Residential, commercial building booming on 620

Jan 15, 2015
Impact News

Road to add new residents, businesses in 2015


With plans in the works for major projects in Bee Cave, Lakeway, Hudson Bend and Four Points, a wave of new construction along the RR 620 corridor during 2014 points to continued growth for 


the region in the coming year


Lakeway


Construction on the city’s largest project, the 175,000-square-foot Oaks at Lakeway, began in late 2014 but took two years to plan, said Jon Andrus, a partner at Stratus Properties, the 


project’s developer


The 90-acre development is expected to be a “true neighborhood retail center” driven by anchor H-E-B that is anticipated to open Oct. 30, he said


The store will be an upscale model, he said


The Lakeway Visitors Commission is also considering the tract for a possible arts and/or conference center, Commissioner Gary Shoemaker said


The 65-acre Lakeway Medical Village is under construction, with its Goddard School—a preschool and after-school care program—expected to be up and running in April, school owner Raul 


Alvarez said. Alvarez and wife Isa broke ground Oct. 24 on the school site



Hudson Bend


Residential development in the traditionally moderately priced Hudson Bend area gained ground in 2014 with four communities slated for construction in the city of Austin’s extraterritorial 


jurisdiction, or ETJ, off RR 620. The neighborhoods are all zoned to Lake Travis ISD, a factor developers said influenced their decision to proceed in the area that abuts Mansfield Dam


Lakeside Villas is slated to have its 32 duplex units completed in 2015, said developer Rob Swett. Each unit will have about 400 square feet of outdoor space and an elevator, with the 


project’s driveway located on Mansfield Dam Road, he said


A 71-homesite development—Vistas of McCormick Mountain—had been on hold for seven years following the area’s economic downturn, said developer Mike Wilson of McCormick Hilltop Investment 


Partners. However, the project was greenlighted in 2014, he said



Four Points


Reaching east of Lake Travis, developers are adding more commercial and residential projects on RR 620


Taylor Morrison broke ground Oct. 6 on its final Steiner Ranch neighborhood—the 84-homesite The Grove at Steiner Ranch, Vice President Adib Khoury said. It adjoins a tract slated for TR 


Vista’s custom home community


Shopping center High Pointe Village is being offered for lease and purchase, said owner Nancy Bui of the planned 70,000- to 80,000-square-foot commercial development. However, further 


progress on the project may wait until the Texas Department of Transportation completes a study for a bypass roadway to cut through the tract and make access easier, she said


Four Points received two major medical facilities along RR 620 in 2014—the Austin Diagnostic Clinic and the Austin Regional Clinic



Bee Cave


During the past year the city of Bee Cave paved the way for additional development on RR 620


In March, developer Adrian Overstreet led a groundbreaking ceremony for the city’s first major hotel—Sonesta Bee Cave in the Hill Country Galleria. The 195-room hotel is slated to open in 


June and feature a rooftop bar overlooking the Hill Country, Overstreet said


“The rooftop bar transformed from being considered an accessory amenity at the beginning of the project, in my mind, into what amounts to the crowning jewel of the entire project,” said 


Steve Edmiston, associate principal at DCI Engineers


Sister projects Terrace at Bee Cave and The Backyard at Bee Cave were approved Dec. 10 to add entertainment venues, movie and television production studios, office buildings, dining, 


parking garages, residences and hotels to the planned development districts located just off RR 620


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