Bee Cave mall set for $16M renovation

H&M apparel store leads Hill Country Galleria makeover in the coming year

Bee Cave mall set for $16M renovationAbout a year ago, the Hill Country Galleria, 12700 Hill Country Blvd., Bee Cave, changed hands, sold for an undisclosed amount from the partnership group that brought the retail center out of bankruptcy to a California teachers retirement system.

With an infusion of $16 million in renovations and the addition of Swedish-based apparel company H&M, investment management firm INVESCO—representing owner California State Teachers Retirement System—is banking on further success for the local outdoor shopping mall.

“This opportunity, when it came up last year, we all saw as an opportunity that doesn’t come along too often,” INVESCO Real Estate Director David Bass said. “[It is the opportunity] to take a property in the heart of one of the strongest demographics in the country that had many, many things going right for it [and] kick it up to another level.”

Read more


A 108-suite Residence Inn at 600 W. Hwy. 290 is scheduled to open in October 2016.

Residence Inn Austin Southwest will operate as a Marriott franchise, owned and managed by Pathfinder Development, according to a Nov. 11 news release.

Designed for extended stays, Residence Inn Austin Southwest will feature a fitness center, an outdoor resort-style pool, a fire pit and an outdoor grill for guests to use. The hotel will also include more than 1,000 square feet of meeting space. Developers adjusted designs for the building and parking lot to save as many of the mature trees on the property as possible, said Chirag Patel, owner and managing director of Pathfinder Development.

Read more