New Braunfels City Council members on Monday unanimously approved two items related to the 1,900-acre Mayfair project, a proposed master-planned mixed-use community located north of New Braunfels slated to add thousands of residential housing units as well as commercial and light industrial development, parks and spaces for additional schools.
Council members approved the creation of Comal County Water Improvement District No. 3, which would maintain the authority to impose an assessment on paying for drainage, roads, water and sewer utilities, parks and other items appropriate by law within the development property.
The assessmentâs purpose is to provide a reimbursement process to developers to construct a variety of public facilities.
$250-million master-planned community breaks ground on South Side of San Antonio
Work will start near Loop 410, gradually move toward nearby University
San Antonio Business Journal
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Editor’s note: This story was published through a partnership between the San Antonio Business Journal and KSAT.
A $250 million master-planned community just north of Texas A&M University-San Antonio’s South Side campus has broken ground.
Thad Rutherford, president of New Braunfels-based SouthStar Communities, received approval from the San Antonio City Council in November 2019 to acquire a 600-acre parcel off Interstate 410 and South Zarzamora Street for $30 million and create the development, called Vida.