Cencor Realty Services, one of largest retail development services firms based in Texas, and Kroger, the leading grocer in North Texas, will break ground at 11 a.m. Thursday on a Kroger Marketplace, which is the anchor and first phase of a community/regional-draw center located at the southwest corner of SH-121 and Josey Lane in Castle Hills.
The 123,000-s.f. Kroger Marketplace will serve the residents of Castle Hills, a premier, award-winning 2,500-acre master-planned community, and surrounding areas. Including the Kroger Marketplace and Kroger Fuel Center, the planned shopping center will incorporate approximately 350,000 s.f. of retail space, including additional anchor space, freestanding uses and small-shop retail and restaurant space. David Palmer, EVP in charge of development for Cencor, is directing the development, which will be leased by The Weitzman Group.
The new Kroger Marketplace, set to open in the first quarter of 2015, will offer apparel, housewares, small appliances, toys, baby products, fine jewelry and a pharmacy along with a variety of fresh food options, healthy meal solutions and traditional grocery items. Additionally, Texas-grown produce, fresh meat and seafood, natural and organic foods, specialty cheeses, international items, chef-prepared meals, artisan breads and premium wine and beer will line the store’s shelves and cases.
In addition to the Kroger Marketplace, the center’s first phase will include 40,000 s.f. of in-line retail space located along SH-121, as well as several ground sites for a number of national restaurant concepts to be announced soon.
“This location offers incredible visibility and access, and will serve the communities of Castle Hills, Lewisville and Carrollton,” Palmer said. “With this powerhouse Kroger Marketplace as an anchor, we expect that this major new retail development will rank as one of the strongest retail destinations in the trade area.”
The Castle Hills project is one of several that the two companies have worked on together.
“Cencor and Kroger’s long history of working to create leading community retail centers includes such outstanding project as Windhaven Plaza and Legacy Drive Village in Plano, Flower Mound Town Center in Flower Mound and several key retail projects in the Houston area,” said Herb Weitzman, chairman and CEO of The Weitzman Group and Cencor Realty Services.