Developer envisions master-planned community for Salado, north of Austin

Nov 10, 2014
Austin Business Journal

A proposed mixed-use development in the Village of Salado, about 50 miles north of Austin, could dramatically change the quaint hamlet that's been a haven for artists over the years




The Austin Business Journal has learned that Sanctuary Development, a company that has primarily built master-planned communities in North Carolina, plans to build The Sanctuary on 300 




acres near FM 2268 and I-35




The project as currently envisioned includes about 525 homes, 350 apartments, 400 hotel rooms, an outdoor music and entertainment venue, 65,000 square feet of offices and 345,000 square 




feet of retail and restaurants. The overall theme will be old European village meets Texas Hill Country style, company officials said




Sulaski says his intention is to build upon the charm that's already a major selling point of the town of 2,000, which boasts the Stagecoach Inn, one of the oldest continuously running 




hotels in Texas. Many painters, sculptors and potters have made Salado home and numerous shops cater to tourists and the creative class




The proposed development near Salado in Bell County will be an option for Williamson County residents seeking executive housing, Sulaski said. Civilians and officers at Fort Hood west of 




Killeen likely will be attracted to The Sanctuary, as well as employees in the burgeoning health care sector in Temple, he said




The sheer size of the development likely will change the face of Salado forever, but hopefully it will usher in more prosperity and viability in the area, Sulaski said




Given that The Sanctuary will be his first Texas development, Sulaski recruited Madison Inselmann, former regional director for Metrostudy, the research and consulting firm that tracks the 




homebuilding market around the country. Inselmann headed up the Austin region for Metrostudy for almost two years and now serves as director of development for The Sanctuary




The Sanctuary received a welcomed boost Nov. 4 when residents of Salado approved a $10.5 million bond measure to improve and increase the capacity of the local sewer system




Though Sulaski said the company would move forward no matter what the outcome, the recent voter approval likely will make the development, which is in Salado's extraterritorial 




jurisdiction, easier and probably more affordable




Pape-Dawson Engineers in Austin is handling the civil engineering. The architect is Cooper Johnson Smith Architects & Town Planners of Tampa, Florida, and the landscape architect is 




LaQuatra Bonci & Associates of Pittsburgh. R Entertainment Co. of Scottsdale, Ariz. has been retained to assist with the development of the music venue




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