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Hardy Oak/Stone Oak Parkway intersection to be the new retail hub
If you draw an X over the Stone Oak area, says leasing/project manager John Moake, the middle would lie near Stone Oak Parkway and Hardy Oak. This little piece of geographical luck, along with the available land, iconic views and future plan to extend Hardy Oak to Loop 1604 have already attracted two major developers to the intersection and many interested business owners.
“Stone Oak Parkway and Hardy Oak is really the future intersection,” says Moake of the San Antonio-based Birnbaum Properties, currently building more than 34,000 square feet of retail space on the northwest corner. Work began on two buildings roughly 45 days ago, with a completion date slated for early January.
“We have lots of good interest,” Moake says. “We are partially leased. It won’t stay empty for long.”
To date, a coffee shop, dry cleaners and liquor store are expected to open for business at the new retail site. The tenant Birnbaum is most excited about is Mark Arriola, a former Westin La Cantera chef who will open his first restaurant, SoGo Market Café, on the property. He will have competition, of course. Right across Hardy Oak, Aldaco’s Mexican Restaurant is expected to be the bankable tenant at the five-acre retail site currently being built by Live Oak-Gottesman Group. Other tenants will include UPS, Anytime Fitness, a bookstore and another dry cleaners. With stunning views of the canyon, Live Oak’s chief operating officer, Rob Golding, says the intersection is a “great area. We love the location.”
The San Antonio Texas Temple encompasses the 5.5 acres on the intersection’s southeast side. While the southwest parcel remains undeveloped. Birnbaum’s next project will be a 30,000-square-foot retail building at Stone Oak Parkway and Evans Road. Chase Bank is already under construction there and slated to open this year. A Walgreens is expected to be built as well.
Birnbaum has a completed project at the corner of Stone Oak Parkway and Sonterra Boulevard. The retail site is currently 100 percent leased, says Moake. “All the tenants are finding success at that location and we look forward to duplicating that.”