The City of Brownwood and TABAT Properties LTC jointly announced on Friday that five new national retail tenants will be opening in Brownwood in 2026.
The new Shops on Commerce development will be located at 537 W. Commerce featuring these new retail options, and site work has already begun to make way for this new project.
“This center will bring new shopping options to Brownwood including Ross, Ulta Beauty, Five Below, Bath & Body Works and James Avery,” said Brownwood Mayor Stephen Haynes. “We are thrilled to work with TABAT Properties on this project and help bring these additional retailers to Brownwood.”
The Shops on Commerce retail development will include more than 41,000 square feet of new retail space, and it will represent a capital investment of around $9 million. Mayor Haynes said this will be the largest multi-tenant retail development to be built in Brownwood in several decades. The new center is scheduled to be completed in the first quarter of 2026.
This announcement will add to Brownwood’s growing slate of national developments that have opened in the last few years or are under development including TJ Maxx, Shoe Department Encore, Home2 Suites, Panda Express, 7 Brew Coffee, Tropical Smoothie Cafe, Boot Barn, Chick-fil-A and many others.
Ted Hutto, of TABAT Properties LTC says they are excited to bring this new retail development to Brownwood.
“Brownwood is an untapped gem and has so much more potential for growth,” Hutto said. “Our decision to develop here was influenced by Brownwood’s leadership, strategic location, strong economy and especially the City’s business friendly approach to growth and development.”
TABAT Properties LTC also recently redeveloped the building located at 302 N. Main Street called Plaza on Main which is the new home of Shoe Department Encore.
The City of Brownwood has seen a rapid increase in development in the last few years bringing a 44% increase in sales tax revenue in the last decade. The Mayor said that 2024 marked a new all-time record for construction projects valued at over $47 million in a single year.
“Growth spurs on more growth,” said Mayor Haynes. “Just as recent successes in retail growth helped us to recruit these new businesses to Brownwood, we anticipate that trend will continue.”