Harkinson has closed on the sale of 45 acres of its 130 acres Sherman Crossroads project. The transaction was completed in August 2015. A partnership of area physicians is planning on constructing a medical complex. The conceptual master plan for Sherman Crossroads includes a medical, restaurants, retail, theatre, hotel, office buildings and other attractions. Sherman Crossroads lies at the intersection of US 75 and FM 1417 and is the southern door to the city. Sherman, TX is a historic and growing community located about 60 miles north of Dallas, TX and is the home of Austin College.