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Developers behind Leander’s shallows task show up to owe millions to service providers


LEANDER, Texas (KXAN)– A 78-acre website in Leander that was meant to end up being a $ 1 billion mixed-use task focused around a four-acre shallows rests vacant today, virtually 4 years after prepare for the task were initially revealed.

The Austin Business Journal reported that although the growth group safeguarded last zoning and various other authorizations in 2021, the 78-acre website at the edge at Farm to Market Road 2243 and the 183A frontage stays unblemished, lacking the 1,600 multifamily systems, resort and one million square feet of business area that was guaranteed. The city previously this year ended the $22 million contract for rewards after the designer missed out on building target dates on the very first stage.

Related: Dirt has yet to activate Leander Springs shallows task as due date techniques

Now, those that serviced the task seem unsettled, also, an Austin Business Journal examination discovered. More than a loads liens have actually been submitted versus iLand Development Group in Williamson County for deal with Leander Springs and an eight-acre task on Anderson Mill Road that some business claimed they did synchronised help.

Read the complete tale atAustin Business Journal

Copyright 2024 Nexstar Media,Inc All legal rights booked. This product might not be released, program, revised, or rearranged.

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