Lakeway Approves Zoning Required for Flint Rock Road Development
Lakeway City Council met in person on Monday evening and approved the zoning required for the proposed Cherry Knoll development. The project, which spans approximately 26 acres in two parcels, will include 126 housing units on one side of Flint Rock Road and retail and park space on a 3-acre parcel of land on the other.
This development was discussed last month, but a vote was delayed until council heard the results of a traffic study, which was presented at the last meeting. The study found that Flint Rock Road is not overcapacity and that the signal timing on the RM 620 needs to be optimized to improve traffic in the area. The study also indicated that a right-turn-only driveway from the development at Flint Rock Road will not affect traffic results and that a traffic light is the appropriate way to mediate traffic at the intersection of Flint Rock Road and Wild Cherry Drive.
The development is intended to serve as a transition between a nearby hospital and the residential area on the other side.
Staff of the Legacy DCS development company, agent for landowner Cherry Knoll, LLC, said the park must be completed before the developer can issue certificates of occupancy for homes built in phase two. . This requirement is to ensure that the city and its residents have timely access to the promised park. The developer has also agreed to develop the land that the retail store is planned to go on so that the commercial plot is fully usable until it is ready to build the retail space.
Council also heard an update on Lakeway Park Oaks and residential development from Stratus Properties. Stratus presented to the board on April 5 a project for 250 to 275 apartments on the south side of Main Street and a 26-acre park on the north side that would be dedicated to the city as a public park. As part of the development agreement, the developer would fund improvements to the section of Main Street that runs between the two halves of the property.
This week, council voted to ask city staff to consider the next steps to move this multi-family option forward.
The current zoning allows for more spaced single-family homes and a hotel on the lot, but Beau Armstrong, president and CEO of Stratus, said that option was not financially feasible for the company at this time. He said the company will proceed with the multi-family home option as soon as possible. Armstrong said it was too early to give a price range for the units, but the company is interested in providing housing for workers like teachers and city staff who are struggling to afford housing. at Lakeway and paying rent.
The board also voted in favor of approving three projects to be undertaken this year as part of the overall capital improvement plan. This includes replacing the lower level city park play landscape, which is in a floodplain and has deteriorated. The new design includes three bay swings, space climbers, and slides, along with quieter spaces and other features that should appeal to a range of children ages 2-12.
The council also approved the replacement of the cinema screen trailer with a high-tech model that has a mobile LED screen with a built-in generator and better speakers that would allow the city to expand the lineup with the trailer. The third approved project was a sidewalk for the Hearst Creek Sculpture Garden
Council also approved a request to annex 22.6 acres of land to expand the Lakeway Highlands development east of the intersection of Crosswind Drive and Hornsby Lane.
The council also discussed a pre-design proposal for a recreation center, which would give the council more information on possible next steps for the project, including what type of facility might be feasible and what the community wishes. The pre-design process would cost around $ 48,000 and the board decided to ask the Lake Travis School District to share the cost, since the district had already been discussed as a partner in the project.
The board also spent around two hours in executive session and took three votes after returning around 12:30 p.m.
The council approved sections of new police policies. Spokesman Jarrod Wise said details on the policies are not yet available but will be released when all policies are ready. The council also voted to give the city manager a raise and to standardize labor agreements with city staff, which will be discussed in more detail at a special meeting next week.