Public-private partnership working on $1B destination project

​​​LEANDER – The city and Leander Springs LLC, a division of iLand Development Group, is developing a 78-acre mixed-use destinatio​n project.

The $1 billion Leander Springs will be at the southwest intersection of FM 2243 and 183A Toll Rd.

It will have a four-acre crystalline lagoon surrounded by ten acres of boardwalk and commercial development, which includes:

• 1,600 multifamily units,

• 253,000 sf of retail space,

• 856,000 sf of office space,

• a 275-key hotel, and 

• 20,000-sf conference center. 

The city will provide as much as $22 million in performance-spaced tax incentives.

STG Design is the designer.