Local news sources from KXAN and the Austin American Statesman report that an African themed water resort will be coming to Round Rock and is to be built near the Dell Diamond on 350 acres. This is no small venture and won’t be ready until 2020. Planned are a 200,000-square foot indoor water park and a 990-room resort hotel. Also planned is a 150,000 square foot convention center. There will be several small man-made lakes with restaurants near the water. The price tag is estimated to be $250M and will have an estimated 700 permeant jobs. Of course there will be hundreds of construction jobs over the next few years to pull all of this off. The developer looked at Dallas, San Antonio, Frisco and Houston before deciding on the Round Rock location. What they liked most about Round Rock was the “can do” attitude that the city takes towards development. Also coming into play were local events and large evens such as Formula One and the Austin City Limits music festival.

This just makes good sense to me. Since we still have about 150 people a day coming into our area with about 100 of them landing in Travis and Williamson County these folks need a place to take their families and to relax, and of course to spend money.

These are more good reasons that owning Austin area real estate makes good sense.

Rick Ebert / Austin, Texas / 17 June 16