Gregg Ranch developers seeking Marble Falls annexation
Contributed
This conceptual sketch of the future Gregg Ranch subdivision development shows the two sections on either side of TX 71. The west side will be single-family residential, while the east side will be planned as multi-family and commercial.
by Alexandria Randolph
Following the approval of a development agreement, Gregg Ranch developers will begin the next steps of its new subdivision site, including seeking annexation into the City of Marble Falls.
“We’ll be closing with the sellers on Nov. 25,” said Doug Moss, the broker for developer Harvard Investments, Inc. “It needs to be annexed into the city. Then, we’ll begin engineering the property. That’s going to take some time.”
Moss said the 300-acre tract needs to be annexed by Marble Falls rather than Round Mountain, another nearby community, because developers will be tying into Marble Falls' city water and utility infrastructure.
Annexation will also allow developers to rezone portions of the land from agricultural use to residential, multi-family and commercial purposes.
For more on the story, see Tuesday's Highlander.
