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Kim Gatley
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enior Vice President & Director of Research at REOC Austin

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New development bound for Lakeway’s Bee Creek Road

Lakeway City Council approved Nov. 21 the final plat for The Paddocks at Bee Creek, a commercial development including three office or retail buildings totaling 25,000-30,000 square feet, located on 17.56 acres at 4900 Bee Creek Road, Lakeway.

“If all goes well, construction could begin January or February 2017,” said Thomas Reagan, president of Bee Creek Stables L.P., the property’s owner. The project—set for a portion of an original 50-acre tract that includes Lake Travis Middle School—will feature general office space, and Reagan said the development already has signed long-term leases of 10 years each with both an orthodontist and a dentist.

“We do anticipate that other development will occur on the property in the future, but for now, this is what [the owner/developer is] proposing,” Deputy City Manager Chessie Zimmerman said.

Click here to read the full article: New development bound for Lakeway’s Bee Creek Road Community Impact Newspaper 12-7-2016

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