The Georgetown City Council convened on August 12, 2025, to discuss a significant development project located in the city's extraterritorial jurisdiction (ETJ). The proposed project encompasses 722 acres in the western area, featuring a 1,300-lot single-family residential subdivision and a 14.6-acre hotel and resort.
A primary concern addressed during the meeting was the project's proximity to the existing wastewater system, which is not located near the development site. To mitigate this issue, the council approved a no-discharge package plant for wastewater treatment. The agreement outlines specific treatment quality standards and operational details, ensuring compliance with city regulations.
The development plan includes various amenities, such as a regional parkland contribution, a private amenity center, and pedestrian and bike trails that will connect to the Goodwater Loop Trail. The project will also feature 43.4 acres of public parkland, with a minimum investment requirement for park improvements.
Key discussions included the architectural standards for the homes, which will require 85% masonry on visible elevations, and a diverse range of lot sizes, from 45 to over 80 feet wide. Transportation improvements were also highlighted, with the developer committing to construct significant road infrastructure, including a segment of Cross Creek Road and Lakeside Estates Boulevard, which will enhance connectivity to State Highway 29.
The council reviewed the financial aspects of the project, noting that the maximum tax rate for the municipal utility district (MUD) would be set at 97.5 cents per $100 valuation, slightly above the city’s standard policy. This adjustment was justified by the extensive infrastructure investments required for the project.
Additionally, the council discussed the future annexation of the development, emphasizing that a strategic partnership agreement would be necessary. The agreement includes provisions for a post-annexation surcharge to ensure the city can recover costs associated with any remaining debt from the MUD.
In conclusion, the meeting underscored the collaborative efforts between the city and the developer to address infrastructure challenges and enhance community amenities. The council's approval of the consent agreement marks a significant step forward for the Lakeside Estates project, which aims to provide substantial benefits to the Georgetown community. Further discussions and follow-up actions will be necessary as the project progresses.