Lago Vista set to be the Next Big Thing

August 18, 2007

lake travis lakeway lago vista new development by hines international brought to you by single pointe realtyAccording to the Austin Business Journal, there’s a chance that it’s about to be Lago Vista’s time to shine!  Hines Interests is a major developer headquartered in Houston with development all over the globe.  Recently, they completed a purchase of 875 acres around Lake Travis and intend to transform this area into an upscale residential development, bringing about 2,000 homes to this prime area.

Current cities on Lake Travis are Lakeway and Lago Vista which look very close together on a map but upon closer inspection you will see that you must drive all the way around the lake to get from one to the other.  That being said, these small cities are quite different from each other.  Lakeway was long ago established as a resort style retirement escape but has blossomed into a cool area for lake living where jet skis and upgraded stainless steel appliances are a part of the new residents’ daily lives. 

Lago Vista has long been a more remote area with a laid back country feel.  You can still find small local shops and older lake cabins.  Will a developer destroy the feel of this small town?  We don’t think so.  Balancing the country feel with an upscale modernity will inject the kind of financial support to this area that it would surely welcome.  Lago Vista has long been a diamond in the rough and will quickly become the hip alternative to Lakeway.  So, within the year when your new friend says they live on Lake Travis, you’ll be in the know- it doesn’t just mean Lakeway anymore!

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