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1,000-acre development coming to Elmendorf1,000-acre development coming to Elmendorfhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=213062018-10-23T05:00:00Z2018-10-23T14:00:00Z

​​​​​​​ELMENDORF – ​​​Developers are working on a 1,000-acre project that could double the size of this 1,600-person ​city southeast of San Antonio. 

Elmendorf Land Partnership ​LP and an ​​affiliated corporation, ELP 1604 LLC​​​​​​, purchased the land​ at Loop 1604 and ​US 181 at the edge of Bexar and Wilson Counties in 2014.

The property, called The Ranch at Elmendorf, will have 1,389 single-family homes ranging from $150,000 to ​​$375,000. Around ​360 apartment units are also in the works. 

Developers will carve out 90 acres for commercial use while preserving 55 acres for open space, 7.5 acres for schools, and 9.5 acres for a park. ​

Streets and utilities infrastructure costs are projected to be around $66.5 million. ​

The city​​​ approved a Tax Increment Reinvestment Zone for the project last October.

San Antonio Business Journal
San Antonio-New Braunfels
Mixed-Use
https://www.bizjournals.com/sanantonio/news/2018/10/19/exclusive-more-than-1-000-acre-development-planned.htmlRead more at {Source}

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