Georgetown continues to be one of the fastest-growing cities in the Austin area and the nation, with an estimated population of 70,685 as of mid-2017, a 5.4 increase year-over-year. To accommodate the increase in residents, the city of Georgetown is increasing its housing inventory. In fact, the Georgetown City Council recently approved zoning for two new developments. What can you expect to see in the coming years? Here’s a look at Georgetown’s two new housing developments:
Berry Creek Highlands is a 314-acre mixed-use community with plans to have around 1,500 residential units. Located on a massive site on the west side of State Highway 195 near the Sun City neighborhood, the developer is planning for the following: 211 acres of single-family residential development, 46 acres for multifamily residential use, including about 16 acres of higher-density multifamily development along SH 195 and 15 acres for commercial use. According to city zoning, the development could also include a new fire station, public parks and the site for a Jarrell Independent School District elementary school.
The second project, located on a bend in the Wolf Creek Ranch Parkway just north of the Wolf Ranch Town Center and west of I-35, was rezoned by the Georgetown City Council for a high-density multifamily residential development. The 13-acre development allows for 24 units per acre. However, the developer thinks the density may be closer to 18 to 20 units per acre, which would total 250 units.
Are you interested in one of these new housing developments? We would be happy to provide additional details. Thinking you want to move sooner? We can help. As longtime residents of the area, we have the knowledge and expertise of the local real estate market to guide and advise your home search. Give us a call today to get started!