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.