least 48 local residents by March 2027,.

There are currently about 15 Home Depot locations across Collin County.