The 1,736-acre development, known as The Ridge, was recently acquired by Wilson Capital from Walton Global, according to commercial real estate firm Newmark, which brokered the transaction.<\/p>\n
Located near Niederwald, east of Kyle, the community will eventually include more than 6,200 single-family homes, a 13-acre amenity center and roughly 60 acres set aside for future commercial and multifamily development. The project sits near State Highway 21 and State Highway 130, providing access to Austin-Bergstrom International Airport, downtown Austin, Tesla’s Gigafactory Texas and the growing manufacturing corridor in eastern Travis County.<\/p>\n
Designed to accommodate the area’s continued population growth, plans also call for 119 acres of parks and open space, including nature trails, a community hall and a fishing camp. Another 57 acres have been reserved for future schools within Hays CISD, including sites for an elementary, middle and high school.<\/p>\n
Chron recently reported<\/a> on plans for Lockhart Manor, a 1,500-acre community expected to bring roughly 4,000 homes near Kyle, as well as another proposed development that could add nearly 3,000 homes in Hays County. Austin Point<\/a>, another major Texas master-planned community, is also moving forward with thousands of homes in Fort Bend County, underscoring continued demand for large-scale residential developments across the state.<\/p>\n “The Ridge will be a defining master-planned community for Central Texas,” Steven Boice, a vice chairman at Newmark, said in a statement. “Its thoughtful layout will meet the needs of homebuilders, retailers and residents for years to come.”<\/p>\n Construction is expected to begin later this year.<\/p>\n","protected":false},"excerpt":{"rendered":"The 1,736-acre development, known as The Ridge, was recently acquired by Wilson Capital from Walton Global, according to…\n","protected":false},"author":2,"featured_media":378576,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,1836,1704,85744],"class_list":["post-378575","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news","tag-chronnews","tag-chronstaff","tag-chrontexas"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/378575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=378575"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/378575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/378576"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=378575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=378575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=378575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}