Do You Know What Lago Vista is Getting?

How about a $300 Million for a resort – style lakefront community? Check out the details released in the Austin Business Journal today…

Lago Vista gets $300M Project – Resort community to feature lakefront homes.

Returning to lay claim to another tract along the north shore of Lake Travis, a Dallas developer is drawing up plans for a $300 million resort-style community that will add fuel to a rapidly developing lakefront market.

Winston Capital Corp. bought 245 acres known as Turnback Ranch in Lago Vista last year. The tract with roughly 11,000 linear feet along the lake is southwest of the intersection of Lohman Ford Road and FM 1431. Winston is mapping out more than 700 living units, ranging from single-family homes to possible condominiums, in an amenity-rich community. The company plans to break ground later this year.

Austin Business Journal – April 27, 2007 A. J. Mistretta, ABJ Staff