Emory Peak Retail, an 11,000-square-foot shopping center at 2127 West Loop 1604 South on San Antonio’s Far Westside, is moving forward with about $2.5 million in investor backing for its third phase. Led by The Milestone Companies, the phase will accommodate up to eight tenants, with construction set to begin in summer 2026 and completion expected by June 2027.
Permits and design
A filing with the Texas Department of Licensing and Regulation names Dallenbach Cole Architecture as the designer and connects the Emory Peak branding to earlier phases on the property. The public record lays out the permitting history and previous construction activity tied to the site.
Money and timeline
The upcoming phase of Emory Peak Retail is expected to cover about 11,000 square feet with a budget of around $2.5 million, with construction set to start in summer 2026 and finish by June 2027. Isaac Malca of The Milestone Companies said, "The retail center is conveniently located so that it can be accessed from the exit ramp of Highway 1604," and noted the team is in talks with two potential tenants, as reported by MySA.
Tenants and what's already there
The developer’s listing on The Milestone Companies website shows earlier Emory Peak phases already house businesses such as Action Behavior Center, Domino’s, Emory Dentistry Group and Jackpot Barber Shop. Marketing materials include a rendering of a contemporary plaza and highlight remaining inline spaces along with a possible drive-thru endcap, hinting at how the new phase could plug into the existing mix.
Loop 1604 corridor momentum
The push to expand Emory Peak comes as investors and national operators continue to stake out sites along Loop 1604, a trend noted in regional real estate coverage. The Houston Chronicle’s reporting on recent retail transactions in the area underscores why developers are targeting the corridor for new neighborhood shopping centers and treating it as a safe bet for more small-format retail.
Leasing and market signals
Commercial listings tied to Emory Peak’s existing buildings show a range of available spaces, from roughly 1,600 square feet up to in-line blocks near 12,000 square feet, with some units previously marketed with drive-thru potential and triple-net lease structures. Those details, combined with steady traffic counts along Loop 1604, are likely to influence the tenant lineup for the 11,000-square-foot phase now in the works.
Milestone reports about 3,223 households within a five-mile radius of the site and points to recent housing growth west of the center as a key support for both daytime and evening visits. As noted by MySA, the developer has declined to identify the two tenants currently in negotiation but expects to announce leases as agreements are finalized.
