Land sale: Steubing Farm development in San AntonioLand sale: Steubing Farm development in San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=61312013-10-04T13:49:00Z2013-10-04T00:00:00Z

SAN ANTONIO - Home builder Meritage Homes Corp. has closed on the purchase of 27 acres located in a large, mixed-use development known as Steubing Farm. The transaction represents the first land deal within Steubing Farm.

Meritage plans to begin lot development immediately with plans calling for 100 homes. The houses, which will range in size from 1,600 to 2,800 sf, will begin entering the market next spring.

The deal also paves the way for the first residential community within Steubing Farm, which will span 169 acres of land at De Zavala Rd. and Babcock Rd., near the University of Texas at San Antonio.

Legacy and Stratford acquired the land through a joint venture from the Steubing family in 2012.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/blog/morning-edition/2013/10/stratford-legacy-make-first-land-sale.htmlRead more at {Source}

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