Amarillo: 33,000-SF Winpark Place retail follows homesAmarillo: 33,000-SF Winpark Place retail follows homeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=902015-08-20T12:51:00Z2015-08-20T09:30:00Z

AMARILLO - Shinall Group will launch construction of the 33,000-sf Winpark Place shopping center this fall. 

Retail strip centers like Winpark Place have popped up in several locations across the city, primarily in southwest Amarillo but also on redeveloped sites in such areas as I-40 and South Washington St.

Winpark Place is located on the southwest corner of Hillside Rd. and South Bell St. — behind Golf Headquarters and an Amarillo National Bank Hillside branch.

“Amarillo’s done a good job of growing at the right pace,” said Brian Shinall of Shinall Group, the commercial real estate firm behind Winpark Place.

“The commercial is always a step behind the residential. You get retail to serve the rooftops that have gone in. Plus occupancy is high, and also the rent rates are up to the point where it justifies (the cost of) new construction.

The center will contain three separate buildings and a freestanding structure, which likely will be leased to a restaurant," Shinall said.

Winpark will contain between 12 and 18 tenants, depending upon how the space in the buildings is divided.

Amarillo Globe-News
http://amarillo.com/news/local-news/2015-08-17/shopping-centers-follow-residential-growthRead more at {Source}

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