What's New Around West Lake Hills This Summer: Openings, Revamps, And The Regulars That Still Work

If you have lived on the Westbank for more than a few years, you already know the quiet truth about our retail life: it is not a scene, it is an errand loop. Bee Caves Road, Loop 360, and a handful of shopping centers where you know exactly which door to walk through. That loop is being rewritten this summer, and it is worth paying attention to what is replacing what.

The interesting story is not that a few new tenants are moving in. It is what kind of tenants. Davenport Village, the anchor at 360 and Westlake Drive, is repositioning around lifestyle services rather than more restaurants or a big-box refresh. Combined with a new bank branch, an incoming wine café on Capital of Texas Highway, and the same July 4 parade the city has run for decades, the summer is shaping up as a real shift in what the Westbank feels like on a Tuesday morning.

The Davenport Village Reset

Whitestone REIT announced a strategic plan to re-energize Davenport Village, and four new businesses have signed agreements to open in the revamped shopping center, including Starbucks Reserve, Pvolve, and RVE Fitness. Read the leasing mix carefully and you can see the thesis: this is not a food-court reboot.

Here is what is signed and roughly how much space each occupies:

• Starbucks Reserve, 3,274 sf. Not a standard Starbucks. These locations offer premium lines of coffee and interactive coffee experiences focusing on barista craft, and artwork by Austin-based artists will be showcased at the location, including hand-painted murals.
• Pvolve, 3,126 sf. A studio offering workout classes that feature low-impact fitness methods, combining functional movement with resistance equipment.
• RVE Fitness, 7,815 sf. Already open since Feb. 2023, this is the largest of the new footprints and includes a wellness center and gym, with yoga and Pilates classes, strength training equipment, massage therapy, nutrition counseling, and saunas and steam rooms.
• CUBExec, undisclosed square footage. Private executive suites and conference spaces, several of which will be available to rent by the first quarter of 2026.

Look at the composition. Two fitness concepts, a premium coffee bar, and a private-office suite operator, all clustered next to Maudie's and Salons by JC. The center sits at 3801 N. Capital of Texas Hwy near Davenport Ranch, Westlake Highlands, Rob Roy, and Barton Creek, and the additions are intended to meet the lifestyle needs of the large number of business professionals living in these upscale communities. Translation: the operator is betting that a Westbank resident's most valuable retail hour is 7 to 9 a.m., not 7 to 9 p.m.

That reading is confirmed by the newest addition. Central National Bank opened a second Austin location at Davenport Village on March 30, and hosted a ribbon cutting with the Westlake Chamber of Commerce on April 28. A bank branch is not glamorous, but it is a leading indicator. Whitestone is stitching together the daily-service infrastructure that keeps professionals inside the 78746 loop instead of driving downtown for the same errands.

Postino Comes To Capital Of Texas Highway

The dining side of the corridor is moving too, and slower than most residents expected. Postino has plans to open a Westlake location, per a permit from the Texas Department of Licensing and Regulation, serving appetizers, different types of bruschetta and charcuterie boards alongside plates, bowls, wine, cocktails, beers and refreshers, with work scheduled for completion by Jan. 1. The address on the permit: 701 S. Capital of Texas Hwy., Bldg. J.

Context matters here. Postino is the Arizona-based wine café that took a slow, deliberate path into Austin. Its second Austin location opened on August 4 at 1615 W. 35th St., right on time according to the original announcement in April 2024 that coincided with the opening of the chain's first Austin location on South Lamar Boulevard. Each opening has been about a year apart, and each has been placed in a neighborhood the operator believes has a specific personality. The choice to plant the third Austin location on the Westbank rather than in another close-in central neighborhood is worth reading as a vote on where the wine-and-shareables spend is moving.

For residents, the practical effect is a happy-hour option that is not another Italian dinner house or another burger patio. That is a genuinely new category on this stretch of 360.

The July 4 Parade Still Runs The Social Calendar

For all the retail movement, the single most attended event on the Westbank this summer is the one that has been running for decades. The Westlake Chamber's public calendar lists it plainly:

City of Westlake Hills 4th of July Parade.

If you moved here in the last three years, treat the parade as the neighborhood's actual town square. It is the one morning when the residential streets around city hall function like a downtown, and it is worth planning around even if you do not have children marching. The Chamber, based at 101 Westlake Drive, Ste 148, Austin, TX 78746, also runs a rolling calendar of Business After Hours events and Business Builder lunches through the summer, which is where you will actually meet the owners of the new tenants moving into Davenport Village.

The Regulars That Make The New Stuff Make Sense

New openings only matter if the existing bench is strong enough to support a real weekday routine. On the Westbank, it is, and the roster is more compact than most people realize. As of mid-2026, the everyday list residents actually use includes:

• Baldinucci Pizza Romana in the Village at Westlake for the Roman-style slice.
• Taqueria De Diez for weekday tacos and margaritas.
• Sway Thai for a sit-down dinner that does not require crossing 360.
• Maudie's Tex-Mex at Davenport Village, the anchor that survived every version of the center.
• A tucked-away pho counter inside the Village at Westlake that longtime residents have quietly rated among the best in Austin for years.

That is a short list, and it is the point. The Westbank has never traded on restaurant density the way South Congress or East Sixth do. It trades on a small number of dependable rooms that do the same thing well for a decade. The new tenants at Davenport Village are being layered on top of that bench, not asked to replace it.

What All Of This Adds Up To

Put the pieces together and a pattern emerges that most quarterly market updates will miss. The Westbank retail corridor is being rebuilt around a specific resident hour: the pre-9 a.m. and the between-meetings pocket. A Pilates studio, a coffee bar with a barista program, a co-working suite, a new bank branch, and a wine café with an open-to-5 happy hour are all serving the same person. They are serving the professional who works from home two or three days a week and wants to run a full daily routine without driving over the river.

That is a different retail thesis than the one Davenport Village was built on twenty years ago, and it is a different thesis than the one driving the Domain or East Sixth. It is quieter, less visible from the highway, and it is the reason the character of a Tuesday morning at 360 and Westlake Drive is going to feel measurably different by fall.

If you have owned a home here for more than a few years, the practical takeaway is simple. The daily-life amenity set inside the 78746 loop is expanding for the first time in a long while, and it is expanding toward the kind of services that tend to be sticky. Watch which of the new tenants have full parking lots by October. That is your read on whether the reset holds.

If you would like to talk through how these Westbank shifts are showing up in the specific pockets of West Lake Hills, Rollingwood, and the surrounding streets, Darsh Advisory Group is always happy to compare notes. Let's connect.