AUSTIN (KXAN) - Trader Joe's, the quirky California-based chain of specialty stores, is planning to open a location as part of the redevelopment of the Seaholm Power Plant site just south of Downtown Austin.
"Of all the nationally-known retailers to land in Austin over the past decade, it's safe to say Trader Joe's is right up there in terms of the degree of enthusiasm in which they're welcomed," said John Rosato, managing partner for Seaholm Power, which is overseeing the redevelopment project.
"Trader Joe's fits right in with our plan to draw tenants that will help create a sense of community and purpose for the southwest segment of downtown," he added.
The Austin location marks the eighth Texas store the company has announced. The others are in the Dallas and Houston areas.
The company said the Austin store, which is expected to open next year, will mix "traditional Trader Joe's elements such as cedar covered walls and Hawaiian motifs, combined with a local flair that includes art celebrating the neighborhood."
Seaholm is on an 8-acre site bounded by Third Street on the north, the planned central library on the east and Lady Bird Lake on the south. A commuter rail line is planned for the west side of the property.
The redevelopment plan calls for an acre of outdoor event space, nearly 300 apartments, 130,000 square feet of office space and about 40,000 square feet of retail space.
Construction on the site could begin in July. According to Rosato the first part of the development will be a three story underground garage that will service Trader Joe's and the nearby buildings.
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