Construction is expected to start within six months on The Falls at Lake Travis, a master-planned waterfront community that will eventually grow to 510 homes and townhomes.
WY Atlantis, a Dallas-based mixed-use development company, bought 315 acres in the Lago Vista area for the project. Homes are expected to range in price from the $300,000's to more than $1 million.
WY Atlantis recently bought land for two other residential master-planned communities in Fort Worth and Houston.
WY Atlantis is owned by Wyatt Henderson and Allen Jones, co-founders of Marlin Atlantis; Dallas-based Westmount Realty Capital LLC; and The Yucaipa Companies LLC, a Los Angeles private equity investment firm.
American Statesman Staff - Saturday, September 23, 2006
No comments:
Post a Comment