Lake Travis - Westlake Edition | May 2021

TRANSPORTATION Apartments, public parkland make up earlyMain Street vision

THE OAKS SHOPPING CENTER

620

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MAIN ST.

MEDICAL DR.

BIRRELL ST.

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1 Legend Communities 2 Stratus Properties PROPOSED SITES

BY GREG PERLISKI

what, I am done with the big house ... but this is my community, and I want to stay here,’” he said. Vockins said the design they would pursue would draw inspiration from the historic lake houses found in Lakeway and are considering using wood, stone, pitched roofs and screened porches as design elements. “We pulled a lot of inspiration not only from Hill Country archi- tecture but also architecture that was traditionally seen in Lakeway further back more historically,” she said. “We thought if we pulled some of our design moves from that, it would really reference the town and its history.” In response, council members asked questions about the size of the units, which may range from one to three bedrooms, and the fact that the buildings may rise three oors. But of particular interest to some council members was the aordabil- ity of the units. During the meeting, Lakeway Mayor Pro Tem Laurie Higginbotham asked Stratus representatives if they thought the apartments would only target people who are choosing to downsize from a large home. “I’m just thinking if this is really targeted at retirees or teachers or law enforcement,” she said. “I’m just wondering if this is going to be something aordable for them.” Jones said he was not prepared to answer but the project seemed to better t the auent areas of Lake- way rather than a more traditional urban area. “We are totally open to the concept of providing something aordable in communities that have need—like teachers, reghters and police who can no longer aord to live where they work,” he said. “We know how to gure that one out.” The ongoing discussion between the city of Lakeway and Stratus comes after earlier eorts by the city to develop Main Street had made little progress. In November, the council amended its agreement with Stratus to set a March 15, 2021 deadline for Main Street construc- tion to begin. The development

An early look April 5 at how Stratus Properties would work with the city of Lakeway to extend Main Street beyond Medical Drive included a proposal to build up to 275 apartments along with devel- oping a 26-acre park on its parcel of land that currently sits behind The Oaks shopping center. The economics of developing the property is a large factor behind the idea to build multifamily housing rather than sell single-lot family homes, according to Ken Jones, an attorney who spoke for Stratus at the council meeting. “Under this multifamily pro- posal, we would be prepared to go as quickly as we can because the multifamily is nancially viable right now,” he said. Before any construction could begin, Stratus would have to submit specic designs and receive the proper permits and approvals from the city. Included would be design and construction of Main Street in what the real estate company envisions in renderings presented to council as a tree-lined boulevard. Stratus owns in total about 36 acres, according to Jones. The pro- posed apartment complex would be built on about 10 acres, which would lie on the west side of the proposed Main Street behind the current HEB grocery store. Much of Lakeway City Council’s early discussion centered on the appearance of the apartments, the target market for the homes and the aordability of units that Stratus positioned at the council meeting as a luxury product aimed at people who choose to rent. Representing Stratus at the council’s online meeting along with Jones was Heather Vockins, director of design. They compared their vision for the Main Street property to development Stratus is undertaking near the Barton Creek Resort o Southwest Parkway and Travis Cook Road. “We’ve seen the movement at Barton Creek, and elsewhere, of people who reach a point in their life, like me, who decide, ‘You know

Undeveloped acerage currently sits behind The Oaks shopping center. To connect Main Street to Lohmans Crossing Road and Lohmans Spur, requires the city to work with Stratus Properties and Legend Communities. (Courtesy Falcon Sky Photography) A MA I N CONNECT I ON

The idea of Main Street is to connect RM 620 to Lohmans Crossing Road and Lohmans Spur to take pressure of an increasingly congested RM 620. Development requires the city to work with Legend Communities and its development. Legend Communities has stated it intends to break ground in 2021. As envisioned, Main Street would connect to Lohmans Crossing across from the existing Wingreen Loop. From there, Main would run southeast to the Stratus property. Stratus would then take responsibility for connecting Main to where Main Street currently ends at Medical Drive.

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FUTURE ROAD EXTENSION

WINGREEN LOOP

MEDICAL DR.

MAIN ST.

LOHMANS SPUR

THE OAKS AT LAKEWAY

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SOURCE: CITY OF LAKEWAYCOMMUNITY IMPACT NEWSPAPER

Stratus Properties envisions building apartments on thewest side of aMain Street extensionwhile oering park space on the east side of the property. (Rendering courtesy Lake Flato)

agreement, known as a Planned Unit Development or PUD, now needs further amendments from Stratus Properties and city sta to allow for the envisioned apartments. Extending Main Street to Lohmans Crossing and Lohmans Spur also requires the Lakeway council to work with Legend

Communities, which owns addi- tional acreage northwest of the Stratus property. Legend Communi- ties intends to seek city permits and begin construction on its develop- ment and its own portion of Main Street later this year, according to Bill Hayes, Legend Communities chief operating oficer.

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LAKE TRAVIS  WESTLAKE EDITION • MAY 2021

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