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Weitzman breaks ground on Kroger-anchored center

Weitzman breaks ground on Kroger-anchored center

 

Diann Lewis, District Manager, Kroger; David Palmer, Weitzman; Bethany Blankmeyer, Human Resources Leader, Kroger; Frank Romero, Vice President – Merchandising, Kroger; Natalie Carpenter, Talent Acquisition Manager, C+R Architecture and Design; Councilmember Alan Blaylock, District 10, City of Fort Worth; Bob O’Brien, CEO, Ridgemont Commercial Construction

FORT WORTH— Weitzman and The Kroger Co. has broken ground on Bonds Ranch Marketplace, a community retail center located at the northeast corner of US-287 and Bonds Ranch Road in the fast-growing Northwest Fort Worth market.

The center, planned for completion in the fourth quarter of 2024, will be anchored by a 128,000-square-foot state-of-the-art Kroger Marketplace along with a Kroger fuel station. The store will be the tenth for Kroger in the City of Fort Worth.

In addition to the anchor, the center will feature 33,456 square feet of small-shop and freestanding retail space in multiple buildings designed for a neighborhood-focused mix of shops, dining, services, medical and beauty users.

All told, Bonds Ranch Marketplace will total approximately 161,500 square feet upon completion.

Weitzman is managing the development of Bonds Ranch Marketplace under the direction of David Palmer, executive vice president of development with Weitzman. Michelle Caplan and Gretchen Miller with Weitzman handled leasing for the center.

Kroger’s plans for the new Bonds Ranch store includes a Starbucks kiosk, Murray’s Cheese counter, full-service grocery, pharmacy and expanded general merchandise, which will include outdoor living products, toys, home goods, and more. The store will also feature a fuel center with 18 fueling positions and a kiosk offering grab-and-go beverages and snacks.

Bonds Ranch Marketplace is bringing a key retail destination to Northwest Fort Worth, one of the fastest-growing areas in Texas. With a three-mile radius of the center, the population reports five-year growth of 17.1 percent and now totals 63,452 residents in 20,677 households with an average household income of $131,580. With a five-mile radius of the center, the population reports five-year growth of 18.2 percent and now totals 202,673 residents in 65,583 households with an average household income of $128,576.

Bonds Ranch Marketplace represents the latest project Weitzman has worked on with Kroger. Others include the Kroger Marketplace-anchored Castle Hills Marketplace in Lewisville and the Kroger Signature-anchored centers Windhaven Plaza and Legacy Drive Village in Plano. Weitzman and Kroger also have worked together on several centers in the Houston market, the most recent being the Kroger Marketplace-anchored Woodshore Marketplace in Clute.