Areté Collective and IMI Worldwide Properties celebrated the groundbreaking of Loraloma, a multifaceted development within the Thomas Ranch master-planned community in Spicewood, on June 15.

Nestled within the Hill Country, Loraloma will be built on sprawling 1,300 acres and will feature an array of amenities for residents, including a swimming hole, hiking and biking trails, a new golf course designed by Scotland native and course designer David McLay-Kidd, a boutique hotel, and more.

“One of the things that drew us to David’s team and design and ethos is the way his team and all his golf courses really blur that line between the edge of golf and the natural landscape,” said Kris Kvarfordt, senior vice president of planning and landscape architecture of Areté Collective, at the groundbreaking. “We really wanted to work with what the land would give us.”

The 18-hole golf course will be built around and with the land as it exists, with around 90 acres of turf placed throughout, with the remaining approximately 200 acres of the course to be left as is. The course is slated to open late 2024 or early 2025.

“The social aspect of this [project] is that we really want to foster community and connection through the designs and the trails,” Thomas Ranch Director Meegan Beddoe said at the event. “The idea that you can walk out your front door and walk to your neighbors and have this front porch experience as much as you have stargazing on your back porch.”


The first 25 residential lots are expected to hit the market this summer; the subsequent homes and amenities are expected to take up to 10 years to complete.