Weitzman to Develop 830,000 SF, IKEA-Anchored Retail Center in Metro San Antonio
LIVE OAK, TEXAS — Weitzman will develop Live Oak Town Center, an 830,000-square-foot retail center that will be located at the southwest quadrant of Interstate 35 and Loop 1604 in Live Oak, a northeastern suburb of San Antonio. A 300,000-square-foot IKEA will anchor the property, which will also feature 530,000 square feet of retail, restaurant and entertainment space. The project also includes the development of a public road to be named IKEA RBFCU Parkway, which will connect the center to Loop 1604. Construction of the IKEA, which will be the Swedish furniture retailer’s only location in South Texas, is slated to begin in spring 2018 with completion scheduled for spring 2019. Construction of the adjacent space is slated for a late 2019 completion.