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AUSTIN-The 115,000-sf first phase of the Center Park at Tech Ridge shopping center has opened, anchored by an 86,000-sf H-E-B grocery store. Other tenants include Radio Shack, Capital Vineyards, Seattle’s Best, Panda Express and Image Tile. The center is in the middle of the fast-growing Interstate 35-Parmer Lane area.

Steve Durham of Durhman & Bassett Realty Group Inc. tells GlobeSt.com that the next phase, 100,000 sf, will open in 2002 with four pads for restaurants and a bank. The developers also are building out the area with construction of a centerpiece bridge that connects Canyon Ridge Drive to the shopping center’s frontage road, which goes back to Dell Computer Corp.’s Parmer Lane campus. Other features include hike-and-bike trails.

The presence of Dell and Samsung Austin Semiconductor’s plant on east Parmer jumpstarted the Interstate 35-Parmer area as another fast-growth retail location. “A lot’s going to happen at that intersection over the next couple of years,” Durhman says. “A Super Wal-mart’s going in on the opposite corner, a couple of other boxes are ready to announce on the other corners.”

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