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Bee Cave City Council approves improvements, preliminary plans for two developments

The council passed two proposals relating to the Village at Spanish Oaks and The Backyard developments.

BEE CAVE, Texas — The Bee Cave City Council voted unanimously to pass two proposals relating to in-progress development projects Tuesday, according to a report from the Austin American-Statesman.

The council passed Items 6 and 7, creating a public improvement district on top of the Village at Spanish Oaks development and approving the preliminary plan for The Backyard development.

CCNG Real Estate Investors filed a petition with the City to establish the Spanish Oaks Public Improvement District in May. It will include 80 acres of land south of State Highway 71 east of Great Divide Drive, according to the resolution.

The purpose of the improvement district is to upgrade features of the development including landscaping, fountains, lighting and sidewalks, streets or other roadways.

Senior Vice President of Real Estate with CCNG Jack Creveling said this allows the city to issue bonds to help finance the project, according to the Statesman. The bonds would be paid for only by residents who buy homes within the district.

The first phase of construction is set to begin in the fall of 2020, and vertical construction could begin as soon as 18 months from now, Creveling told the Statesman.

The preliminary plat for The Backyard is 35 acres of land just west of the intersection of Bee Cave Parkway and Ranch Road 620. The development would house an outdoor event venue, food and retail complex, office buildings, hotels, parking garages and a rooftop garden, according to the council’s agenda.

The project has four phases, according to the Statesman. The first is developing roads, major utilities, the Hilltop garden and landscaping for the medians. The second includes most of the buildings and some landscaping.

The retail and venue portions of The Backyard are expected to open near the end of 2023 or the beginning of 2024.   

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