Georgetown Edition | August 2022

DEVELOPMENT UPDATES

Projects underway in the Georgetown area

COMPILED BY HUNTER TERRELL

GEORGETOWN HEIGHTS The Wan Bridge Group, a Houston-based development company, held a ribbon- cutting ceremony for its rst build-to-rent community in Georgetown on June 30. Georgetown Heights—located at 468 Northwood Drive, Georgetown— features 48 three- to four-bedroom, two-story duplexes ranging from 1,400-2,100 square feet. “We are eager to welcome residents to Georgetown Heights,” Wan Bridge Group CEO Ting Qiao said in an announcement. “Residents can expect all the Wan Bridge trademark qualities, like modern, thoughtful designs; high-quality nishes; excellent service from our property management service; and 24/7 maintenance.” The Wan Bridge Group has specialized in build-to-rent properties since 2016. Qiao said the development will help meet the need for more residential properties in the area, citing Georgetown’s fast growth due to employers such as Tesla, Samsung, Google, Apple and Dell having a presence in Central Texas. Although Georgetown Heights is the developer’s rst Central Texas project, Qiao said there are seven or eight potential projects in the Austin pipeline. Georgetown Heights residents will have access to traditional amenities, such as a

HOME2 SUITES BY HILTON Home2 Suites by Hilton broke ground at 1431 Rivery Blvd. in late July. The hotel will be located across from The Summit at Rivery Park, which houses Cookie Co. and Orangetheory Fitness, among other retailers. The extended-stay hotel will oer a saltwater pool, an outdoor area, and combined tness and laundry facilities. The hotel is expected to have about 107 rooms. Expected to open in summer 2023, the project will cost an estimated $11 million. According to Kary Lalani, president and chief operating ocer of Lalani Lodging Inc., a hospitality management company, the hotel’s oor plan provides separate living and bedroom space featuring the proprietary Home2 Suites by Hilton “working wall,” which incorporates the kitchen and a exible working/media space. The fully accessorized kitchen will include place settings for six with a refrigerator, a dishwasher, a microwave oven and a coee maker. Lalani Lodging manages several hotels

COURTESY WAN BRIDGE

RENDERING COURTESY HOME2 SUITES

RIVERBEND DR.

dog park and a playground. “Amenities are selected based on [the] individual market and preferences,” Qiao said. “But our houses themselves are the biggest amenity.” Space: 48 units Timeline: November 2021-July 2022

and inns across Texas, including the Hampton Inn at 60 River Oaks Cove, Georgetown. The Home2 Suites by Hilton will be Georgetown’s eleventh hotel. Space: 60,614 square feet Timeline: July 2022-July 2023

AUGUST 1 - AUGUST 31 SALES EVENT

When you walk into Massage WR, plan on an experience that will make you feel rejuvenated and new. Choose from 60 to 120 minute massages along with additional services.

Call or Email us for Booking 512-930-0888 booknow@massagewr.com

www.massagewr.com

Choose from 3 financing options when you purchase a new Coventry Home: * APPLY UP TO $30,000 IN FINANCING INCENTIVES

Extended Interest Rate Lock

$0 Closing Costs

Interest Rate Buydown

IS RUNNING YOUR BUSINESS GETTING IN THE WAY OF RUNNING YOUR BUSINESS? we can help.

IS RUNNING YOUR BUSINESS GETTING IN THE WAY OF RUNNING YOUR BUSINESS? we can help. Owning a small business means doing a number of jobs in addition to the one you originally got into business to do in the first place. With bookkeeping services from Liberty Tax, powered by Xero, what you really buy yourself is more time. More time focusing on what you do best.

The “Flex Cash Sales Event” only applies for the purchase of a home from Coventry Homes in the Austin metropolitan area with an original purchase date of August 1 2022 through August 31, 2022. Seller will contribute up to 3% of the contract sales price on the first approved Contract by Seller’s Management toward Buyer’s closing costs subject to maximum allowable Seller Contributions allowed by Lender. Available only to qualified purchasers financing through Seller’s Affiliated Mortgage Company (CMC Home Lending or FC Lending LTD) and closing through Seller’s Affiliated Title Company (Prosperity Title Company of Austin). This is not a commitment to Lend. Purchaser can choose up to one of the three available promotions; Interest Rate Buydown; $0 Closing Costs; or Extended Interest Rate Lock. Purchaser to make their decision at the time of loan application with Loan Officer. Seller reserves the right to change or withdraw this offer at any time. This promotion may not be available in conjunction with any other promotions, price discounts, or purchase incentives. Additional terms and conditions apply. See your community Sales Counselor for more details. Lakeside at Lake Georgetown | Parkside on the River | Wolf Ranch New Homes from the $580s - $1.1 Million CoventryHomes.com

512-688-5444 Hablamos Español 610 E. University Ave. Georgetown, TX 78626 (Next to Gus’s Drug - 2 blocks West of Southwestern University)

Open Year Round Mon-Fri 10-6, Sat 10-3

LIBERTYTAX.COM

GEORGETOWN EDITION • AUGUST 2022