CPM Development, LLC plans to invest a minimum of $400 million to build a hotel and convention center anchored by a superregional retail and entertainment destination. At a minimum, the company plans to build:
A full-service, 250-room hotel
30,000 square feet of convention space to be owned by the city
250,000 square feet of high-quality commercial development
500,000 square feet for a NFM (Nebraska Furniture Mart) retail store
700,000 square feet of warehouse space to service NFM retail store
What is NFM?
Formerly known as Nebraska Furniture Mart, NFM operates the three largest volume home furnishing retail stores in North America. Carrying extensive inventories with a wide range of prices, the stores offer a one-stop superregional shopping destination for furniture, flooring, appliances, and electronics through showrooms that attract customers from across the nation. The 84-year-old U.S. company provides high-quality developments and retail experiences and has a long track-record of success and good corporate citizenry.
Based on our tradition of selling cheap, telling the truth and providing the greatest selection and service, we improve people’s lifestyles.
City of Cedar Park Office of Economic Development
450 Cypress Creek Rd. Bldg. 1
Cedar Park, TX 78613