Found 18 blog entries tagged as georgetown.

Georgetown's Ragsdale Ranch will be home to over 1,100 homes once complete. SCREENSHOT OF CITY OF GEORGETOWN DOCUMENTS

Austin Business Journal writes, "Georgetown, recently crowned the fastest-growing U.S. city of over 50,000 people for the third year in a row, is getting a new housing development encompassing more than 300 acres.

The Georgetown City Council on May 28 approved the creation of a municipal utility district for Ragsdale Ranch, a housing development that would see more than 1,000 homes rise just a few miles north of Liberty Hill's Santa Rita Ranch — itself one of the fastest-growing neighborhoods in the metro.

Ragsdale Ranch is being developed by HK Ragsdale LLC, according to the meeting agenda, with Paul Kuo listed as the developer contact. According to his LinkedIn profile, he is a managing partner at HK Real Estate Development, a San…

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Georgetown, Texas ARNOLD WELLS/STAFF

Austin Business Journal writes, "For the third-straight year, Georgetown is the fastest-growing city of at least 50,000 people by percent change, according to an analysis of data from the U.S. Census Bureau. Other Austin-area cities weren't far behind.

Georgetown's population reached 96,312 last year, according to newly released city-level data for the 12-month period spanning July 2022 to July 2023. That represents a gain of roughly 9,250 people from the year before — the eighth most in the country among cities of any size based on numeric gains.

An analysis of the data also shows that the city north of Austin grew 10.6% year-over-year, making it the fastest-growing city of at least 50,000 people. Kyle, south of Austin, ranked No. 2 with a 9%…

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Denser housing may be on its way to Austin soon. Photo by Micah Carlson on Unsplash

CultureMap Austin writes, "Austin-Round Rock-Georgetown experienced its highest year-over-year increase in home sales this past April, illustrating a growing optimism in the metro area's housing market. That's according to the latest real estate report from Unlock MLS and the Austin Board of Realtor (ABoR).

More than 2,700 homes were sold in April across the Austin-Round Rock-Georgetown MSA, which is a 5.9 percent increase from this time last year. Median prices landed at just under $470,000 in a 1.1 percent increase year-over-year. There were 10,808 active home listings on the market, which is nearly a 32 percent jump from April 2023.

"Despite the higher rate environment, the uptick in affordable inventory in the $300,000 range is allowing more…

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Tesla's Austin gigafactory has a huge, somewhat unseen, network of support facilities all across the Austin area. TESLA INC.

Austin Business Journal writes, "The impacts of the Tesla Inc. gigafactory in eastern Travis County can be felt all the way out to an inconspicuous warehouse in Hutto, a vast greenfield at the north end of Georgetown, a train rail line in Taylor and a sprawling industrial complex in Kyle and even a bus station in Killeen, where gigafactory workers are picked up for work each morning for a 150-mile round trip.

Those sites — and just about everywhere in between — are among the locales where the "Tesla effect" is coming to fruition, referring to how the company's headquarters relocation to Austin has spurred additional economic development in the region. That's either through direct investment by the company itself, Tesla suppliers moving here, or…

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Flora will eventually be home to around 2,800 residences. EMPIRE CONTINENTAL LAND

Austin Business Journal writes, "Thousands of homes are headed to Hutto, where Houston-based Empire Continental Land LP is building a sprawling new neighborhood.

Empire Continental Land, the Texas land division of residential builder and developer Empire Communities, announced March 18 that work had begun on the project. Flora, as it is called, will rise on more than 800 acres and have nearly 3,000 homes once complete. It’s yet another example of massive neighborhoods sprouting in largely rural areas of the metro as Samsung Electronics Co. Ltd., Tesla Inc. and other companies expand in the region and spur population growth.

“Hutto is in a period of dynamic growth for both businesses and residential communities,” said Steve Sellers, president of…

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Driving the majority of the metro's growth are cities north of Austin in Williamson County — Georgetown, Round Rock, Cedar Park and others, according to new data. NICK SIMONITE

Austin Business Journal writes, "About eight out of every 10 people added to the Austin metro during a recent 12-month period settled outside of Travis County — which roughly mirrors the Austin city limits. Travis County added an estimated 7,400 new residents in the second half of 2022 and the first half of 2023, which is not far off of what Oklahoma City can expect for annual population growth these days.

It's perhaps a sobering comparison for many Austinites and especially Texas Longhorn fans, but a deeper dig into the latest U.S. Census Bureau data reveals what may be a more disturbing fact: More people are moving away from Travis County than to it. If it wasn't for babies, Travis County would be shrinking.

Travis was the only county in the…

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Austin American-Statesman reports, "hundreds of homes are headed for fast-growing Georgetown, north of Austin in the five-county Central Texas region..

Aztec Group's Brell Tarich and Jason Shapiro arranged $33.25 million in construction financing for the first phase of the single-family housing development. Aztec is a real estate investment and merchant banking firm based in Miami.

The builder, Onx Group, is a Texas-based residential developer that uses cutting-edge technology to streamline the pre-construction, manufacturing and assembly process. Through its proprietary construction method — X+ — Onx manufactures individual rooms, bathroom pods, walls and more at offsite production facilities near its housing developments.

In November, Onx…

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The Pennybacker Bridge west of downtown Austin. ARNOLD WELLS/STAFF

Austin Business Journal Reports, "the Austin-Round Rock metro area became slightly more affordable for homebuyers in 2023, but it’s still much more expensive to own within Austin's city limits than almost anywhere else in the region.

That’s according to recent data from Zillow Group Inc. analyzed by the Business Journals. In each of the metro's ZIP codes, the minimum annual income required to purchase a typical home declined anywhere from 4% to 18% in 2023, as of Nov. 30, compared to 2022, the analysis found. Annual mortgage payments also dropped, while median home values declined at a rate of 1% to 13% across the region.

The Austin Business Journal annually tracks the wealthiest ZIP codes in the metro, so it's already well-known where the…

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Homebuilder GFO Home is offering a variety of deals. (Courtesy GFO Home)

Community Impact Austin writes, "homebuilder GFO Home is expanding into Austin-area communities. In August, the builder is offering a variety of promotions, such as 50% off upgrades on to-be-built homes or a 4.75% fixed rate on quick move-in homes—available in Pflugerville, Georgetown, Liberty Hill and Manor—at no cost to customers.

A closer look

According to a news release, GFO Home has homes for sale at pre-grand-opening prices in two new Austin-area communities: Saddleback at Santa Rita Ranch in Liberty Hill, opening in September, and Enclave at Cele in Pflugerville, opening in October. GFO is also starting a new community in Leander near the San Gabriel River.

What else?

According to GFO Home, the builder currently has more than 50 inventory homes…

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The first model for the 100 3D-printed homes coming to Georgetown's Wolf Ranch neighborhood opened to the public July 22. (Grant Crawford/Community Impact)

Community Impact Austin writes, "a community of 100 homes being built with 3D-printer technology in Georgetown’s Wolf Ranch neighborhood reached a milestone July 22, when the first model home opened to the public.

What’s happening?

Construction technology company ICON, in partnership with homebuilder Lennar, architecture firm Bjarke Ingles Group and developer Hillwood Communities, has been steadily printing walls using its Vulcan robotic construction systems since the project was announced in November. With the first model home now completed, the group has begun selling its tech-forward houses with the first residents set to move in this September.

A closer look

The 3D-printed homes are made out of ICON’s proprietary cementitious mix, Lavacrete. The…

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