Austin Real Estate Scene

10 Year Project Unveiled for Southwest Austin

October 17, 2006 · 1 Comment

We found out that with preliminary approval from the Austin Zoning and Platting Commission in hand, developers are moving ahead with plans for a 1,020-acre upscale housing development near Texas 45 Southwest and Escarpment Blvd. The development will be built in phases.

At build-out, some ten years down the road, the $200 million project known as Avana could include nearly 800 homes, a 250-room resort hotel with 140 condominiums, 24 single-family villas and an 18-hole golf course.

Homes will be built by builders Toll Brothers Inc., Newmark Homes LP, Rossi Homes Inc. and Mercedes Homes Inc. Prices will range from the $300,000s into the millions.

This area is really growing and there’s lots of development going on down there now. If you haven’t been down there in a awhile go check it out and you’ll be suprised at all the growth. I think the SW area of Austin is going to have solid appreication over the next 5 years.


Categories: Austin Housing · Business Growth · Buying · Infrastucture · Market Update · Resources · Transportation

1 response so far ↓

  • austinclifton // January 28, 2009 at 9:36 pm |

    Building in this area is a bad idea, especially for the environment. Being a sensitive recharge zone for the Edwards Aquifer, the runoff can easily start polluting Barton Springs. Tell the City Council to deny this development!

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