Here is the evidence we are observing in the Bee Cave—Dripping Springs area about growth from the vantage point of West Hill Business Center.
Woodhill, a Ross Perot company, purchased Rocky Creek Ranch on Hamilton Pool Road and is opening spring of 2011 according to the Austin Business Journal (9.8.2010). The development is less than four country miles from us.
The inventory of high end homes in Belvedere has sold, new lots are moving. Activity is apparent and confirmed by a builder who is back building there. They are also off Hamiton Pool Road.
Folks in Dripping Springs are filling the new HEB, Home Depot and Walgreens, but the exciting news—other the Jesse James of West Coast Choppers buying a spread off Fitzhugh and Trautwein—are the boutique businesses appearing in this area. Besides breweries, wineries and artists there are more consultants and high tech businesses such our friend the carbon-nanotube researcher who bought a 5,000 sf building from James Bailey earlier this year on Fitzhugh Road.
Will share more soon.
