DALLAS, April 28, 2022 /PRNewswire/ — RREAF Communities, a division of RREAF Holdings focused on acquiring, developing, and delivering highly-amenitized, large-scale master-planned communities, today announced the closing on a 3,173-acre mixed-use development between Austin and San Antonio in Caldwell County.

“RREAF Communities’ master plan proposes a wide variety of land uses,” said Kip Sowden, Chairman and CEO of RREAF Holdings. “Our current plans build on the exciting economic momentum in Texas. We have seen tremendous interest in commercial opportunities, and this property is ideally situated to become a commercial and industrial hub.”

The community is anticipated to include thousands of residential homes, abundant retail, restaurants, hotels, offices, healthcare, and light industrial sites, as well as future school sites. The property is located at the intersection of State Highways 130 and 80, a 30-minute commute to Austin and 40-minute commute to San Antonio. Its location offers convenient access to two major Texas markets. Click to read more at www.prnewswire.com.