DEVELOPMENT UPDATES
Projects underway in the Georgetown area
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ALTA BERRY CREEK APARTMENTS
COSTCO The site development plans for Costco Wholesale’s Georgetown location were rejected at the May 17 planning and zoning commission meeting. According to city documents, the plans did not meet two out of 10 criteria, including the development code’s electric and communication standards. However, disapproval is not abnormal, according to the city, which is expecting to receive resubmitted documents once corrections are made. The 160,437-square-foot warehouse and store will be located at 2201 N. I-35, near the intersection of Airport Road and Lakeway Drive. Construction is expected to start later this year. The business is expected to create more than 230 new jobs and have a net bene t to the city of more than $11 million over 10 years. This will be the fth Costco in the Central Texas region. According to a representative, Costco is unable to provide information on upcoming locations outside of a three- month window. The letter of intent submitted to the city in September 2019 states that the retail warehouse will feature a 24-pump fueling facility, an attached tire center, a liquor sales area and an optical exam area. There are a total of 753 parking spots designed for the
Construction of a 300-unit apartment complex is underway in the northern region of Georgetown. Set to open in January, a year after construction on the complex began, Alta Berry Creek is being built on a 16.73-acre lot at 2201 Hwy. 195, Georgetown. In initial site plans provided to the city of Georgetown in August 2021, Atlanta-based rm Wood Partners— which owns the property—said the apartment development will consist of 14 multifamily buildings. Additionally there will be a total of 44 studios, 108 one-bedroom units, 108 two-bedroom units and 40 three- bedroom units. “The Georgetown area is thriving, and Wood Partners is thrilled to be part of fueling the growth of this city,” said Bart Barrett, managing director for Wood Partners, in a previous press release. “This community will give residents an opportunity to enjoy all that Georgetown has to o er.” The site plans prepared by Kimley- Horn included 572 parking spaces, a water-quality pond, a private detention pond and a maintenance building. Additionally, amenities at the complex include a dog park, a resort-style pool
HUNTER TERRELL COMMUNITY IMPACT NEWSPAPER
COURTESY CITY OF GEORGETOWN
234
35
195
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overall site plan. Georgetown City Council has previously approved an economic incentive agreement for the development that requires a minimum capital investment of $20 million in exchange for a 50%
and recreation. According to a leasing agent, the new apartment homes will feature Whirlpool steel appliances, wood-style plank ooring, granite countertops along with in-unit washer and dryers. Preleasing for the community will start in late 2022. Space: 16.73 acres Timeline: January 2022-January 2023
sales tax reimbursement. Space: 160,437 square feet Timeline: TBD
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