Leander partners on proposed $1 billion development
featuring full-service hotel and 4-acre crystalline lagoon
LEANDER, TEXAS —
On Thursday, Mayor Troy Hill announced the city’s partnership with Leander Springs
LLC to develop Leander Springs, a 78-acre mixed use project with retail, restaurants, entertainment,
hospitality, office, and residential components located at the southwest corner of FM 2243 and 183A.
Expectations are that a fully developed Leander Springs could be valued at $1 billion.
As part of an economic development agreement with Leander Springs LLC, the city approved up to $22
million in performance-based tax incentives for the project, which promises to construct a 4-acre
crystalline lagoon powered by Crystal Lagoons® technology and surrounded by 10 acres of boardwalk
and related amenities. The Public […]