Brewer Development bought a 28,000 square-foot tract of vacant land at the southwest corner of Coit and Belt Line, and guess who’s moving in? Chipotle and Starbucks. Construction will begin within the next 30 days, and the stores are scheduled to open by this summer.
That means the Starbucks in Dal Rich Village will close. It’s essentially relocating, says UCR Realty’s Darrell Hernandez who represented Starbucks and Chipotle in the sale. Although it’s just across the street, Starbucks saw a much greater value in southwest corner.
“It’s more about getting on the right side of the road to catch that southbound morning traffic,” Hernandez says.
Unlike the current store (which is more than 10 years old), Starbucks also will be able to install a drive-thru and have a larger patio at the new location.
In early November, Whole Foods announced plans to relocate its anchor store in Dal Rich to a larger and more desirable Addison location.
“This is completely unrelated to Whole Foods moving out,” Hernandez says about Starbucks’ decision to leave.
Ian Pierce, spokesman for The Weitzman Group, which owns Dal Rich, says that the space is right on the street and highly visible, so it shouldn’t be difficult to find another tenant. Plus, the center has other destinations that draw traffic such as Jason’s Deli, McDonald’s, the UPS store and salons.
“There’s a lot of reasons people go to Dal Rich other than Starbucks,” he says.
Look for more on the future of Dal Rich in our January issue, coming out in the next couple of weeks.