Arboretum to Undergo Extensive Renovations in 2027
The 200,000-square-foot shopping center plans to add new retail space and dining patios.
Updated on Oct. 28, 2026 in Home Renovation
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Asana Partners will begin construction on an extensive renovation of The Arboretum in Austin this spring. The project aims to modernize the center and improve its alignment with the surrounding Great Hills neighborhood.
Why it matters
The firm intends to attract new restaurant and retail tenants to the 200,000-square-foot property. These upgrades are designed to enhance the experience for the local community.
The renovation project includes the construction of a new 14,000-square-foot retail outparcel. The total site spans approximately 200,000 square feet.
The players
Asana Partners
This real estate investment firm focuses on the acquisition and management of retail properties across the United States.
Michael Hsu Office of Architecture
This Austin-based design firm is known for creating spaces that emphasize community connection and modern architectural aesthetics.
The Arboretum
This major retail destination serves as a primary commercial hub in the Northwest Austin area.
Jetset Pilates
This fitness studio chain provides specialized workout classes and recently established a presence at the center.
Peachy
This company is a retail and wellness brand that is planning to expand its footprint with a new location in the spring.
The details
Designed by the Michael Hsu Office of Architecture, the project will feature new dining patios, kids' play areas, upgraded paths, and updated signage. The site continues to evolve following the opening of Jetset Pilates in October 2026.
Timeline
Asana Partners purchased The Arboretum in early 2026.
Jetset Pilates opened at the location in early October 2026.
Construction is scheduled to begin in spring 2027.
Peachy is scheduled to open in spring 2027.
New tenants are expected to open by fall 2028.
Culture Shift
The renovation follows the post-pandemic retail center revitalization trend identified by the International Council of Shopping Centers by shifting toward experiential dining and public amenities. This shift reflects a move away from legacy retail models toward properties that function as neighborhood social hubs.
Residents can expect improved walking paths, updated play areas, and new dining patios within the Great Hills neighborhood. These changes may alter daily shopping routes and increase the availability of local retail and restaurant options.
The takeaway
Large-scale retail renovations often serve as a catalyst for local area revitalization. Residents should monitor future tenant announcements to understand how the property will evolve to meet local lifestyle needs.
What happens next
Construction and the opening of Peachy are scheduled to begin in spring 2027, with additional new tenant openings expected by fall 2028.
Further reading
Find more details on local improvements by visiting the Austin Home Renovation section.
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Do you believe renovations at local shopping centers generally make them better community spaces?
