San Antonio Retail Construction Set to Hit Highest Level Since 2019

San Antonio’s commercial landscape is expanding in a big way. According to a midyear market report from Weitzman, the Alamo City is projected to add over 600,000 square feet of new retail space by the end of 2025—marking the busiest year for retail construction since 2019.

Driven by several large-scale developments, including the expansion of Live Oak Town Center, the city’s retail market is not just growing—it’s thriving.

🛍️ Over 600,000 Square Feet of New Retail Space in 2025

San Antonio is expected to deliver approximately 607,000 square feet of new and expanded retail space by the end of 2025. That’s a significant jump from the 423,000 square feet added in 2024, signaling renewed developer confidence and strong consumer demand.

A key contributor to this boom is the Live Oak Town Center expansion, which will include a 100,000-square-foot Dick’s House of Sport—a large-format concept store featuring experiential zones like climbing walls and multi-sport simulators.

This surge in construction reflects the city’s sustained economic and population growth, and its ability to support new commercial ventures without sacrificing stability.

📈 Retail Occupancy Rates Remain Strong Despite Expansion

You might expect a big bump in retail space to lead to a glut of empty storefronts—but San Antonio’s retail market is telling a different story.

Even with this uptick in construction, occupancy rates are projected to hold steady at 95.2%—a sign that supply and demand remain well balanced. The city has maintained retail occupancy above 90% for 15 consecutive years, making it one of the most resilient retail markets in Texas.

Weitzman’s report states that “San Antonio’s retail market currently reports a healthy balance of supply and demand, and the outlook for the remainder of 2025 expects that health to continue.”

🏬 What This Means for Local Business and Real Estate

With continued retail expansion and high occupancy, San Antonio is attracting both national retailers and local entrepreneurs looking to set up shop. This also creates new lifestyle opportunities for residents—with more shopping, dining, and entertainment options opening throughout the metro area.

For homebuyers and investors, this is another indicator of strong market fundamentals. High retail occupancy often correlates with neighborhood desirability, making nearby residential communities even more attractive.

📬 Brought to you by CallTheCavalryGroup.com — Keeping You Connected to San Antonio’s Growth, One Neighborhood at a Time.