Walmart Boosts Drone Deliveries in Effort to Speed Up Orders
Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.
The world's largest retailer will start offering drone service at 100 stores across Charlotte, North Carolina; Tampa, Florida; Atlanta; Houston and Orlando, building on existing operations in northwest Arkansas and Dallas-Fort Worth. Walmart said it's the first retailer to scale drone delivery in five states.
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Spanning six blocks, it's home to roughly 800 apartments, 152,000 square feet of offices and 115,000 square feet of retail space. Jake Newman, principal at Endeavor Real Estate Group, said Morado will have a transformative effect on West Berry Street, turning it into the gateway to TCU's campus. Newman is leading the project; prior to joining Endeavor in late 2023, he spent 21 years at American Campus Communities, the private developer building on-campus housing at TCU. Once construction is complete, Morado will be managed by American Campus Communities. Both developers' projects will be supported by $500 million in outside investment that TCU garnered for student housing. Newman said Morado will consist primarily of three-bedroom units, though floor plans ranging from studio to five-bedroom units will also be available. Residents will rent each bedroom individually, instead of one student signing a lease for an entire apartment and finding roommates. 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Interest in retail space has been high, and Newman expects the majority of tenants will be food and beverage focused. 'We want to put retailers in there that the community wants to come and have a cup of coffee, or have dinner or maybe shop and just really upgrade the whole area is what our goal is,' Newman said. Available commercial space includes a spot for a freestanding restaurant with a large patio, over 13,000 square feet of retail space along West Berry Street and over 5,000 square feet of retail off Cockrell Avenue, behind the TCU campus store. Morado's parking garage will have 175 spaces for retail customers. Endeavor hopes to open storefronts at the same time as the building in 2027. Endeavor's project includes adding a new traffic light at the intersection of West Berry Street and Greene Avenue. The light will slow traffic and allow for better pedestrian mobility. It will also funnel walkers heading to TCU's campus through the retail portion of Endeavor's development. Newman said Endeavor wants Morado to emulate the greenspace design of Austin's mixed-use Music Lane development along South Congress Avenue, an 'urban oasis' of diverse boutiques, restaurants and hotels. Music Lane serves as a gateway between downtown and the popular South Congress district. 'Really great public spaces that give you a respite from the road,' Newman said. Morado on Berry is just the beginning. 'It'll be transformational, because this is our first phase,' Newman said. 'There's more phases to the east that we're looking at as well.' Endeavor's marketing materials for the project show a possible 'Morado District on Berry,' which would include an additional phase of development. A map of the 'future phase' shows at least three new buildings next door to Molly Reid Hall (formerly the Grandmarc at Westberry Place), on two blocks where Kings Liquor, the TCU police department and Kubes Jewelers are currently located. The proposed structures are laid out similarly to the parking garage, mixed-use housing facility and academic building TCU envisioned on the property in its master plan, an outline for future campus development released in August. But the pathway to development isn't yet clear. The roughly 0.31-acre jewelry store property at 2700 W. Berry St. is owned by Kubes Family Partnership LTD, according to county records. TCU owns the property the liquor store and police department sit on. The police department will relocate to a facility in a 950-space parking garage being built on the east side of campus. The project is expected to be complete by spring 2027. Newman said it's too early to discuss a second phase of development. He added that Endeavor has the capacity to work on two projects at once and is working with TCU to determine a timeline for additional projects. TCU still needs to give the green light for any additional development to move forward. 'We're just looking to really create this sense of arrival for TCU at the southern edge that really energizes the overall campus and really helps TCU get to where they want to be as a university,' Newman said.
