In a move that is already impacting nearby retail and residential neighborhoods, HEB Grocery Co. has announced plans on a new South Austin HEB store near West Slaughter Lane and the I-35 frontage road. If updates to the site plan are approved by the City of Austin, the 139,000-square-foot store, car wash, and gas station are slated to open in late 2019 or early 2020.

The 8801 South Congress Ave. store is expected to profoundly impact the trajectory of future retail and residential developments in the immediate area, including “South Congress Station,” a shopping complex across the street at 9000 South Congress Ave. Anchored by a Gold’s Gym, other tenants include Pet Supermarket, a Schlotzsky’s sandwich shop, and Deca Dental, while lease negotiations continue for other prospective storefronts. The developer of South Congress Station cites the planned HEB store as a significant driver of the development.

The new HEB store near West Slaughter Lane is also expected to positively impact nearby residential neighborhoods like Park Ridge, Parkridge Gardens, Buckingham Estates, and the Crossing at Onion Creek -- both in resale values and rental rates.

Have questions about how development affects your investment properties? Reach out to us anytime; we’re always here to help.

* HEB logo is a registered trademark of H-E-B.

Posted by Monte Davis on


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