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Second time could be the charm for Butterfield Ranch
Art Martinez, who represents an investment group known as Agua de Vida LLC, addresses the Elmendorf City Council Aug. 9 about the group’s plans to purchase the Butterfield Ranch property and convert it into a mixed-use development.
ELMENDORF -- The drive on U.S. 181 through Elmendorf could look dramatically different pending the outcome of a land deal that would cause the Butterfield Ranch property to change hands.
The Elmendorf City Council, at its Aug. 9 meeting, voted to create Reinvestment Zone Number Two, which would allow for tax-increment financing of infrastructure of the 250-plus-acre property. The council also approved the creation of a Public Improvement District for the site. Both steps were necessary to pave the way for a transaction in which an investment group, known as Agua de Vida LLC, plans to purchase the property from Kilowatt Park Land LLC.
Prior to the national recession and the accompanying downturn in the national housing market, Butterfield Ranch was planned to become a large residential subdivision. Only a few homes were built off Cassiano Road before the project stalled.
Art Martinez, who represents Agua de Vida, said the group plans a mixed-use development that will include two hotels, a restaurant, and a two-story commercial structure with offices and retail space between U.S. 181 and Cassiano Road. The plans also include 20 commercial pad sites and 650 residential lots, he said.
Also during the meeting, the council voted to install a streetlight at the mailbox cluster on Elmendorf-La Vernia Road. One streetlight each also will be installed at the following Loop 1604 entrance ramps:
•Old Corpus Christi Road
Two streetlights will be installed where the entrance ramps to Loop 1604 intersect the actual highway.
The council also discussed disciplinary matters related to the Elmendorf Police Department. See related article, page 8A.
Elmendorf City Council, Aug. 9 meeting
In attendance: Mayor Manuel Decena Jr. and councilmen Linda Ortiz, Linda Hall, Jesse Garcia, R.M. “Andy” Anderson, and Richard Rodriguez; City Administrator Cody Dailey, Chief Sonny Gonzales of the Elmendorf Police Department, and City Attorney Michael Guevara.
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