POTTSBORO, TX -- Business is booming in Pottsboro and now with the grand opening of Tanglewood Crossing, residents can find more services closer to home.
"There will probably be about 10-12 new businesses and right now there about four brand new business, actually they have businesses out in Sherman and Denison, and they're moving out to Pottsboro because they feel like this will be a profitable place to do business," said Chamber of Commerce President, Bobby Hancock.
The Pottsboro Chamber of Commerce and residents welcomed business owners at the ribbon cutting Thursday evening.
Owner of Tanglewood Real Estate, Marie Ward, says the businesses are located in a prime spot.
"We think that the access here and the visibility on 289, the visibility is fantastic," Ward said. "We're just a mile north of the intersection of 406 and 289 which has a really high traffic count, so we think that this is really the place to be."
The new development is located right near the entrance to Tanglewood Resort.
So far it boasts a medical clinic, title company, insurance agency, and real estate company.
And a convenience store will soon be built nearby.
David Bayless owns Bayless-Hall Insurance and says he's thrilled to expand his business to Pottsboro.
"We enjoy the Pottsboro area and we anticipate that this will be a fun thing for us to do with the other people that are out here," Bayless said.
Ward says they are planning for other businesses to set up shop there and there are still some office spaces open for lease.
If you're interested contact Tanglewood Real Estate.