Cedar Park - Leander | July 2020

CEDAR PARK LEANDER EDITION

REAL ESTATE

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2020EDITION

VOLUME 14, ISSUE 4  JULY 20AUG. 16, 2020

1,677 currently under construction, doubling the inventory built since 2015

Leander apartments on the rise

BY BRIAN PERDUE

INSIDE 22 SOURCE: CITY OF LEANDERCOMMUNITY IMPACT NEWSPAPER

Once built, North Creek Apartments in Leander will oer 259 units. (Brian Perdue/Community Impact Newspaper)

Road projects seemixed outcomes BY TAYLOR GIRTMAN

CITYCOUNTY

PARK AND ROAD PROJECT FUNDING

CEDAR PARK 42.25%

slowdowns from the coronavirus. Some projects are moving forward with city-county agreements, while others have been delayed with deferred funding from the Capital Area Metropolitan Plan- ning Organization. “At the end of the day, we couldn’t do all of them. So some of them just got deferred,” William- son County Precinct 2 Commis- sioner Cynthia Long said.

Between local, state and federal projects, Cedar Park will have a slew of newroads todriveon in the future. Several upcoming road projects are critical to major developments coming into the Cedar Park area, especially as the city sits as one of the fastest-growing cities in the country. However, some recent projects in the Cedar Park area have seen mixed outcomes due to economic

TOTAL: $34M

WHAT IS AN INTERLOCAL AGREEMENT? These agreements allow separate entities to jointly fund a project. Williamson County and the city of Cedar Park recently entered into four cost-share interlocal agreements for road and park projects. The agreements total $33.96 million, which does not reect total project costs.

WILLIAMSON COUNTY 57.75%

CONTINUED ON 26

SOURCE: CITY OF CEDAR PARKCOMMUNITY IMPACT NEWSPAPER

2020 EDI T ION REAL ESTATE

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