Early next week, the company plans to reveal the latest anchor's name, another department store retailer, for The Shops at La Cantera, a source has confirmed to GlobeSt.com. The 160-acre retail project's start and completion has shifted since its original announcement. The retail center, planned for the intersection of Interstate 10 west and Loop 1604, won't be delivering until 2004, according to the source. The project, announced last year, had carried an early 2001 start and late 2002 completion. The inside source says the pre-development phase has taken longer than Rouse had anticipated.

The northwest San Antonio retail center is ticketed for five anchors and 150 specialty stores, restaurants and a state-of-the-art theater. Nordstrom's, Dillard's and Foley's already have committed to lead spots.

The Shops at La Cantera will share the region's retail limelight with another Rouse property, the North Star Mall. The La Cantera project is expected to generate more than 1,000 jobs during construction and 2,000 permanent jobs once it opens. The mixed-use La Cantera development also is home to Six Flags Fiesta Texas, Westin's La Cantera Resort, Mira Vista luxury apartments and an Arnold Palmer golf course and design company.

The Columbia, MD-based Rouse partner is an affiliate of the 77-year-old USAA of San Antonio, better known for its insurance and financial services to US military families. USAA owns or manages more than $56.8 billion in assets. Rouse's Texas holdings also include the 1.1-million sf Collin Creek Mall near Dallas, 1.1-million sf Highland Mall in Austin and 938,000-sf Hulen Mall in Ft. Worth.

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