Weber & Co. Eyes Metroplex Retail Center
Weber & Co. plans to develop a Target-anchored, 225,000-square-foot retail center in Little Elm, Texas. The company acquired the development site earlier this month.
The Target store is set to encompass some 148,000 square feet, according to The Dallas Morning News. Its completion is expected in the spring of 2026.
Weber & Co. will name the future retail center Bates Towne Crossing, in honor of the the family which had owned the site for the past 157 years.
DB2RE founders David Davidson Jr. and Edward Bogel represented the seller. Furthermore, DB2RE Director of Suburban Land Ryan Turner and Retail Specialist Jonathan Cooper will oversee leasing at the shopping center.
The property is at the intersection of U.S. Highway 380 and Ryan Spiritas Parkway. Several supermarkets, such as a Walmart Supercenter, Aldi, 7-Eleven, Walgreens and Chick-fil-A, are within a 2-mile radius. GBT Realty Corp. has also made plans for a Sprouts-anchored retail center at the same intersection as Weber’s site, on the northeast corner. H-E-B also owns property west of the future Target-anchored retail center.
Weber & Co. owns another four retail centers in the Dallas-Fort Worth market—one in McKinney, one in Grand Prairie and two in Fort Worth—totaling 724,200 square feet, according to CommercialEdge information.
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