A deal between a Dallas developer and Cottonwood Shores leaders has solidified plans for a high-end, $75 million condominium project on the west side of the city.

Bluffview Waters has been in the making for the past two years. A development agreement was approved by the Cottonwood Shores City Council on Aug. 7.

Rubicon Capital Investments, the firm behind the luxury condos, has plans for two, five-story residential buildings with 113 multi-bedroom units and 15 villas. The project also will include a poolside bar, a fitness spa, tennis courts, pickleball courts, on-site hiking trails, an amenity center, and more.

The new development will sit atop a large hill off of FM 2147 near the Horseshoe Bay border. The site is one of the highest points in Burnet County, according to the developer

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