Newman, Trube Plan $120M MXD Off New Tollway

LOCKHART, TX-A new freeway section may bring 1.7 million square feet of retail, industrial and residential to this city, as part of the new Centerpoint at Lockhart project. Local developers John Trube and J.P. Newman look to build a $120 million project in multiple phases along the new State Highway 130, which should open to the public in 2012.

The developers said that they’ve purchased 271 acres at the four corners of the intersection of 130 and State Highway 142, which is also known as West Main Street. The property was annexed by the city of Lockhart, which has pledged to provide utilities to the site. Zoning and entitlements have been secured for about 750,000 square feet of retail (including a hotel), one million square feet of industrial and flex facilities and 500 single-family and multifamily housing units.