Rancho Lorena should be poised to capture some of the residential and commercial growth that continues to move towards the Lorena area. Below is an excerpt from the Waco Tribune Herald about a future project on the drawing board for the Lorena area.
Developer Rick Sheldon, who owns 240 acres at the northwest corner of the FM 2837 and Interstate 35, says he plans to build a multiuse project there that would feature signature bridges over Interstate 35 similar to those he developed in Kyle, Texas. Sheldon said the project is still three to five years off, but when the new Hillcrest Baptist Medical Center opens at the intersection of West Loop 340 and Interstate 35, it will change the “whole dynamic” in Lorena. “We’re five miles from the new hospital,” he said. “We are going to get tons of doctors and medical-related folks to move to Lorena where they can just drive five miles down the road to go to work.” www.wacotrib.com
Frontera Development is a full service real estate development firm based in Waco, Texas. The firm focuses on residential, commercial developments and master planned communities that emphasize the values of New Urbanism and Traditional Neighborhood Development.
Frontera Development is currently working on the Rancho Lorena project at the corner of Old Lorena Rd. & Spring Valley.
For more information, contact Mark P. Felton II at 254-495-1241.
www.rancholorena.com
www.frontporchhomes.blogspot.com
www.cottoncrossing.net
Waco Developer Rick Sheldon plans 240 acre multi-use project in Lorena
Rancho Lorena not affected by Water Treatment Facility Dispute
Rancho Lorena, one of the Waco area's newest Master Planned Communities will not be affected by the ongoing dispute in the Bull Hide Creek Water Treatment Facility issue.
Rancho Lorena is situated at the corner of Old Lorena Rd. & Spring Valley Rd. and it is served by the Spring Valley water system, which at present has plenty of water capacity for the project. The lots are acreage lots so the residents will be utilizing septic systems and will not have to deal with the over capacity Waco Metropolitan Area Regional Sewer System or WMARSS which is currently negotiating with the area residents to place a new treatment facility in the Bull Hide Creek area.
Excerpt from WacoTrib
Sunday, April 06, 2008By David Doerr
About 100 concerned residents met at the Levi Water Supply Corp. office Monday to trade information about the plant and talk strategy on how to stop it — or at least prevent it from permanently marring their rural lifestyle.Charlie Montgomery, who lives on 3 acres adjacent to the 233-acre tract the city purchased to build the plant, has helped lead the opposition, although no formal organization has been established.He says residents along Bull Hide Creek are there to live the “simple life.”“You’ve got a creek running through here. It’s quiet,” he said. “You go outside and you don’t hear traffic all the time. You don’t hear a lot of things you hear in the city. You come home, and you are able to relax a lot better.”Montgomery, who works in construction, understands that development follows utility lines, so he is warning his neighbors about what might be in their future, including small-tract housing and increased traffic. www.wacotrib.com
Even though this ongoing issue doesn't directly affect the residents of Rancho Lorena, a strong and stable infrastructure that will allow the growth that is coming to the area to progress in a proper manner benefits all Lorena area residents eventually.
Rancho Lorena Nears Completion of First Phase
The Rancho Lorena subdivision is nearing completion. Almost 35% of the lots have been pre-sold to builders and individual homebuyers. The roads are being prepared for base and asphalt as we speak. Rancho Lorena is Lorena's premiere subdivision offering acreage lots from 1.4 to 4 acres. It is situated in the perfect location development wise. The property is in the Lorena School District, it has Spring Valley Water, and is in the City of Waco ETJ, so residents will basically have no city taxes until it is annexed. Lorena has been a very desirable school district for over 20 years, however, families wanting to relocate there have only had a few options as to where the could move. Now with the great access to Spring Valley Rd. and Old Lorena Rd., Rancho Lorena is poised to be best place to live in the Lorena area.
Country Estate Living at its best. Rancho Lorena will allow you to have an animal such as a horse. You can build a barn or out-building as long as it matches the construction of the house. There is a 2,000 sq/ft minimum on houses. All buyers will submit there plans to the Architectural Control Committee for review and approval.
Lots are very affordably priced and are going quickly. A model home will be built sometime in 2008. For more information, you can go to http://www.rancholorena.com/ or contact Mark P. Felton of Frontera Development.
Frontera Development is also the developer of the Cotton Crossing subdivision in Woodway as well as Lost Oaks in Bosqueville.
