San Antonio’s retail market is in the middle of its strongest construction surge since 2019, with more than 607,000 square feet of new and expanded space expected to be completed by the end of 2025. This marks a significant jump from the 423,000 square feet added last year and reflects the city’s ongoing population growth and consumer demand.

Major Projects Underway

Some of the most notable retail additions include:

• Dick’s House of Sport
• H-E-B at Shops at Babcock
• Crunch Fitness
• Burlington
• Trader Joe’s expansion

With occupancy rates holding steady around 95 percent, developers are clearly responding to a market that is eager for more shopping, dining, and fitness options.

What This Means for San Antonio Real Estate

Retail development is often a sign of residential growth to come. New shopping centers not only bring convenience but also boost the appeal of nearby neighborhoods. For buyers moving to San Antonio, proximity to quality retail options is often a top priority. For sellers, these amenities can make a home more competitive in the market.

Source: San Antonio Express-News

Frequently Asked Questions

Q: Where is the biggest retail growth happening?
A: Northwest and Far West San Antonio are seeing the largest projects, along with select high-growth areas along the I-35 corridor.

Q: Will this impact home values?
A: In many cases, yes. Homes near desirable retail and dining options often see increased demand and stronger resale potential.

Want to learn more about how projects can affect your home’s value or buying decisions?
Text Tami at 210-620-6681 or follow @tamisellssanantonio for the latest real estate and community updates in Greater San Antonio.
Tami Price, Realtor® | Broker Associate | Real Broker, LLC