Officials with Columnar Investments, the developer, expect to break ground on the roughly 620-acre project early 2026, Executive Director John Landwehr said in an email to Community Impact.
About the project
Columnar Investments returned to Georgetown City Council on March 25 to discuss the development.
“When we came through the first time, you guys spoke a lot about the [downtown] square, and wanting to recreate that a little bit on the west side,” Logan Kimble of Columnar Investments said at the meeting. “So we've layered that in.”
According to a presentation, the project includes:
- 240 acres of residential single-family uses
- 109 acres of general commercial developments
- 48 acres of dedicated parkland
- 120 acres for a Georgetown ISD school site
“This is going to be a destination,” District 2 council member Shawn Hood said. “I want this to be a leading edge development.”
Heirloom Georgetown will be located near neighboring subdivisions, Benold Middle School and a future H-E-B grocery store, according to previous Community Impact reporting.
The project would have $100.4 million in infrastructure costs and form connections to nearby roadways, improve intersections and add traffic signals in the area, Assistant City Manager Nick Woolery said.
What it means
Columnar Investments officials are asking for council members to approve turning the development into a public improvement district.
PIDs are physical areas governed by the city or county where certain assessments are levied, or imposed, to help fund infrastructure improvements for the development, according to previous Community Impact reporting.
The site is currently in the extraterritorial jurisdiction but is planning to be annexed into city limits, according to the presentation. PIDs must be inside city limits, Woolery said.
Additionally, a request to turn the project into a planned unit development is under review, according to the presentation. PUDs are adopted as amendments to the city’s zoning ordinance and must be approved by council members, according to previous Community Impact reporting.
PUDs offer developers flexibility outside of standard zoning requirements, but also require the quality of what’s being developed should be equal to or better than standard zoning.
Going forward
Columnar Investments officials expect to have zoning, annexation and PID approvals by mid-summer, Landwehr said in an email. The project will be developed from west to east in phases, Kimble said.
Next steps include city officials drafting required documents for the project and reviewing a financial feasibility study, according to city documents.
At a future date, Georgetown City Council will hold a public hearing and possibly take action on creating a PID for Heirloom Georgetown.
