Lakeside project will include retail, restaurants and homes.
A Dallas-Fort Worth property investor and developer has won approvals for a major mixed-use project in Granbury, southwest of Fort Worth
Realty Capital Management plans to build the 48-acre project on Lake Granbury on U.S. Highway 377 in Hood County.
Called Lakeview Landing, the project will include restaurants, shops, single-family homes, an active-adult multifamily community, apartments and a lakefront public park.
“The project offers a premier lakefront location just 45 minutes southwest of Fort Worth,” Realty Capital Management’s Austin Gray said in a statement. “Granbury is a special place with a strong sense of community.
“Lakeview Landing will draw on that sense of community to create an exceptional development on the best remaining lakefront site,” he said. “Our goal is to breathe life into existing retail and energize the area with a variety of lakefront restaurants, shops and a mix of residential options with prime lake views and private boat slips.”
The developer plans for the new park to host music events and outdoor activities, Gray said.
Lakeview Landing has been in the works since 2019. And the city just gave zoning approval for the project.
“The city of Granbury has been instrumental in the planning of this project,” Realty Capital Management’s Tim Coltart said.
The project is set to start later this year and will be fully developed by 2026.
Realty Capital Management has developed almost 200 projects around D-FW and in Colorado. The firm has more than $200 million in developments currently underway.