H-E-B Plans Store in New Caney’s Valley Ranch

A master-planned community nearing completion north of Houston just added a familiar red cherry on top.

San Antonio-based H-E-B filed plans with the state on Monday to build a 125,000-square-foot store in Valley Ranch Town Center, a retail development by The Signorelli Company in the burgeoning Montgomery County city of New Caney. It will be the 11th H-E-B in Montgomery County and the first in New Caney, according to the company’s website.

The $45 million project is scheduled to start January 2027 and wrap up by October 2027, according to the filing, which is preliminary and subject to change.

Although H-E-B often buys the land for its stores, the Signorelli Company presently owns the property in New Caney through its subsidiary, Valley Ranch Town Center Holdings LTD, public records show.

The retail complex, at the northwest corner of Grand Parkway and I-69, is part of Valley Ranch, a 1,400-acre master-planned community which Signorelli plans to complete within the next few years. After acquiring the first parcels for the development in 1999, the Woodlands-based firm began work in April of this year on the final single-family phase of the development, and it expects to complete the last homesites by early 2028. Work began last year on a separate retail center in the development, the Valley Ranch Marketplace.

The final development is expected to include more than 2,000 single-family homes and 1,000 multifamily units.

The Signorelli Company’s other projects include Austin Point, a 4,700-acre master-planned community near the intersection of Grand Parkway and Fort Bend Parkway in Rosenberg.

Meanwhile, H-E-B is planning to replace a defunct Albertsons in Uptown Dallas with a store for its upscale Central Market brand. The grocery chain is also buying a property in Austin which it has heretofore leased. Behind the scenes, the company recently filed plans to build a new refrigerated shipping facility and bakery in San Antonio, according to other state permit filings.