LEANDER, Texas (KXAN) — A 78-acre web site in Leander that was speculated to develop into a $1 billion mixed-use undertaking centered round a four-acre lagoon sits empty in the present day, practically 4 years after plans for the undertaking had been first introduced.
The Austin Business Journal reported that though the event workforce secured final zoning and other approvals in 2021, the 78-acre web site on the nook at Farm to Market Highway 2243 and the 183A frontage stays untouched, devoid of the 1,600 multifamily models, resort and a million sq. ft of business area that was promised. Town earlier this yr terminated the $22 million agreement for incentives after the developer missed development deadlines on the primary section.
Related: Dirt has yet to turn on Leander Springs lagoon project as deadline approaches
Now, those that labored on the undertaking look like unpaid, too, an Austin Enterprise Journal investigation discovered. Greater than a dozen liens have been filed towards iLand Improvement Group in Williamson County for work on Leander Springs and an eight-acre undertaking on Anderson Mill Highway that some firms stated they did simultaneous work for.
Learn the complete story at Austin Business Journal.
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