Southlake Town Square
A mixed-use shopping and civic precinct in Southlake, Texas, centered on the city's Town Hall.
Last updated August 25, 2026
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Overview
Southlake Town Square is a mixed-use shopping and civic district in Southlake, Texas. Rather than functioning solely as an enclosed shopping mall, it was planned as an upscale downtown for the city, combining public institutions, landscaped open space, retail, restaurants, offices, residences, medical facilities, and hospitality uses. The precinct is organized around Southlake Town Hall and includes the Southlake Municipal Court, the Southlake Public Library, the Southlake Department of Public Safety headquarters, three parks, and a network of retail streets and public spaces. Planning for the development began during the 1990s, when Southlake sought to convert open pastureland into a recognizable civic and commercial center. After the city council approved the plans, Cooper & Stebbins began work on the first phase of the master plan. Phase I included approximately 250,000 square feet of development, incorporating Town Hall, the public library, a landscaped signature square, Rustin Park with a gazebo and pond, four blocks of shops with offices above them, and the area's only post office. This combination of municipal infrastructure and private development established the town-square concept that distinguishes the project from a conventional regional mall. The second phase opened in 2006, expanding the district's retail and mixed-use footprint. Subsequent development added additional commercial and office capacity. In 2015, Granite Properties received approval to construct a seven-story office building east of North Carroll Boulevard, reflecting the area's evolution from a primarily retail destination into a broader employment and mixed-use center. The district contains more than 100 stores and approximately 27 eateries, alongside residential properties, medical offices, office space, parks, and a Hilton luxury boutique hotel. Its tenant mix and public setting position it as both a local downtown and a destination for higher-end shopping, dining, civic activity, and community gatherings. The precinct is owned and managed by Kite Realty Group. Southlake Town Square also became part of the broader evolution of department-store retail. In 2020, Macy's selected the site for the first Market by Macy's location, a smaller-format concept intended to offer a curated Macy's assortment in a more compact setting. On January 9, 2025, Macy's announced that this store would close as part of a nationwide plan involving 66 store closures, with the Southlake location scheduled to shut in March 2025. The closure represents a change in the tenant roster rather than the end of Southlake Town Square, which remains an active mixed-use district.
History
Southlake Town Square emerged from Southlake's effort in the 1990s to create a civic and commercial downtown from previously undeveloped pastureland. The concept was intended to give the growing Texas city a central gathering place rather than simply adding another isolated retail center. Following approval of the development plans by the Southlake City Council, Cooper & Stebbins undertook the first phase of the master-planned project. The initial phase combined public and private uses. It included approximately 250,000 square feet of development, Southlake Town Hall, the City of Southlake Public Library, a landscaped signature square, Rustin Park with a gazebo and pond, four blocks of retail space with offices above, and the area's only post office. The arrangement established the project's defining character: a traditional town-square setting supported by contemporary retail and office development, with civic facilities placed at the center. Phase II opened in 2006 and expanded the commercial district. Over time, Southlake Town Square developed into a larger mixed-use precinct containing more than 100 stores, about 27 eateries, three parks, residential properties, medical offices, and hotel accommodation. The development also incorporated the Southlake Municipal Court and Southlake Department of Public Safety headquarters, reinforcing its role as a civic center as well as a retail destination. The office component grew further during the 2010s. In 2015, Granite Properties received approval to build a seven-story office building east of North Carroll Boulevard. This proposal reflected the continuing diversification of the district beyond shopping and dining, adding employment-oriented space to the existing civic, residential, and commercial mix. Retail branding at the center received national attention in 2020 when Macy's chose Southlake Town Square for the first Market by Macy's store. The smaller-format concept was designed for a curated retail environment and demonstrated the site's suitability for new department-store formats. In January 2025, Macy's announced that the location would close in March as part of a broader plan to shut 66 stores nationwide. The planned closure changed one element of the tenant mix but did not eliminate the broader town-square development, which continues to operate as a mixed-use shopping and civic district owned and managed by Kite Realty Group.
- 2025
Market by Macy's closure announced
[1]Macy's announced that the Southlake location would close in March 2025 as part of a nationwide 66-store closure plan.
- 2020
First Market by Macy's location opens
[1]Macy's selected Southlake Town Square for the first store under its Market by Macy's smaller-format concept.
- 2015
Seven-story office development approved
[1]Granite Properties received approval for a seven-story office building east of North Carroll Boulevard.
- 2006
Phase II opens
[1]Cooper & Stebbins opened the second phase of the Southlake Town Square master plan, expanding the mixed-use district.
- 1990
Downtown development planning begins
[1]Southlake began planning an upscale civic and commercial downtown on open pastureland during the 1990s.
Products and positioning
An upscale, walkable mixed-use downtown destination that integrates civic institutions, open-air retail, dining, offices, residences, hospitality, and landscaped public spaces.
Retail destination
Open-air retail district
Southlake Town Square provides an open-air retail environment arranged around landscaped streets and civic spaces. Its tenant base has included more than 100 stores spanning fashion, beauty, home, lifestyle, and specialty retail categories. The district is designed to support browsing, dining, and civic activity in a walkable town-square setting rather than in a single enclosed mall building.
Food and beverage
Dining and food venues
The precinct includes approximately 27 eateries, creating a substantial food-and-beverage component alongside its retail offer. Restaurants and other dining venues serve local residents, office workers, visitors, and shoppers, helping the development function as a broader social destination throughout the day and evening.
Civic and community facilities
Civic and public-space facilities
Town Hall, the municipal court, the public library, the Department of Public Safety headquarters, the signature square, and three parks form the civic framework of the development. Rustin Park, including its gazebo and pond, contributes landscaped recreational space and reinforces the project's role as a community gathering place.
Mixed-use real estate
Mixed-use offices, residences, medical offices, and hotel
Beyond shopping, Southlake Town Square contains single-family residential uses, offices, medical offices, and a Hilton luxury boutique hotel. These components extend activity beyond conventional retail hours and support the precinct's positioning as an integrated downtown environment.
Department-store retail · 2020
Market by Macy's
Market by Macy's was a smaller-format Macy's concept selected for Southlake Town Square in 2020. The store offered a more curated version of the department-store proposition in a compact setting. Macy's announced in January 2025 that the location would close in March 2025 as part of a broader national store-closure program.
Brand decisions
2025
Macy's announces closure of the Southlake locationStrategyBackground
Macy's announced a nationwide plan to close 66 stores as part of a broader adjustment to its physical-store portfolio.
Action taken
The company scheduled the Market by Macy's store at Southlake Town Square for closure in March 2025.
Aftermath
The closure removed a prominent department-store tenant from the center while the wider mixed-use precinct continued operating.
2020
Market by Macy's selected for its first locationProduct launchBackground
Macy's was developing a smaller-format retail concept intended to present a curated assortment outside its traditional full-line department stores.
Action taken
The company opened the first Market by Macy's store at Southlake Town Square.
Aftermath
The location became part of the precinct's retail offer, but Macy's later announced that it would close the store in March 2025 during a nationwide reduction of its store base.
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