Trace marks San MarcosTrace marks San Marcoshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=109342015-10-28T05:00:00Z2015-10-28T16:00:00Z

​​​​SAN MARCOS - ​City officials hope Trace, a development near Posey Rd. and I-35 in San Marcos, could help address the city's need for single-family residences.

City Council approved the 417.63-acre development on Oct. 20.

Trace will feature a mix of single-family and multifamily residences, commercial space, parks and trails.

According to the development's master plan, Trace is "intended to serve as a quality commercial, business and residential community where people may live and enjoy enhanced amenities commensurate within a master-planned community."

Highpoint Communities is the developer of the project.

About 237 acres of the development will be reserved for single-family homes, and 35.4 acres will go to multifamily apartments.

Rent-by-the-bedroom leases — a lease structure some council members believe lends itself to college students and precludes families — will not be allowed at the apartments.

The development will rely on the single-family occupancy limits within the city's zoning ordinance to help ensure the single-family residences are truly single-family. 

The multifamily portion of the development will have the same restrictions.

The ordinance says no more than two unrelated persons may live in a two-bedroom unit and no more than three unrelated persons may live in a three-bedroom unit.

Highpoint Communities also plans to provide $2.5 million of cash and in-kind assistance to the city to build a fire station within the development.

The development will also include a site reserved for a new school, should San Marcos CISD choose to build one in that area.

If the district declines to accept the land, the 12-acre site could have up to 60 residences.​

Community Impact Newspaper
Austin-Round Rock
http://communityimpact.com/2015/10/21/san-marcos-city-council-approves-417-acre-development/Read more at {Source}

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