Columnar Investments Plans Major Mixed-Use Development in Georgetown
Columnar Investments is seeking the City of Georgetown’s approval for a major new multi-use development named Heirloom. Spanning 620 acres, the proposed project could bring approximately 3,600 new housing units—including townhomes and apartments—to the area, along with 48 acres of dedicated parkland.
A central feature of the development would be a Main Street-style commercial hub, offering at least 200,000 square feet of retail and office space. The estimated cost of the project stands at $100 million, and the developers are aiming to break ground as early as next year.
Heirloom would be located at the northwest intersection of Ronald Reagan Boulevard and County Road 248, directly across from the site of a new H-E-B supermarket currently under construction.
Planning and design for the development is being led by Lionheart Places, with financial advisory services provided by Development Planning and Financing Group Inc.
Upon approval, the City of Georgetown would provide essential municipal services including water, wastewater, and emergency response support.
Located about 30 miles north of Austin, Georgetown has been the fastest-growing city of its size in the United States for three consecutive years. Its population is approaching the 100,000 mark, further underscoring the region’s ongoing demand for residential and commercial expansion.
