The Preserve will feature a mix of office, retail and flex spaces located off Hwy. 29 near the Water Oak neighborhood.
The overview
Georgetown-based developer OM Properties broke ground on Phase 1 of The Preserve in December, according to a news release by Jefferson Bank, which is providing $20 million in financing toward the first phase. Construction is expected to take 18-24 months, with Phase 1 opening in mid- to late 2025.
Phase 1 will include 50,700 square feet across the following buildings:
- One two-story office building
- Two retail buildings
- Two flex space buildings