{"id":1004158493,"date":"2016-11-08T02:01:43","date_gmt":"2016-11-08T10:01:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004158493"},"modified":"2020-05-18T00:04:15","modified_gmt":"2020-05-18T08:04:15","slug":"new-475m-trace-development-announced-for-san-marcos","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-475m-trace-development-announced-for-san-marcos\/","title":{"rendered":"New $475M Trace Development Announced for San Marcos"},"content":{"rendered":"<p><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004158494\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004158494\" data-attachment-id=\"1004158494\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/new-475m-trace-development-announced-for-san-marcos\/trace-master-planned-development-san-marcos-texas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg\" data-orig-size=\"1069,780\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Anca Gagiuc&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1478600064&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Trace Master Planned Development, San Marcos, Texas\" data-image-description=\"&lt;p&gt;Trace Master Planned Development, San Marcos, Texas&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Trace Master Planned Development, San Marcos, Texas&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg?w=1024\" class=\"wp-image-1004158494 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg\" alt=\"Trace Master Planned Development, San Marcos, Texas\" width=\"300\" height=\"219\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg 1069w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg?resize=300,219 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg?resize=768,560 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Trace-Master-Planned-Development-San-Marcos-Texas.jpg?resize=1024,747 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004158494\" class=\"wp-caption-text\">Trace Master Planned Development, San Marcos, Texas<\/p><\/div>\n<p><strong>San Marcos, Texas<\/strong>\u2014A $475 million mixed-use project that will encompass roughly 1,000 homes and approximately 850 apartments, as well as office and retail space, is planned for a site near the San Marcos outlet malls, the <em><a href=\"https:\/\/www.mystatesman.com\/news\/business\/475-million-san-marcos-project-to-include-homes-of\/ns3CR\/\" rel=\"nofollow\" target=\"_blank\">Austin American-Statesman<\/a> reports<\/em>.<\/p>\n<p>The 420-acre project dubbed Trace will be located at Posey Road and I-35 and will be developed by California-based <a href=\"https:\/\/www.highpointeinc.com\/index.htm\" rel=\"nofollow\" target=\"_blank\">Highpointe Communities<\/a>. The master planned <a href=\"https:\/\/www.commercialsearch.com\/news\/development\/\" target=\"_blank\">development<\/a> will be centrally located\u201428 miles south of the Austin city limits and 28 miles north of the San Antonio city limits. Construction is expected to begin this month.<\/p>\n<p>The residential component includes both single-family home sites and two <a href=\"https:\/\/www.commercialsearch.com\/news\/multifamily\/\" target=\"_blank\">multifamily<\/a> areas approved for up to 24 units per acre. It will also include the 7-acre central park The Presidio, as well as a 2-acre amenity center, approximately 3 miles of pathways, a resort-style pool and pavilions and 76 acres of dedicated open space. Builders and home prices have not yet been announced.<\/p>\n<p>The commercial segment includes a 43-acre site set aside for a business park or corporate campus with up to 1 million square feet of office space, a 9-acre neighborhood <a href=\"https:\/\/www.commercialsearch.com\/news\/retail\/\" target=\"_blank\">retail center<\/a> and another 13-acre retail center along I-35. Sites have been set aside for a future San Marcos Consolidated school district elementary school and a fire station, according to the developer.<\/p>\n<p><em>Image courtesy of <a href=\"https:\/\/www.williams-land.com\/\" rel=\"nofollow\" target=\"_blank\">Caren Williams<\/a> <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project will include approximately 1,000 homes and more than 1 million square feet of commercial space.<\/p>\n","protected":false},"author":237,"featured_media":1004158494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21782,21752,21742,1607],"tags":[],"class_list":["post-1004158493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-mixed-use","category-latest","category-san-antonio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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