Opening of two new residential master planned communities includes the former Texas World Speedway

Apr 26, 2019 · 11m 24s
Opening of two new residential master planned communities includes the former Texas World Speedway
Description

In 2015, what was the Texas World Speedway was turned into Brazos County's first municipal utility district, or MUD. This weekend, the Southern Pointe master planned community opens to the...

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In 2015, what was the Texas World Speedway was turned into Brazos County's first municipal utility district, or MUD.

This weekend, the Southern Pointe master planned community opens to the public.

That follows county commission action to approve the final plat.

Developer Bill Mather says the involvement of the county and the city of College Station was the key to the MUD, where more than 1,900 homes will eventually be built.

The MUD allowed Mather to issue bonds to pay for streets and other infrastructure, then pay off the bonds by assessing property taxes to landbuyers.

Mather says there will be evidence of the former NASCAR track with street names, the topography in some of the green space, and displaying memorabilia in their recreation center.

Southern Pointe is one of two new developments opening this weekend during the Brazos Valley spring parade of homes.

The other is Mission Ranch, located behind the College Station school district's new River Bend elementary school at Rock Prairie and Holleman.
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Author Bryan Broadcasting
Organization Bryan Broadcasting
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