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.

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