New development to bring almost 400 homes to Georgetown

Because of the area’s floodplain and topography, the open space in the center of the neighborhood can not be developed, Assistant City Manager Nick Woolery said. The open space is broken down into:

• 5.17 acres of developable parkland
• 5.66 acres of parkland in the floodplain
• 49.5 acres of undevelopable open space

The development will also include space for a proposed lift station, which pumps wastewater from lower to high elevations, along the San Gabriel River. Georgetown officials requested Pulte Group install an 8-foot masonry wall around the lift station because of its proximity to parkland, Woolery said.

Explained

The purpose of a MUD is to help a development pay for amenities and infrastructure improvements that exceed the minimum city standards, according to city documents. Improvements are funded by a special property tax.

Pulte Group plans to include water and wastewater infrastructure, drainage and street improvements, and parkland and trail enhancements, totaling a $43 million project. The MUD is proposing a tax rate of $0.55 per $100, which is the city’s maximum allowed tax rate for MUDs.

Jonah Special Utility District will provide water service.

Looking ahead

Land development is slated to begin in early 2027, with the first home completed in mid-2028. Full build-out would wrap up in 2033, Dante Monsivais-Ochoa, director of land acquisition at Pulte Group, said at the meeting.