The New Braunfels Economic Development Corporation, or NBEDC, received a presentation on the proposed improvements Sept. 30.
The details
As projects begin to come online downtown, the city’s economic development corporation is looking at “striking at opportunities” to fulfill other policy objectives, such as walkability, connectivity and the expansion of underground facilities, Jeff Jewell, New Braunfels’ director of economic and community development, said during the NBEDC meeting.
“With the Neue project, we saw the particular opportunity to do that,” Jewell said.
The proposed improvements would be along Guenther Avenue and San Antonio Street and include sidewalk, drainage and utility improvements, as well as Americans with Disabilities Act-compliant improvements. The developers would incur approximately $700,000 worth of public infrastructure fees and $1.3 million in site-related improvements, according to the presentation.
What the developers are saying
Lindsey Gillum, managing partner of Gillum Properties, said they know there are concerns from residents related to water, traffic and parking.
Gillum said multifamily developments are more efficient with water because not every resident has a yard that needs irrigation.
“We also have designed the development with drought-tolerant landscape and a filtered drainage system on site,” Gillum said. “As for parking, every condo will include assigned, secured parking behind the gate and our commercial spaces will be designed with parking in mind as well.”
She also said the project is designed to enhance walkability and not create congestion in downtown traffic or parking.
Latest update
The Neue will have 43 owner-occupied residences made up of one- to three-bedroom condos. Community Impact previously reported that The Neue would have 46 one- to two-bedroom condos.
The $72,000-square-foot development will still have three professional office spaces totaling 3,300 square feet and two retail spaces totaling 2,000 square feet, according to the presentation.
Community Impact also reported that The Neue would be completed by the spring of 2027. That timeframe has now been extended, with completion estimated to be in the summer or fall of 2027, according to the presentation.
