Round Rock shopping center expanding to meet retail demand

Nov 12, 2014
Austin American Statesman

Local and national retailers have their eyes on the fast-growing Round Rock area, developers say, prompting one of the area’s largest shopping centers to expand

The 460,000-square-foot Round Rock Crossing shopping center, at Interstate 35 and Texas 45, is poised to add as much as 90,000 square feet of space next year, according to the Weitzman Group, which handles leasing for the project

The center is anchored by a Target store. Other retailers include Gander Mountain, Michaels, Best Buy, Stein Mart and Dollar Tree

On-site restaurants include Jason’s Deli and Five Guys Burgers and Fries

“The intersection of 45 and 35 features incredible retail at all four corners, and thanks to our Target anchor and a dozen popular restaurants, Round Rock Crossing generates the most everyday traffic, day in and day out,” said Britt Morrison, a senior vice president at the Weitzman Group

Round Rock Crossing is currently 98 percent occupied, Morrison said, and several prospective tenants are close to signing deals for space in the center’s next phase. Construction is expected to start in early 2015

Leon Chen, a co-founder of the Austin-based Tiff’s Treats chain, said sales have steadily increased since the cookie delivery service opened a location at Round Rock Crossing about two years ago

The center serves a trade area with about 222,000 people, including 80,000 households within a five-mile radius, according to the Weitzman Group

The rapid growth in the area has attracted other developers, as well. The former Garden Ridge store at the northwest corner of I-35 and Texas 45 has been purchased by Austin developers Manny Farahani, Jimmy Nassour and Steve Portnoy and is set to be redeveloped

The 40-year-old building that housed Garden Ridge – and an outlet mall before that – will be replaced with about 100,000 square feet of space for up to four anchor stores, as well as 15,000 square feet of space for smaller shops and restaurants and two pad sites for stand-alone banks or restaurants

Print Article opens in new window