Development
BY HAMERA SHABBIR & GRACIE WARHURST
191 new homes outlined for new housing development in Leander A new housing development is coming to Lean- der near the existing Bar W Ranch and Larkspur neighborhoods. The project will be located along CR 267, just south of Equine Road. The overview Leander City Council approved the annexation of the property, known as the Alexander Tract, and a zoning change that will allow the project to move forward at its April 2 meeting The neighborhood will be built by Pulte Homes. According to site plans, of the 191 homes in the development, 108 will be built on 50-foot lots, and 83 will be built on 60-foot lots. Of note Executive Director of Development Services
Tax reimbursement for Northline clari ed At its April 27 meeting, the Leander Tax Increment Reinvestment Zone board ensured that Northline Leander Develop- ment Company would receive reimburse- ments for improvements on land it sold to Endeavor Real Estate Group. Northline, a 116-acre mixed-use project, partnered with Endeavor on a 17-acre retail development. Endeavor, a commercial real estate company, has overseen several large projects like The Domain in north Austin.
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Robin Gri n said Williamson County is currently making improvements along CR 267, adjacent to the property. A representative of the development also said the company is committed to making further improvements to the road as part of the project. One more thing The motion to change the property’s zoning from agricultural to single-family passed 5-2 in favor, with those in dissent citing concerns about the strain on the city’s water infrastructure.
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Electronics manufacturer Compal secures Williamson County economic incentives
The company will manufacture technological products, with a particular focus on arti cial intelligence servers, People Operations Director Rick Ortiz said at the meeting. “We have a lot of big ambitions and plans—a lot of customer demand,” Ortiz said. “Now that we’re setting up shop here in town, we’re going to be closer to our customers, obviously providing a lot of opportunity for the community.”
Williamson County commissioners approved a tax abatement agreement with Taiwan-based electronics company Compal USA Technology for its facility in Georgetown. The agreement, approved April 14, between Compal and the county includes a 30% reduction in property taxes for 10 years in return for Com- pal’s $35 million capital investment in its facility and the creation of at least 100 full-time jobs.
Compal’s service facility in the Georgetown Logistics Business Park will cost $5 million.
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