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Village Prepares for 2.3M-SF Hill Country Galleria Vote

BEE CAVE, TX-The project's been downsized from 3.6 million sf and excludes multifamily components. The compromise between developers and Village of Bee Cave elected officials puts the issue up for a vote June 25.

By Tim Green | Updated on June 19, 2002

BEE CAVE, TX-A deal has been ironed out between developers and the Village of Bee Cave that could result in a high-end shopping center for the small community west of Austin.

The village’s board of aldermen and its zoning and planning commission are set to vote June 25 on the development agreement in a joint meeting. A town meeting may be held June 24 to give residents the opportunity to speak.

If the agreement is approved, the Hill Country Galleria would have 2.3 million sf in an open-air retail center anchored by high-end department stores and hotel facilities. That’s down from the original proposal of 3.6 million sf and excludes multifamily components.Developers Austin-based International Development Management and Dallas-based Lincoln Properties would be eligible to recoup up to $30 million of its investment through the sharing of sales taxes if the project meets the village’s expectations.

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