Round Rock City Planners want to make the city a more “dynamic place to live” and hope that offering a variety of housing options will go a long way towards making that a reality.
The Depot Townhomes are set to built at South Burnet Street and East Bagdad Avenue, which used to be occupied by Gypsum Builders Supply. The city bought the land from Gypsum when the company relocated and will sell the land to InTown Homes for $425,000.
The company expects to spend $18 million to construct 82 townhomes on the land, which is currently zoned mixed-use. The developers would also like to construct some live-work spaces so residents can run businesses from their residences. The rules in place with the city state that each unit has to be at least 15 feet wide and have two or more parking spaces.
City Council will review the deal at its April 25th meeting and if it is approved as expected, the sale and redevelopment deal will go forward.