Council approved planned unit development zoning for an 11.74-acre lot west of Exchange Boulevard at its regular meeting Jan. 6.
Developer Sage Architecture plans to use the site for an active adult community called NorthStar Hutto.
NorthStar Hutto will be a 216-unit multifamily complex intended for residents age 55 and older, including amenities such as a clubhouse, a pool and a dog park.
Officials said Hutto has a need for senior-oriented housing; the city has one dedicated senior living community.
"The waitlist for market-value [senior housing] is over two years, so I feel like this is something that Hutto really can use," Council Member Krystal Kinsey said.
As part of the development, Sage Architecture will contribute to the extension of Live Oak Street, which will run along the north side of the property when complete.
Sage Architecture representative Robert Bond said construction on NorthStar is expected to begin this summer and take between 16 and 18 months.