A $150 million project is expected to bring thousands of new rooftops and other development to the Spicewood area over the next 15 to 20 years — one of the largest master-planned communities proposed in recent years for a growing part of Central Texas.
The 2,200-acre Thomas Ranch development is planned for 2,200 acres off Texas 71 and Paleface Ranch Road, on property that straddles parts of western Travis and eastern Burnet counties. The Travis County Commissioners Court on Tuesday approved plans for developing the community. The project will also require approvals from Burnet County.
The project will surround extensive shoreline along the Pedernales River and will have access to Lake Travis and nearby creeks and streams, said Tom D’Alesandro of Illinois-based Blakefield LLC, the project’s lead developer… Read more from MyStatesman.com