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RREAF Communities Announces Master Planned Community Between Austin and San Antonio

Feature Illustration: A map for the mixed use development that will encompass 3,173-acres in Caldwell County. Image: RREAF Holdings.

Posted: 5-5-2022

Fentress (Caldwell County)RREAF Communities, a division of RREAF Holdings focused on acquiring, developing and delivering highly-amenitized, large-scale master-planned communities, had announced the closing on a 3,173-acre mixed-use development between Austin and San Antonio in Caldwell County.

“RREAF Communities’ master plan proposes a wide variety of land uses,” said Kip Sowden, chairman and CEO of RREAF Holdings. “Our current plans build on the exciting economic momentum in Texas. We have seen tremendous interest in commercial opportunities, and this property is ideally situated to become a commercial and industrial hub.”

The community is anticipated to include thousands of residential homes, abundant retail, restaurants, hotels, offices, healthcare and light industrial sites, as well as future school sites.

Aerial view of the project site. Image: RREAF Holdings.

The property is located at the intersection of State Highways 130 and State Highway 80, a 30-minute commute to Austin and 40-minute commute to San Antonio. Its location offers convenient access to two major Texas markets.

“Being within a reasonable commute to the exploding job markets of Austin and San Antonio, as well as the vibrant cities of San Marcos and Lockhart, puts us in perfect position to deliver much needed inventory to a market area that is significantly constrained on future housing,” said Shannon Livingston, president of RREAF Communities. “Without new communities like this in the pipeline, area residents will continue to struggle to find and afford a place to live.”

According to a news release, by providing single family lots along with build-to-rent, townhomes, and multifamily properties, RREAF Communities plans to meet the needs of a growing population of people coming to this area for decades to come.

The development will offer a surplus of amenities including hiking and biking trails, outdoor event pavilions, athletic fields, and fitness centers for a live, work and play environment in order to be one of the most thoughtful and intentional communities in Central Texas.

Edited from press release.

VBX Project ID: 2022-3556


art@virtualbx.com

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By |2022-05-05T09:10:32-05:00May 5th, 2022|Construction Preview, Feature Story|

About the Author:

Art Benavidez (Construction News Reporter, Central Texas) is a seasoned journalist with over 15-years of experience in writing breaking news and in-depth features at the local level. He honed his research and reporting skills in newspapers and magazines throughout South and West Texas along with expertise in crafting digital content as Managing Editor of New Image Marketing Research Corporation. Benevidez is a Texas native and graduate of UT-RGV.

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