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What's going on around Cedar Park, Round Rock and Leander?

By
Real Estate Agent with Cedar Park,Leander,Georgetown & Lake Travis Areas.

Central Texas Building

New Businesses - Walker House at Stonehurst bed and breakfast is located a mile north of the intersection of RM 1431 and Sam Bass Road and directly across the street from the Williamson County Regional Park. Chiropractic clinic Dr. Richard Worley, known better to his clients as Dr. "Ditto," is opening a chiropractic office in The Shops at Silverado on Parmer Lane.  The Northwest Community Park Family Aquatic Center, located at 2525 W. New Hope Road broke ground late September.  The aquatic center will have a multi-use pool, lane pool and diving well. Construction on the facility is budgeted to cost $3.5 million and expected to be completed in early May 2008 anticipating a Memorial Day opening.  BMC, a building supply company, is building a 100,000 sq. ft. facility on the South side of Brushy Creek Road just east of 183A Toll. The company broke ground in September and is planning late Summer 2008 for completion. The Dig Pub, is open on Cypress Creek Rd and has 25 domestic craft or micro-brewed beers on draft, as well as a selection of bottled beers and a unique wines. Z' Tejas November, Z'Tejas plans to open its newest location on Parmer Ln at the entrance to Avery Ranch.  The grand opening celebration is planned for Nov. 12. Champion park-Williamson County is opening its newest park at 3900 Brushy Creek Road. Champion Park has a covered - children's play area, large picnic pavilion and fishing area. The play area includes dinosaur bones hidden under sand and a whale's tail sprayscape. Capital One opened a new location on Avery Ranch Blvd. 

Commercial Property  -The North East corner of Parmer lane and IH45 that is owned by the local area Wendy's franchisee, is a 1.05 acre tract that is marketed for ground lease only. On West side of Parmer just South of Neenah Dr. a retail center is scheduled to open late November to early December.  The center is 30,000 sq. ft.  Although tenants are not confirmed, the site plan includes pad sites for a bank and fast food restaurant. On east corner of Parmer and IH45/620 is phase 2 of 620-Parmer Crossing and is now available for tenant build-out.  With 7,000 sq. ft in total space, the building will allow for up to 2,000 sq. ft. of restaurant space.  At Spectrum Dr and Parmer -Davis Spring center broke ground this month on a three-phase project. Phase 1 includes four class-A service center buildings totaling 260,000 sq. ft. The multi-tenant flex-space can accommodate 5,000 - 100,000 sq. ft. office/warehouse space. The developer anticipates completion for Phase 1 by the end of the first quarter of 2008.

Transportation -Lakeline Boulevard now extends east to Parmer Lane tying into Neenah Avenue. The road has been constructed as two lanes of an ultimate four-lane divided roadway. Construction of a four-lane undivided road to extend CR 273 from RM 2243 to CR 274 - known as the San Gabriel T, is a partnership between Leander and the Texas Department of Transportation. The road will run through the transit-oriented development, providing access to Capital Metro's rail line.

City Budget -Cedar Park and Leander will each add about 20 city staff positions next year in response to an increased demand for services due to growth. Cedar Park's budget provides for five new police officers, six firefighters, a dispatcher, code enforcement officer and the related vehicles, equipment and supplies as well as other new hires. The city will purchase a combination engine and ladder truck. Fire Station 4 will also be opened, equipped and staffed this year. In addition, a compensation study resulted in raises for many city employees. Leander will add four police officers, two dispatchers, four firefighters, three parks maintenance workers, one full and two part-time street maintenance workers, a purchasing agent and one human resources administrator.  The tax rate in Cedar Park dropped one cent to $0.50807 per $100 of assessed value, while Leander increased to $0.607591. Leander's penny increase from last year results in $607.59 per 100k of home value. Property tax revenues in each will increase this year through higher valuations and the opening of businesses such as H-E-B Plus! in Leander, which opened last budget year, and 1890 Ranch in Cedar Park. In addition, because home values have increased, some homeowners may pay more in taxes this year than last year.

 

 

Source: Impact News

 

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