Site work construction has begun for the Esperanza community east of Boerne. The official groundbreaking was held in early December 2014. The Lookout Group is the owner/developer of this master planned community, which has been in pre-development since 2008. It is now underway with construction of the new entrances and street network.
Read the cover story in the San Antonio Business Journal about the Lookout Development Group’s latest master planned community, Esperanza, at http://www.bizjournals.com/sanantonio/print-edition/2015/02/06/a-beacon-of-hope-and-profit.html?page=all
Negotiations continue to move in a positive direction for both the city and new Esperanza owner as they consider revised terms to the subdivision 2008 development agreement.
Officials come away pleased after first meeting, with hopes high for the development.
Boerne city officials and the new owners of the Esperanza property came together Wednesday to meet and greet in a sit-down at city hall, signaling a new beginning for the beleaguered development.