Austin retail market remains stable in uncertain timesAustin retail market remains stable in uncertain timeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=156292017-01-23T06:00:00Z2017-01-24T23:00:00Z

​​AUSTIN – As many retailers face uncertain futures, retail developers and leasing executives are comparing success notes. 

​While there isn't actually a formula to retail success, some centers seem to have perfected the secret sauce. ​

Retail disruption is happening faster than anyone expected. 

Austin has historically been a great supporter of local retailers, but those concepts can’t sustain a city’s economy alone. 

Credit tenants can be more attractive to developers when considering volume of sales, but finding the right mix of local tenants can create just as strong of a tenant mix because people—Austinites especially—want to shop small for authentic and unique goods. 

Centers need a balance of national and regional names, and restaurants and services.

Endeavor’s 1,600-acre mixed-use Belterra Village project in Dripping Springs will have 300,000 sf of retail and restaurant space. 

While it was rare to see fitness or experiential anchor tenants five or seven years ago, these days it’s accepted. 

Belterra Village will be anchored by Sky Cinemas and Gold’s Gym. 
Austin-Round Rock

​Want more​ data? See Austin Retail Market Research

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