Houston-based developers have acquired 458 acres in one of Austin’s fast-growing suburbs for a planned mixed-use development they said could have an assessed value of as much as $1 billion when complete. Foxgate Capital and Cole Klein Builders formed Eastwood Ventures LLC to acquire the property in Manor and are beginning talks with homebuilders. Preliminary plans call for more than 1,300 residential lots and 97 acres of commercial and retail development.
Full article here: Houston developers map $1B Manor expansion
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