Trader Joe's is planting its flag on the other side of West Plano, with plans for a second city store at 5900 Preston Road that will sit almost directly across the street from H-E-B's flagship location. The new 12,526-square-foot store will anchor the Promontory on Preston mixed-use project at the southeast corner of Preston Road and Spring Creek Parkway, roughly two miles north of the chain's original Plano shop.
According to Community Impact, the Promontory on Preston project was approved by Plano City Council in March, and Trader Joe's will occupy space within that development. The outlet reports construction is expected to start in December and finish by July 2027, based on a project the developer filed with the Texas Department of Licensing and Regulation. State TDLR filings, registered under the name Trader Joe's Preston - Plano, show a $900,000 interior finish-out for the space, designed by California-based BMF + Associates, per the agency's project records.
The existing Trader Joe's at 2400 Preston Road has operated for years in West Plano and was previously ranked the city's top grocery store based on Yelp reviews, according to Community Impact's report. The new location will sell the same mix of fresh produce, snacks, meat, seafood, frozen items, baked goods, beer, wine, flowers, and self-branded products that has made the chain a fixture for Plano shoppers.
A Grocery Battleground Takes Shape
What makes this particular corner notable is who's already there. The incoming Trader Joe's will sit directly across the intersection from H-E-B's flagship Plano store, which opened on the southwest corner in late 2022, as reported by Plano Magazine. H-E-B's arrival in North Texas reshaped local supermarket competition, and now Trader Joe's is moving in essentially next door.
The land itself has a bit of history. Promontory on Preston is built on a 31.5-acre parcel that used to house a Kohl's department store, which relocated across the street to 5800 Preston Road in November 2022 to free up the site for redevelopment, according to Connect CRE. That cleared the way for the mixed-use project now taking shape, which already includes a 264-unit apartment complex.
Why Developers Bet Big On This Corner
The math behind the site selection isn't hard to follow. Marketing materials from developer Fritz Duda Company show average household incomes within a 1-mile radius of Promontory on Preston exceed $137,000, with thousands of vehicles passing through the Preston Road and Spring Creek Parkway intersection daily, per the Fritz Duda Company. In March, the developers filed state records for four new retail buildings totaling 40,626 square feet at an estimated cost of $7.24 million, according to Community Impact's separate report on the project.
City of Plano planning presentation documents describe the redevelopment as consistent with municipal goals to encourage new life for underperforming commercial properties, part of a citywide forecast of more than 25,000 new residential units by 2044. Plano is largely built out, leaving infill projects like Promontory on Preston as one of the few paths left for new development in the city.
Part Of A Broader North Texas Push
The Plano store is just the latest move in what's become a busy year for Trader Joe's around North Texas. According to Hoodline, the chain filed state permits for a location on FM 544 in Wylie in August, and it secured planning panel sign-off for a Main Street site in Frisco in July, according to Hoodline's earlier reporting. McKinney has also seen retail activity cluster around a planned Trader Joe's site.
The expansion tracks with population and income trends across Collin County, which added roughly 185,000 residents between 2020 and 2025 and now has a median household income of $121,600 — about 55% higher than the Texas statewide median of $78,476, per U.S. Census Bureau estimates cited by Hoodline. Dallas-Fort Worth's overall retail occupancy reached 95.3% in 2025 and was projected to hit 95.4% in 2026, with grocery-anchored centers driving much of the region's new commercial construction, according to Partners Real Estate data reported by Hoodline.
For now, the timeline hinges on the TDLR permit process and the pace of construction once it begins in December. Grand opening dates typically follow corporate announcements and municipal inspections closer to a store's completion, and no such date has been set for the Preston Road location.
