Economic Development
Summary
Big news for Sherman! A new hotel and conference center is coming, which means more people visiting and more events happening right here in town.
At a glance
- Total mentions
- 10
- Last 30 days
- 3
Last discussed Mar 24, 2026.
Impact analysis
The program could impact city revenue in the short term due to tax abatements, but aims for long-term growth.
Developers and potential new residents who benefit from incentives for building or renovating homes.
No groups negatively affected
Mentions & discussions (25)
New hotel and conference center planned for south Sherman - Herald Democrat
As development continues in southern Sherman, talks of a hotel and conference center are beginning to stir again after years of dormancy. During Friday’s monthly coffee with the mayor event, city officials and developers announced plans for The Ridge at Stone Creek, a 46-acre mixed-use planned development that will be anchored by a hotel and conference center.Friday’s announcement represents the return of talks on a convention center, which were stalled during market shifts during the COVID-19 pandemic.
Mayor's Roundtable showcases current and future growth - Herald Democrat
City leaders came together to discuss the growth, both present and future, coming to Sherman during the Sherman Mayor’s Roundtable event Friday morning. The annual event, now in its fifth year, serves as both an opportunity to discuss past projects and development while also teasing or announcing future projects with guest speakers.This year’s event included the announcement that restaurant chain First Watch plans to open a new Sherman location along U.S.
Sherman leaders address growth, new dining options at mayor’s roundtable
Sherman leaders address growth, new dining options at mayor’s roundtable kxii.com
Sherman, Denison receive STEM funding through Texas Instruments Foundation - Herald Democrat
As Texas Instruments ramps up production in Sherman, the company’s philanthropic arm is partnering with local school district to enhance science and tech programs and education. The Texas Instruments Foundation recently announced nearly $5.7 million in grant funding over the next two years for Science, Technology, Engineering and Math programs in Sherman and Denison Independent School Districts and other North Texas initiatives.This comes one year after the foundation awarded Denison ISD $1.83 million in grant funding for its STEM programs.
Sherman-Denison sees half-percent spike in unemployment - Herald Democrat
As new development continues to grow in Texoma, the region recently saw a spike in its unemployment rate. In July, the Texas Workforce Commission released its latest workforce numbers, which showed a 0.6 percent increase in the unemployment rate for the Sherman-Denison area in June.The latest workforce numbers saw the unemployment rate for the region rise from 4.1 percent in May to 4.7 percent one month later.
Micron Technology announces $500 million investment in GlobalWafers - Herald Democrat
By Michael Hutchins Herald Democrat Micron Technology announced plans to invest $500 million in silicon wafer producer GlobalWafers as a part of efforts to increase… Login to continue reading Login Sign up for complimentary access Sign Up Now Close
This Texas Boomtown Has a $30 Billion Chip Factory, and the Most Desperate Home Sellers in America
This Texas Boomtown Has a $30 Billion Chip Factory, and the Most Desperate Home Sellers in America 24/7 Wall St.
Micron signs $500M, 10-year deal with GlobalWafers in Sherman
Micron signs $500M, 10-year deal with GlobalWafers in Sherman KXII
City of Sherman receives $300,000 federal development grant | Community
City of Sherman receives $300,000 federal development grant | Community KTEN
Planning and Zoning Commission - Mar 24, 2026
ReliaCars, LLC received a specific use permit to operate a vehicle sales business.
City Council - Mar 16, 2026
The council discussed the request for the second annual 'Sherman Showdown' Food Truck Competition. This event could boost local economy and community engagement.
City Council - Mar 2, 2026
The city reauthorized its tax abatement program, which aims to encourage businesses to develop or redevelop properties within specific areas. This could lead to new construction and job opportunities.
City Council - Feb 16, 2026
The city is considering a new tax abatement program to encourage residential development and redevelopment. This could lead to new housing options and potentially affect property taxes and city services.
Planning and Zoning Commission - Jan 13, 2026
Several projects involving retail, restaurants, and hotels were approved or discussed, indicating growth in the commercial sector. This includes additions to an existing hotel and site plans for new commercial uses.
Sherman hosts Economic Roundtable, the present and future state of the city
Sherman hosts Economic Roundtable, the present and future state of the city KXII
City of Sherman approves new event venue
City of Sherman approves new event venue KXII
Sherman’s businesses are booming: Upcoming arrivals stir excitement and controversy
Sherman’s businesses are booming: Upcoming arrivals stir excitement and controversy KXII
Sherman H-E-B supermarket at least two years away
Sherman H-E-B supermarket at least two years away KTEN
Sherman City Council discusses finances, infrastructure for big incoming grocery store
Sherman City Council discusses finances, infrastructure for big incoming grocery store KXII
GlobalWafers America celebrates the completion of phase 1 at nation's most advanced 300mm wafer production facility
GlobalWafers America celebrates the completion of phase 1 at nation's most advanced 300mm wafer production facility ntxe-news.com
How Microchips and Federal Money Fueled a Land Rush in Sherman
How Microchips and Federal Money Fueled a Land Rush in Sherman D Magazine
Sherman City Council approves incentives for Sunny Delight expansion
Sherman City Council approves incentives for Sunny Delight expansion KXII
‘That’s going to have everybody excited’: Timeline for new grocery store chain coming to Sherman
‘That’s going to have everybody excited’: Timeline for new grocery store chain coming to Sherman KXII
Building Sherman: City entities working together to create a bright future
Building Sherman: City entities working together to create a bright future KXII
Eat, stay, work: Several new projects announced for south Sherman
Eat, stay, work: Several new projects announced for south Sherman KXII
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