City Manager Joseph Molis told attendees at a Lakeway public presentation that several large mixed‑use and residential projects are advancing in the city and together will form a new Lakeway City Center, with roads, parking, a water tower and dedicated parkland.
Molis said the developments include Joby, a 210‑unit, age‑targeted apartment complex marketed to 55+ residents; the Square at Lohmans, a mixed‑use center planned to include commercial space, apartments above retail, townhomes and a proposed amphitheater; a Stratus development behind the H‑E‑B approved for up to 260 units but currently planned at 205 units; and several smaller single‑family and townhome projects such as Taranga Place (10 homes), Lakeway Heights (82 single‑family homes), the Enclave at Yaupon (16 homes), a 42‑unit townhome project at 300 Burrell and East Side Landing (about 30 homes). He also described incoming commercial uses including a Kwik Trip, AutoZone, Dairy Queen with a drive‑through and a new car wash.
Molis said developers will extend Main Street across a bridge behind H‑E‑B, add traffic signals and a roundabout to improve access, and dedicate a portion of some developments to city parkland. "Instead of getting a 40‑plus acre development of built structures, it was kind of the idea that they'd be allowed to do something a little bit denser with the apartments on one side because the other side was going to be dedicated to the city for green space and parks," he said. He added the city has not decided how to use the dedicated parkland and suggested leaving it as green space with trails as an initial option.
Molis provided timelines and phasing: some single‑family construction could appear first, commercial development usually follows infrastructure, and he estimated many projects will show significant vertical construction within 6 to 12 months. He said Main Street work is about a year and a half behind schedule but that when components align the developer expects roughly one year for completion of the City Center infrastructure. Tuscan Village Phase 2 and the Joby project anticipate substantial activity this summer; Molis said Joby aims to open and the associated traffic signal should be installed by the summer season.
Molis also described parking and unit mix strategies. Joby is marketing to an older demographic and will rely on reduced parking ratios (about one space per unit with additional premium spaces and guest parking) and underground garages to reduce surface parking; cottages and condominiums nearby will be ownership opportunities. Stratus is building fewer units than approved (205 of 260) to offer somewhat larger units.
On utilities and environmental constraints, Molis said Lakeway does not directly regulate raw water supply (that work is done by municipal utility districts and water control districts) but warned that wastewater disposal is a practical limit on development because the city is in the Highlands Watershed Protection Area and cannot discharge effluent directly into Lake Travis. "What I think will hit as a barrier to development before water consumption is wastewater distribution," he said, noting that irrigationable land for treated effluent imposes a cap on dwelling units in the area.
Residents at the meeting asked about traffic, property values and the character of new construction. Molis said historical data shows nearby high‑end multifamily often raises adjacent single‑family property values, though he said appraisal effects are determined later by the county appraisal process. He repeated the city’s planning guidance that higher density is intended to be concentrated along highways and in areas where infrastructure can support it, referencing Lakeway’s comprehensive plan and an ongoing plan update that will include new community dialogue sessions.
Molis also described design measures intended to transition density to existing neighborhoods: single‑family backyards will abut single‑family lots, and denser buildings will be placed nearer commercial corridors with buffers between uses.
Ending note: Molis said project pages and maps are available on the city website and that developers will provide drone footage and regular updates; he encouraged residents to review the materials and participate in the comprehensive‑plan update to influence future decisions.