SHERMAN, Texas (KXII) -- After a decade in business, the Sherman Jalapeño Tree has officially closed its doors. The city said Reggis Liquor will be taking its place.
In a press release, the Mexican restaurant stated, "After extensive and lengthy, but unsuccessful lease negotiations, the Jalapeno Tree restaurant location in Sherman has closed.
The Jalapeno Tree restaurant in Denison is unaffected by this development, and all employees of the Sherman location have taken positions at the Denison location."
"Back a few weeks ago, our Planning and Zoning commission approved a liquor store to go at this location and I believe the landlord has also approved that," said Sherman city councilor Kevin Couch.
Since voters approved the sale of alcoholic beverages and mixed drinks in Sherman back in November, Couch said four liquor stores have gone before Planning and Zoning, including Reggis Liquor and another store already open on Texoma Parkway.
Resident Thomas Park doesn't agree with the change.
"Better suited as a restaurant," Park said. "I think it would cause lot more accidents and lot more people could get hurt, especially with hard liquor."
"In the long run, this is the free market at play here," said Couch. "We're going to see one business close and another one open and it's going to create sales tax revenue, it's going to create jobs."
We're told Reggis Liquor plans to start remodeling on June 1st and could be open for business in the next three months.
Jalapeño Tree said a total of 25 employees, including managers, were working at the Sherman location when it closed.
The owner of Shafer Crossing said the building where Jalapeño Tree was will made into two businesses: one will be Reggis Liquor, the other will be either a taco, pizza or Mexican restaurant chain.