Tuesday, October 30, 2007

Oasis Project

The Oasis, a popular Austin restaurant, has long been known as one of the best places to enjoy spectacular Lake Travis sunsets! Soon the scenery immediately surrounding The Oasis will be changing…

Oasis Project Set to Begin Near Lake Travis

Site work is under way for the next set of million-dollar mansions, and construction should start early next year on a Mediterranean village-like retail center at the Comanche Canyon Ranch development above the eastern shore of Lake Travis.

Restaurateur-turned-developer Beau Theriot received approval in 2006 for a planned-unit development that could fill out 120 acres of the hilltops surrounding The Oasis, his popular, decades-old restaurant. The multiple phases of the more than $250 million Comanche Canyon Ranch include single-family homes, 40,000 square feet of office space, 24 condominiums, a 25,000-square-foot retail complex and a four-story parking garage.

Theriot calls his vision for the commercial development Oasis, Texas -- a destination for relaxation and having fun on the order of locales like Luckenbach.

"I wanted to create a place where people can bring their friends and family to show them what Texas really has to offer," he says.

Austin Business Journal – by A. J. Mistretta, October 19, 2007

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