Friday, June 6, 2008

Leander TOD developers try to get on track

From The Austin Business Journal (print edition), June 6, 2008...

Many Central Texas analysts are predicting that the worst of the Austin area's housing market woes may be over. But as the dust settles, developers of some of the region's largest real estate projects -- including those that will make up the 2,300-acre Leander transit-oriented development -- face difficult decisions as they move their projects from conceptual to tangible.

The question on everybody's mind, says Leander Economic Development Director Kirk Clennan, is whether the money will come back now that Central Texas has weathered the credit crunch. But even finding consensus on that question isn't simple.

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