Downtown Center Planned for Lakeway

Posted on Monday, November 25th, 2013 at 6:57am.

Approximate location of new downtown center in Lakeway

The New Year promises to bring big changes to the city of Lakeway. Plans for a downtown center in the city have been talked about for years, and 2014 will be the year when those plans will turn into actions. In late 2014, Lakeway citizens can expect to see construction of a new HEB that will be the focal point of a 75 acre downtown center. The center will be located on Glen Heather Drive off of Ranch Road 620, north of Lohmans Crossing Road. The store will measure 90,000 square feet in size and feature a custom design to match the unique Lakeway landscape. In addition to regular shopping options, the Lakeway HEB will also offer healthy living and to-go selections. Lakeway has been an attractive market to HEB for a long time, and the city is using the store as a starting point for the larger downtown center project.

The city has planned to add new retailers, restaurants and even a movie theater to the downtown center. The unique design of the center will give Lakeway the traditional downtown space it has never had before. The center will be accessible by foot, bike or golf cart and include open spaces for public use. The downtown center will also be built as a certified "green" center. In order to accommodate increased traffic to the center, the city of Lakeway has plans in the works to extend Glen Heather Drive to Lohmans Crossing Road to allow access from both Ranch Road 620 and Lohmans Crossing Road. Traffic lights will also be installed at both intersections. The current estimated cost of the project is $50 million. Lakeway officials expect that the downtown center will increase the revenue the city's economy receives from the retail sector and create new local jobs. Long-term plans for the downtown center include the construction of a new justice center for the Lakeway police force, a new Parks and Recreation Department building, an animal shelter and a convention center. There have been talks of small garden homes and condos to be built in the vicinity as well.

All of these improvements have been included in the city of Lakeway’s ten year civic plan, but no permanent dates have been set for their development. In addition to the downtown center plans, the city has been working hard to put together plans for improvements to Ranch Road 620 to alleviate the growing traffic the city has experienced over the last few years. Since the 1970s, Lakeway has evolved from a resort community for retirees and vacationers to a bustling city that has become attractive to young families. The new downtown center will be the first step in transforming Lakeway’s identity from a sleepy resort town to a thriving city in the eyes of Austin residents. To learn more about the Lakeway community, check out our Lakeway neighborhood profile page. If you’re interested in calling Lakeway home, click here to search for Lakeway homes for sale.

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