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Texas Speedway's finish line; homes race to College StationTexas Speedway's finish line; homes race to College Stationhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=13842015-03-31T07:36:00Z2015-03-31T00:00:00Z

COLLEGE STATION - Texas World Speedway will shut down in mid-June to make way for a multimillion dollar housing development.

CEO Bill Mather is the housing developer who will convert the 400-acre speedway into what will be known as the Southern Point community.

The $55 million development will be constructed in five phases to include 1,400 homes, a commercial development, nature trails and space for a new elementary school.

The development will be the first municipal utility district, or MUD, in College Station.

Mather hopes to break ground shortly after the track closes in mid-June with the first homeowner possibly moving in by summer 2016.

KBTX
College Station-Bryan
Housing
http://www.kbtx.com/home/headlines/Texas-Speedway-Set-to-Close-to-Develop--296510221.htmlRead more at {Source}

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