BEE CAVE, Texas (KXAN) — It’s a major development that could soon become a reality for Bee Cave.
The Village at Spanish Oaks would be an 80-acre mixed-use development that would include various residential options, shops, restaurants, office buildings and quite a bit of open space, including a public trail system along Little Barton Creek.
“The city is driven by its sales tax, so to have more residents, it will help the city sustain its budget and its long-term investment in the community,” said Lindsey Oskoui, director of the city’s planning and development. “I think in terms of impacts, it will definitely add more traffic, it’ll be several hundred units, the condominiums, the townhouses.”
Those behind the project say they have plans for the traffic impact.
“It’s been programmed for this density for years and years and years,” said Tim Bolinger, co-owner of Greenbrier Southwest Corporation, one of the developers behind the project. “The city planning has accommodated for that and included in it is a new traffic light on SH 71 and that allows the community behind and this community to access the highway.”
The proposed development would sit just west off of State Highway 71, adjacent to the Spanish Oaks residential community and near the Shops at the Galleria. It would stretch from the Shops at the Galleria past Great Divide Drive and down to Little Barton Creek.
This project is a joint venture between CCNG, the developer of Spanish Oaks, and Greenbrier Southwest Corporation, a development firm based in Arizona.
The site for development was originally approved in a 1999 Development Agreement between Bee Cave and CCNG. Since then, the city has changed and zoning ordinances have gone into place.
The city and developers have been working together on a Planned Development District Ordinance to ensure the major project won’t violate zoning ordinances in the area. The PPD calls for more than $1 million to be contributed to Bee Cave traffic mitigation measures as The Village roadways are developed.
A joint workshop between City Council and the Planning and Zoning Commission will be held at City Hall starting at 5 p.m. Tuesday. The public is welcome to attend. No action will be taken on the purposed project.
The consideration process will start sometime next month.
It is estimated development can take anywhere from five to 10 years.