JARRELL – DMB Development LLC is under contract to buy 7,088 acres of the 9,000-acre Solana Ranch to build what the firm is calling a “new town.”
The creation of a municipal utility district (MUD), is a key piece to starting the development of a site this large, which could approach $2 billion in investment. The Texas House and Senate approved the bill the create this mud. It’s currently waiting on the approval of Gov. Greg Abbott.
Plans for Solana Ranch include many elements of a traditional Texas town and will be built out in a series of villages for up to 50,000 residents. It would be one of the largest population centers in Williamson County.
It will take several years to prepare the sprawling site for development, but the aim is to open the community in late 2026.