A major tenant is moving out of the Lakeside Village Shopping Center at the southwest corner of Central Expressway and Walnut Hill. Performance Bicycle will close when its lease expires at the end of August.

The shopping center is adjacent to the future site of Preston Hollow Village, a mixed-use development that will be anchored by Trader Joe’s by 2014. The developers are touting it as a walkable “urban village” unlike any other retail center in our neighborhood.

Cory McCord is the leasing director at Retail Plazas, Inc., which owns Lakeside Village. He says he is working with several potential tenants to replace Performance Bicycle – from retailers to medical facilities – but, nothing can be announced yet.

The 8,000 square-foot store is the largest contiguous space in Lakeside Village but doesn’t necessarily generate the most traffic.

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