$100M Fort Worth Retail, Residential Development Opens First Store

Friday is the official opening of Fort Worth’s latest shopping center Waterside, a residential and retail development.

REI, the specialty outdoor retailer, opens its 5th Texas store today.

When it is complete, Waterside will feature 175,000 square feet of retail and restaurant space, 800 residential units, 200,000 square feet of office space, a hotel, a public event space, hiking trails and access to Trinity River for paddling.

The shopping center is a “lifestyle center,” according to one retail expert, who suggested Waterside has “taken to another level” what facilities like Watters Creek in Allen and Plano’s Shops at Legacy have already achieved.

“They’re really looking for experiences. They’re not necessarily looking for material goods,” said Dwight Hill, of retail consulting company McMillan Doolittle. “What a lifestyle center offers is not only shopping but, also dining and also, perhaps, an event, or maybe play areas for customers to shop and linger. And that’s the whole point of a lifestyle center. They want you to linger in order to really experience the center.”

Will you visit the new retail space in Fort Worth?

 

http://www.nbcdfw.com/portableplayer/?cmsID=379368191&videoID=aoGwnjHIfmUe&origin=nbcdfw.com&sec=news&subsec=local&width=600&height=360

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s