Page 44 - Georgetown Retail Merchandising Plan 11.7.16 - FINAL
P. 44
WOLF LAKES
Wolf Lakes is a 162 acre tract located strategically at the corner of I-35
and West University Avenue (SH 29). It is adjacent to the 750+ acre Wolf Lakes
Wolf Ranch Hillwood master planned residential development and just
west of Georgetown’s historic downtown. The landowner is currently Rivery Blvd
creating a master plan for destination retail, first-class restaurants, Ac#ve
hospitality, entertainment, multi-family, medical, Class A office, and
a corporate campus. The design includes distinctive water features,
outdoor venues for music, and parks and trails to provide recreational Wolf Lakes
activities. Wolf Lakes is a one of a kind asset that can leverage high Wolf Ranch Pkwy Georgetown, Texas
quality housing units for 4,000+ new residents, the regional retail town Potential Site
center adjacent to the site, and proximity to high volume traffic in the
city’s primary growth corridor.
Wolf Lakes has significant potential to serve Georgetown for a number
of reasons. As the region continues to expand, Wolf Lakes is uniquely
positioned to serve residents and workers who prefer to live and 162 ac +/-
work in a mixed-use environment with access to medical, office,
entertainment, recreation, and legacy retail. As Wolf Lakes evolves, Downtown Georgetown
high quality design and increasing synergies across various uses will
advance the economy for Georgetown and the surrounding area. e
A v
n
i
t
s
Catalyst completed an assessment for Wolf Lakes in 2015 and our u A N
findings showed demand for over 482,000 square feet of retail, 296
single-family units (per year), up to 52 multi-family units (per year),
15,500 square feet of small office (per year) and potential to capture Highway 29/ University
boutique location-driven corporate users. In addition, our findings
show demand for medical, excluding primary care physicians.
Wolf Ranch
Town Center
Wolf Lakes Statistics
Population 26,665
CONTACT: POTENTIAL MERCHANDISING
Households 9,538 WOLF LEGACY, LP AND WOLF LAKES, LP TARGETS: LIFESTYE RETAIL
Daytime Employees 14,519 IVA WOLF MCLACHLAN MAJOR ANCHOR DESTINATION RESTAURANTS
512-863-4050 MEDICAL
Median Household Income $60,320 CORPORATE OFFICE
NNN Rent $17.06 / square foot
Source: CoStar, Xceligent, STI
44

