A new 126-acre development called Indigo Ridge North could add a major retail, office and restaurant development to the northeast section of Cedar Park.
Previously a planned development, the roughly 126 acre space will allow for a planning area, establishing “a high-quality look and feel for Cedar Park residents, business owners and visitors, as well as encourages connectivity from adjacent parcels to promote a comprehensive and holistic neighborhood,” according to city documents.
The planning area, approved unanimously by the city’s Planning and Zoning Commission on July 17, is said to promote future land use, livability and transportation for the city.
“The project specifically supports the City’s efforts to develop focal points, developments with a
distinctive character, and the attraction of mixed-use developments in appropriate locations,” stated Todd Madden, president of the developer, Thompson Morris Real Estate Development. “The proposed Project incorporates a higher-density mixed-use approach to development that creates a live/work/play environment that promotes the development of revenue-generating land uses, including retail, restaurants, hotel and service-oriented businesses. It also promotes higher-value rents for lease space as part of a considered and sensitive design which incorporates open space and park areas as part of the development.”
Amy Link, the assistant director of development services with the city, said only office buildings may be built up to 10 stories high. She also stated that there would be a maximum of 3,000 residential units, although Thompson Morris Real Estate Development could ask to build more units in the future by order of a special-use permit.
The project has been split into two parts: the Village District to the east of the project and the West District to the west.
“The proposed project supports the city’s Vision Statement in its 2014 Comprehensive Plan (adopted 20 Nov. 2014), specifically the vision of Cedar Park’s future in regards to community, innovation, service, professionalism, integrity, leadership and fiscal responsibility,” said Madden.