Regarding the retail-to-residential development of Lake Highlands Plaza at the southwest corner of Walnut Hill and Audelia, Mark Dann of Highland Classic Homes, LLC. (one of three builders on the project along with Nobility Homes and New Leaf Construction) tells us that the powers that be have been busy “going through city approval and the abatement process on the teardown of the buildings.”
Dann suspects that the development will be complete, at the earliest, by the end of the year, assuming all goes as planned. Pre-sales will begin soon, and Dann notes, “There are 17 lots averaging a bit over 10,000 square-feet in size. An 8-foot, brick wall will surround the subdivision, and the only way in will be off of Spring Branch … [the pricing] will most likely will be around $200,000-plus average per lot. The typical product will average in the 4,000 square-foot range with total pricing in the $700,000s on average.”