RREAF Communities, a division of RREAF Holdings, has closed on a 3,173-acre mixed-use development between Austin and San Antonio in Caldwell County, Texas.
The community is anticipated to include thousands of residential homes, abundant retail, restaurants, hotels, offices, healthcare and light industrial sites, as well as future school sites. The property is located at the intersection of State Highways 130 and 80, a 30-minute commute to Austin and 40-minute commute to San Antonio. Its location offers convenient access to two major Texas markets.
"Being within a reasonable commute to the exploding job markets of Austin and San Antonio, as well as the vibrant cities of San Marcos and Lockhart, puts us in perfect position to deliver much-needed inventory to a market area that is significantly constrained on future housing," said Shannon Livingston, president of RREAF Communities. "Without new communities like this in the pipeline, area residents will continue to struggl