Preliminary plan for new street, residential development approved for Lakeway

A preliminary plan that includes 10 new residential lots, one drainage reserve lot and a new street called Taranga Drive was approved unanimously during Lakeway’s Dec. 19 city council meeting.

The project is a 5.59-acre development being built by Houston-based general contractor RobRyan Custom Builders and is located at 507 Rupen Drive, Lakeway, according to city documents.

“It [the undeveloped land] has no critical environmental features on the property,” said Director of Building and Development Services Erin Carr.

In a letter submitted to the city, Ryan Harris, president of RobRyan Construction, said the land will stay zoned in its R1 or Residential 1 zoning district. According to the Lakeway City website, a R1 zoning district is restricted for detached single-family residential dwelling units.

Harris also said, per the current preliminary plan, the housing density would be consistent with half of the immediate neighborhoods and less dense than the other half.

The developer is also requesting City Council approve a fee in lieu in the amount of $45,000 to meet the parkland dedication and improvements requirements. The city may require dedication of land if the proposed development is in a park-deficient area, according to the Austin city website; however, a developer may choose to pay in lieu of building parkland.

Once development starts, the project will be finished in one phase, according to city documents.