Dallas Developer Targets Austin Suburb
By: A.J. Mistretti, Austin Business Journal
DALLAS BUSINESS JOURNAL
Published February 16, 2007
A Dallas development company is planning the first major project within
a massive, transit-oriented development district planned for the
northern Austin suburb of Leander.
WY Atlantis has secured 342 acres just east of the confluence
of U.S. Highway 183 and the U.S. Highway 183A toll road, which opens in
early March. The site is part of 2,300 acres that the city of Leander
has earmarked for a transit-oriented development. The development will
complement the commuter rail station set to open there in late 2008.
Called the Villages of Messina, the $50 million project would
bring about 700 single-family homes, up to 400,000 square feet of
office and retail space, and as many as 2,000 multi-family units to
Leander. The project also includes space for an elementary school and
miles of recreational trails.
Allen Jones, a partner with WY Atlantis, says in looking at
the development barriers in other areas around Austin, the company
determined that Leander was a smart move.
