Waco Developer Rick Sheldon plans 240 acre multi-use project in Lorena

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
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