August 2, 2006 THE TRIANGLE BREAKS GROUND ON MOST SIGNIFICANT RETAIL PHASE AUSTIN—Cencor Urban has a vision for The Triangle, and it is this: a community of retailers and restaurants that reflect the attitude of Austin, sprinkled with concepts that offer Austinites innovative retailers and restaurants from around the state of Texas. That vision is on its way to becoming reality. On August 2, Cencor Urban broke ground on the most significant retail component of The Triangle. The Triangle is located between Lamar Boulevard and Guadalupe Street, just north of 45th Street at the northern edge of the burgeoning Uptown area of Austin. The groundbreaking was the official start to 90,000 square feet of small-tenant retail at The Triangle, a mixed-use project that will ultimately have 750 apartments and 120,000 square feet of retail space. Tom Terkel, president of Cencor Urban, said The Triangle is designed to be a true neighborhood gathering place. “We’re looking for the type of retailers that understand Austin and offer something unique, not a cookie-cutter approach. Our leasing program is even reaching out to entrepreneurs who have a dream of running a store. These people can bring unusual approaches and new ideas to Austin. All of the retail will be complemented by the mix of uses at The Triangle, as well as Triangle  Park.” The Triangle’s new retail, when it opens in fall 2007, will bring to North Central Austin and the Uptown area concepts with a true Austin philosophy. These include: ·         Flipnotics, billed as “Austin’s home of hot coffee, cool threads and live music since 1992.” Flipnotics has a landmark location on Barton Springs Road; ·         Galaxy Café, a restaurant that combines high-quality homemade food with convenience and moderate pricing. Galaxy Café also operates a location on Brodie Lane; ·         Dragon Gate by Phoenix, an Austin-based restaurant concept that offers a wide range of Asian food, including sushi, which the Austin Chronicle called “flawless”; ·         Tino’s Greek Café, a Mediterranean restaurant that also operates a location in Northwest Austin. Of Tino’s, the Austin Chronicle said, “The concept is genius.”; ·         Flying Saucer, a Dallas-based restaurant known for having “the best beer and the wurst (sic) food” in town. The self-style draught emporium “has such a funky operation, it needs to be in Austin,” Terkel said. Flying Saucer is becoming famous for its Glass Trader Club, which allows members to buy, sell and trade commemorative Flying Saucer beer glasses. The Triangle retailer already making waves in Austin is Mandola’s Italian Market, which opened its first location ever in The Triangle earlier this year. Mandola’s Italian Market offers Italian specialty foods, a variety of Italian wines and a trattoria specializing in rustic Italian dishes. The market is the brainchild of Damian Mandola, a founding partner of Carrabba’s Italian Grill and the host of popular PBS cooking show. In 1986, Mandola founded Carrabba’s with his nephew, Johnny Carrabba, after running several popular eateries. The Triangle, a project by Cencor Urban (retail) and Simmons Vedder (apartments), is bordered by Lamar, Guadalupe and 45th Streets, in the heart of the Uptown area of Austin. The retail space in the new urbanism project is leased by The Weitzman Group; Weitzman’s Andrew Scroggie and  Ryder Jeanes handle leasing.  The Triangle’s architecture combines varied storefronts and colors of brick and materials to create a “main street” environment, which further lends the Uptown project a sense of place. Cencor Urban is a division of Cencor Realty Services that specializes in urban mixed-use projects.