New Bee Cave Development Breaks Ground
Posted December 15th, 2011 by knelson
In case you needed more proof that Lake Travis real estate and Lakeway real estate is still growing, Taylor Morrison homes just broke ground on a new subdivision named Ladera.
Following Bee Cave City Council approval of the Ladera subdivision site plan in October, Taylor Morrison Homes broke ground on a roughly 83-acre, single-family home neighborhood in Bee Cave.
The Ladera tract, which was annexed into Bee Cave in November 2006, was originally planned as a multifamily and single-family home site with condominiums and townhomes, but the former owner foreclosed on the property before it was developed. Taylor Morrison purchased the property July 1.
[...]After about a year of working with the Bee Cave City Council, Taylor Morrison broke ground on Phase 1 mid-November, which will include about 90 lots and five streets within the subdivision.
Eventually, the subdivision will include 260 single-family lots with lot sizes ranging from a width of 50 feet to 60 feet to be developed in several phases. Khoury estimates the neighborhood will take five to seven years for completion.
Ladera's first lots are expected to be available in early spring 2012.[...]
For locals who've driven up to Home Depot and Target and wondered what could possibly be going with that land at the end of the road here's your answer. For newcomers, Ladera is going to be a welcome addition to our housing market, sidling up next to the best shopping areas, including the Hill Country Galleria and The Shops at the Galleria, the best music at The Backyard. Ladera is certainly going to be one of the most accessible subdivisions in the Lake Travis area---with access to both Highway 71 and RR 620, and that is going to be hard to beat. It's also located in the excellent Lake Travis Independent School district, and for those with children attending Lake Travis Middle and High Schools, the school runs from Ladera would be running in the opposite direction of all the usual school traffic, making for some quick trips while everyone else is stuck in traffic on 620 heading north.