In a city built for cars, a planned development is selling itself on its walkability.
The cities of Taylor Lake Village and El Lago are welcoming a $90 million mixed-use development that could bring new life to the area, according to the Houston Chronicle.
“It’s really exciting because they’re going to completely change the area’s landscape,” said Dawna Boudreaux, real estate agent at Karen Derr Realtors, who is representing the sales portion of the project. Growing up in the area, Boudreaux recalled seeing the property as an eyesore before the development.
The development is split into two geographical areas. The north development is called Taylor Lake Canals, located in the city of Taylor Lake Village. The southern development remains unnamed but is planned for the city of El Lago. In total, the project will have several penthouses and condos, single-family homes, a half-acre sandy bottom lagoon, walking trails, a dog park, and a floating barge with public restaurants and a members-only club.
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In the Taylor Lake Canals, there will be six condo buildings with 72 units, 24 of which will be three-bedroom penthouses and 48 will be two-bedroom condos that will go between $300,000 to the mid $500,000s, according to Karen Derr Realtors. There will also be 34 gated single-family homes in addition to the sandy bottom lagoon with a swim-up beach on either side for the private use of the condo and single-family home residents.
The first floor of each condo building will have retail or office space and they are expecting to have at least two restaurants that are “not going to be franchises,” Boudreaux said.
Pre-construction for the Taylor Lake Canals, located on the north side of NASA Road 1, started 18 months ago and should be completed by February 2023, according to the developer.
The unnamed southern development will include the floating barge with a restaurant, a private members-only club with balconies overlooking the lake, a pool with a swim-up bar, and an area of outdoor dining and entertainment. It will also have a 20 room boutique hotel with 1000-square-foot all overlooking Clear Lake.
The southern development will include four condo buildings with 40 units ranging from 1500 to 2200 square feet, starting in the low $400,000 to mid $600,000s. The condos will have two pools with a lazy river that will be shared with the anticipated 41 townhomes that will be listed in the low $500,000s to high $700,000s.
Site work on the southern development has started and building is anticipated to start mid-summer, with estimated completion in December 2023.
[Houston Chronicle] – Maddy Sperling