Cedar Park - Far Northwest Austin Edition | February 2024

BY KAMERYN GRIESSER & ZACHARIA WASHINGTON

Ronald Reagan Boulevard

Completed 1 Arbor Park Shopping Center Retail, oce and dining 2 Shops at Reagan's Hope Retail 3 Ronald Reagan Retail Center Retail, oce and restaurant In progress 4 Centro Plaza Retail and oce 5 Reagan Crossing Retail, oce and dining 6 Prime Oce Warehouses Oce and retail In design 7 Perfect Game Entertainment, hotel, dining and retail

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The recent wave of commercial and multiuse development along Ronald Reagan Boulevard has been an ongoing goal for city ocials not only for that corridor but for all parts of Leander. The shift to commercial development was marked by an October 2022 ordinance limiting zoning requests that increase the density of residential developments. The move would allow the city to catch up commercially, ocials said at the time. Furthermore, DeLisle said Williamson County has plans as far out as 20 years from now to transform Ronald Reagan Boulevard into a large, divided toll road—similar to 183A Toll—bringing even more commuters and travelers to the area looking to shop and dine. “We’re able to get people while they’re commuting; we’re able to get people out of town that need to stop and grab something to eat. It’s where [commercial development] makes a lot of sense,” she said.

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183A TOLL

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SOURCES: THE PRIME DEVELOPER, VELAR DEVELOPMENT, RESOLUT RECOMMUNITY IMPACT

A closer look

What to expect

There are seven newly constructed or in-progress developments along Ronald Reagan Boulevard from East Whitestone Boulevard to East Crystal Falls Parkway— most of which are retail centers. Mallik Gilakattula, co-founder of Prime Developer—which owns three of the afore- mentioned developments—said the reason they chose to build along Ronald Reagan is due to the need for more ex spaces and commercial opportunities in the area. Leander Director of Economic Develop- ment Randall Malik said the success of Bar W Marketplace—located further north on Ronald Reagan Boulevard—has attracted even more developers to the corridor.

Of the developments on Ronald Reagan, the following are among the largest:

As the developments are completed, real estate brokers and developers have announced a wide variety of tenants, ranging from large national brands to smaller, local businesses. On New Hope Drive, a variety of entertainment and dining options are set to open later this year, including the new 54th Street Restaurant and Drafthouse location with pickleball and bocce ball courts, as well as debut businesses such as Hype Bar & Grill and Guru Liquors. “The last thing that Cedar Park residents want to do is have to travel into Austin to enjoy a night or weekend out,” said Travis Robertson, broker for District at New Hope. On Ronald Reagan, upcoming retailers include The Brass Tap, Society Bar and Kitchen, Shipley Do-Nuts, The Williamson County Bagel Co., and Seven Oaks Coee. Gilakattula said there is also an indoor cricket tenant coming to the ex spaces under construction at 15901 Ronald Reagan Blvd., Leander. “We are very excited about all the things that are coming,” DeLisle said.

Name

Developer

Estimated size

Austin Capital Advisors LLC

>3,000,000 sq. ft.

Perfect Game

Perfect Game is a national baseball and softball scouting company. The new headquarters will consist of 16 baseball elds, a 300-room hotel, retail and restaurants. Originally, the project was expected to be complete in 2024, but city ocials conrmed there has not been a groundbreaking yet.

Name

Developer

Estimated size

Prime Oce Warehouses

Prime Developer

104,000 sq. ft.

The development will include four oce ex spaces and one retail building.

“Most of that [commercial development] has been located outside of Leander, historically. It’s a big economic impact for us to be able to keep those dollars in Leander.”

Name

Developer

Estimated size

Prime Developer

Centro Plaza

149,754 sq. ft.

RANDALL MALIK, LEANDER DIRECTOR OF ECONOMIC DEVELOPMENT

The project will include four retail buildings and six oce spaces. Conrmed tenants include The Williamson County Bagel Co., Teapioca Lounge and Parinama Academy.

CEDAR PARK FAR NORTHWEST AUSTIN EDITION