Costco, Home Depot and a Taco Row: The New Errand Run on Preston Road Near Mustang Lakes

On a Saturday morning this fall, one corner of South Preston Road in Celina covers most of a weekend errand list. Bulk paper towels and rotisserie chicken come from one store, deck stain and a new bathroom faucet from the one next door, and youth soccer cleats from a third. If the gas light comes on, there's a Costco fuel station where the pumps open at 6 a.m. All of it sits at Preston Road and Ownsby Parkway. Most of it opened over eight days in August.

Mustang Lakes is on Frontier Parkway, which is also FM 1461, and the developer gives 2682 Roseland Parkway as the address for directions. The neighborhood sits on the same Preston Road corridor as the new stores. The Preston and Ownsby corner was planned years before any of these stores opened, and that planning explains why everything showed up at once.

Eight Days in August

Community Impact reported these openings one at a time. Put together, the schedule looks like this:

According to Community Impact's opening report, The Home Depot opened to shoppers at 6 p.m. on Aug. 19 with 149 associates. The Costco warehouse covers 158,000 square feet. The year started with Lowe's at 3540 S. Preston Road, which scheduled its grand opening for Jan. 23. Celina now has both big home-improvement chains on the same short stretch of Preston. If one is out of the right grout color, the other is close by.

These openings landed together because the corner had been in the works since 2022.

The Road Came Before the Rooftops

The Celina Economic Development Corporation says the Costco project goes back to 2022. That year, the City of Celina signed an agreement with Costco Wholesale Corporation that included commitments for infrastructure improvements nearby. The EDC calls the construction and expansion of Ownsby Parkway "a critical component" of the deal, built to support Costco "and future commercial development along the Preston Road corridor."

Community Impact reported in April 2025 that the Ownsby work built six lanes from Preston Road to CR 83, and that construction had finished in January. So the six-lane road was finished more than a year before the stores it was built for opened.

That order explains how the corner is laid out. The local development tracker Celina Watch calls the southwest corner The Village at Ownsby Farms, a 40-acre "power center" with large anchor stores at the back and restaurant pads along the front. The southeast corner is The Crossing at Moore Farm, which the same tracker describes as the eastern counterpart to the Village. Celina planned one shopping area across both sides of Preston, and the road went in first.

Costco's Clock, for Planning the Run

The anchors set the hours for the whole trip, so these are the ones to know. Costco's official Celina warehouse page lists these hours:

• Executive members: 9 a.m. to 8:30 p.m. on weekdays, 9 a.m. to 7 p.m. on Saturday, 9 a.m. to 6 p.m. on Sunday
• Gold Star and Business members: 10 a.m. to 8:30 p.m. on weekdays, 9:30 a.m. to 7 p.m. on Saturday, 10 a.m. to 6 p.m. on Sunday
• Gas station: 6 a.m. to 10 p.m. on weekdays, 6 a.m. to 8:30 p.m. on Saturday, 6 a.m. to 7:30 p.m. on Sunday

Stores adjust hours around the holidays, so check that page before a Thanksgiving or December stock-up.

The gas station opens earlier than the warehouse every day and closes later most days. A commuter can fill up on the way out in the morning without needing the store to be open. Costco also lists pharmacy and automotive services at this location.

The Lunch Row Opened First

The restaurant pads in front of the anchors filled in months before the big stores opened. On the Village side:

• Mo' Bettahs, the Hawaiian plate-lunch spot at 3505 S. Preston Road, opened March 20.
• Pickleman's Gourmet Cafe, at 3515 S. Preston Road, opened March 24.
• Torchy's Tacos, at 3505 S. Preston Road, set an April 15 opening, and Celina Watch lists it as open.
• Bojangles, at 3615 S. Preston Road, opened June 23.

Across Preston, Celina Watch lists Chipotle and Panda Express as open at The Crossing at Moore Farm.

So Costco opened next to a food row that was already running. A Saturday trip to Home Depot can now include a plate lunch, a sandwich or tacos without leaving the corner.

Farther north, the corridor added a few smaller stops this fall. Celina Summit Crossing, at the northeast corner of Preston Road and Glendenning Parkway, lists Club Pilates and Jimmy John's among its tenants. Club Pilates opened Aug. 27 at 1520 S. Preston Road, Suite 130, according to Community Impact's roundup. A Jimmy John's opened in the same center on Oct. 14.

Still Behind the Construction Fencing

The corner isn't finished. These are Celina Watch's projected openings. Its district pages were last updated in April 2026, so treat every date below as an estimate:

• Black Rock Coffee Bar, 3625 S. Preston Road, Suite 130: under construction, estimated for Q1 2027
• Five Guys, 3625 S. Preston Road, Suite 100: under construction, estimated for Q1 2027
• Brunch Factory, Cold Stone Creamery and Firehouse Subs at the Village: all listed for Q1 2027
• Crispy Cones, ATI Physical Therapy and Valvoline at The Crossing at Moore Farm: all listed for Q1 2027
• EōS Fitness, a planned 110,000-square-foot club at The Crossing: listed for both Q1 and Q2 2027 on the same tracker page
• Curry Pizza House and FOSS Swim School at the Village: planned for Q2 2027

Every item on that list is food, coffee, fitness or a service like an oil change, with no new anchor store among them. A coffee bar and a brunch spot would also give the corner a reason to visit on mornings with no errand to run, assuming they open on the posted timeline.

The Road Mustang Lakes Uses Hasn't Changed Yet

Ownsby Parkway got six lanes ahead of the stores. Frontier Parkway, the road Mustang Lakes sits on, is still waiting for its upgrade. Community Impact's Oct. 9 roundup of 10 road projects lists a Texas Department of Transportation plan to rebuild the existing asphalt road as four lanes from Preston Road to Custer Road. As of that report, TxDOT was waiting on funding to start construction, with the timeline and cost both listed as "TBD."

In practice, the stores are open now and the road improvement has no start date. Morning gas runs and midday weekday trips avoid the corner's busiest hours. Saturday afternoons around Costco's 7 p.m. close will likely be the hardest time to get in and out, as with any new warehouse store.

When the Errand Run Turns Into Dinner

Preston Road covers the errands. For a sit-down dinner, the newest option is in downtown Prosper. 1902 Restaurant opened Oct. 6 at 209 W. Broadway St., serving steaks, pasta and seafood, according to Community Impact. Its first-floor dining room and bar are open six days a week. The rooftop seating, brunch, lunch and Mary Ann's Speakeasy on the second floor will open later. Community Impact previously reported that the restaurant took over the former Prosper Wine House space and is named for the year Prosper was established. More on the town is in our Prosper neighborhood guide.

Mustang Lakes also has plenty on its own calendar this season. Our look at the Harvest Run starting on Roseland Parkway covers the November races. For dining a bit farther afield, see what The Creeks at Celina adds to a South Celina weeknight.

Every store on this corner is a reminder that the area around Mustang Lakes is still changing, and buyers will notice. If you'd like to know what your home could be worth as Preston Road fills in, Deb and Brent at LivingWell Realty can prepare a Mustang Lakes valuation based on real local sales. Start with Get Your Home Value, and we'll take it from there.