The Georgetown City Council has given tentative approval to Serenity Ranch, a master-planned community one mile east of I-35 and bordered by the Dry Berry Creek. In addition to 300 multifamily units and 30,000 square feet of commercial space, Serenity Ranch will offer approximately 40 acres of open space and ponds, a 2.9-acre amenity center with a pool and clubhouse, and a 0.7-acre Sunset Garden. Community Impact reports the development will be part of a 112-acre neighborhood in the city’s extraterritorial jurisdiction. A municipal utility district was approved to help fund the infrastructure required to move the project forward.
The developer is Athena Domain. The company has completed or is underway with construction on nearly ten commercial real estate projects in Texas.
The city council will move ahead on a final vote at an upcoming council meeting.
The post Georgetown Gives Conditional Approval to Apartment, Retail Project appeared first on Connect CRE.
​Â
