REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

Got a Commercial Real Estate Need or Question?


Ask One of Our Trusted Advisors

High-end, destination retail development planned for Hwy 281

Taking advantage of improved access along the highway, Rinco of Texas, Campestres Resorts and Gomez Vazquez International Architects are finalizing plans for a 37-acre destination retail development just south of Blanco along Highway 281. The four-phase project is slated to break ground in spring 2017.

The first phase of the development — which is being marketed as Roperville — will include a full-service Marriott-branded hotel with more than 100 rooms, a ballroom, restaurant and bar; about 12,000 square feet of locally curated retail; restaurants from chefs that already have a loyal Hill Country following; as well as plenty of parks and outdoor spaces in an effort to make it easier to ditch the car and wander around.

But instead of going after national big-box tenants or another outlet-filled power center, the development team is focused more on what visitors will want and need to stay the whole day as opposed to which tenants are able to pay the rent.

The first phase of Roperville is expected to be delivered by the end of 2017, the completion of which, Roper said, will likely be the impetus for pulling the trigger on the second phase.

Click here to read the full article: High-end, destination retail development planned for Hwy 281 San Antonio Business Journal 9-29-2016

Share

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>