Thursday, April 27, 2006

Lakeway growth parallels Bee Cave Growth

This from an American Statesman story about Lakeway growth... Read More

In the nearby Village of Bee Cave, Taylor Woodrow Inc., one of the world's largest home builders, announced plans for Falconhead West, a 375-acre development with homes to be built on bluffs and priced between the high $200,000s to the $900,000s.

Bee Cave, already home to a Target and Home Depot, also is adding retail development, including the Shops at the Galleria, a center with numerous big-box stores, including Lowe's Home Improvement Warehouse.

Across the street, work has started on the Hill Country Galleria, a 1-million-square-foot regional mall anchored by a Dillard's and a Barnes and Noble. Scheduled to open in the summer of 2007, the project will include apartments, offices, townhomes and a movie theater.

E. H. "Bubba" Breazeale, a real estate agent with Turnquist Partners Realtors Inc. who has lived in Lakeway for 30 years, predicts even more commercial growth is destined to come along RM 620. Once a country road, it's now a five-lane corridor traveled by more than 23,000 cars a day.

"They seem to be developing every nook and cranny," Breazeale said. "I doubt many people thought it would grow this much."

No comments: