The development of 188 acres of the $2.5 billion Veramendi project is on hold for the foreseeable future.

An initial proposal for an area known as Sector Plan 3 was submitted in September and recommended for denial by city staff on Nov. 5.

City staff identified necessary changes to the plan, including additional street extensions and the reclassification of a park located within a gated neighborhood.

Representatives for developer ASA Properties discussed the necessary changes to Sector Plan 3 at a New Braunfels City Council meeting Nov. 11.

“We would like to use the next month to work with city staff in partnership so that we can seek a favorable recommendation,” ASA Properties consultant Chris O’Connor said.


A new application for Sector Plan 3 will be submitted as early as Dec. 9, O’Connor told council.

Once complete, Sector Plan 3 would be primarily residential with 440-878 housing units, more than 30 acres of parks and green space, and roads connecting to FM 1863.