Hillwood grabs $700M Georgetown residential developmentHillwood grabs $700M Georgetown residential developmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=26922015-01-28T08:57:00Z2014-10-24T00:00:00Z

GEORGETOWN - Hillwood Communities has purchased the 755-acre, $700 million Wolf Ranch residential community. The property consists of two separate tracts located off Wolf Ranch Pkwy. and Hwy. 29.

Wolf Ranch will include approximately 1,700 single-family homes, 388 multifamily units, 350 age-targeted units and 20 acres of commercial development. Home prices are expected to range from the high $200,000s to around $550,000.

Groundbreaking is expected to occur in the middle of 2015, with model homes available the following spring.

The development, situated one mile from Georgetown’s historic courthouse square and just west of I-35, is planned to have over seven miles of trails and over 100 acres of parks and open space.

Over 4,000 residents will call Wolf Ranch home after the final building phase is completed within eight to ten years. Hillwood Communities has two additional developments in the Austin area: Rocky Creek Ranch, near Bee Cave, and Sarita Valley in Leander.

Austin-Round Rock
http://www.globest.com/news/12_972/dallas/multifamily/Hillwood-Closes-on-Georgetown-Community-351731.htmlRead more at {Source}

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