LOCKHART, TX-A new freeway section may bring 1.7 million square feet of retail, industrial and residential to this city, as part of the new Centerpoint at Lockhart project. Local developers John Trube and J.P. Newman look to build a $120 million project in multiple phases along the new State Highway 130, which should open to the public in 2012.

The developers said that they’ve purchased 271 acres at the four corners of the intersection of 130 and State Highway 142, which is also known as West Main Street. The property was annexed by the city of Lockhart, which has pledged to provide utilities to the site. Zoning and entitlements have been secured for about 750,000 square feet of retail (including a hotel), one million square feet of industrial and flex facilities and 500 single-family and multifamily housing units.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.