Austin Business Journal reports, "a couple of Taylor residents aim to bring a new subdivision to life in their town that features a variety of housing types.
Taylor-based EVK Homes LLC — owned by married couple Geraldo Reyes, a Taylor native, and Elizabeth Krueger — hopes to build a 40-acre subdivision on the northern edge of the Williamson County city. It would add 174 homes in a city expected to see tremendous growth in the coming years, in part because of the massive factory that Samsung is building there.
The development, to be called North Village, would feature single-family homes, townhouses, cottages and fourplexes for purchase, Krueger said. Additionally, some single-family homes would come with one-bedroom accessory dwelling units built atop the garages.
North Village is also planned as a walkable neighborhood, with pedestrian-only pathways that cut across the community and lead to the adjacent Taylor Middle School.
There are plans to include commercial development as well, with about 10 acres set aside, Reyes said. Small stores and restaurants would be ideal for that space, he said, and there is also potential for a hotel to be built in the neighborhood.
The first of four planned phases of construction could start near the beginning of 2024. The commercial aspects of the development aren’t expected to be worked on until the final phase.
EVK owns an additional 98 acres at the northern edge of North Village, according to Williamson Central Appraisal District records. Development on that land would likely take place after North Village was completed, Krueger said, though that could change "if the need was there."
Selling the 98 acres is off the table for now.
"Never say never, but at this point I think we’d want to develop it ourselves," Krueger said.
Maryland-based Michael Watkins Architect LLC is the architect for North Village.
As the Samsung factory rises on the south side of the city, Taylor is in need of additional and denser housing. Near Taylor High School, Austin-based Texas Multifamily Capital LLC is planning a 56-acre residential development that includes both "high density conventional multifamily and medium density single-family detached" homes."
Source: Austin Business Journal
Written by: Cody Baird
Published: June 30, 2023
Posted by Grossman & Jones Group on
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