Leander Mayor Troy Hill announced on October 15 that a mixed use project with retails, restaurants, entertainment, hospitality, office and residential components called Leander Spring is getting built across 78 acres. According to the city, the fully developed Leander Spring will be valued at $1 billion.
As part of this project 4 acre crystalline lagoon is promised which will be powered by Crystal Lagoons technology and surrounded by 10 acres of boardwalk and related amenities. The lagoon will be filled only once and operate in a closed circuit to ensure sustainable use of water.
Hill said in the press release that Leander Springs will have a phased approach that will bring in much needed commercial development at the beginning of the project while incorporating residential uses in a proportional manner.